Studsvik

At the request of shareholder Daniel S. Aegerter, which controls at least one-tenth of all the shares in Studsvik AB (publ), corporate identity number 556501-0997, shareholders are hereby invited to attend an extraordinary general meeting on Friday, December 12, 2025, at 10:00 a.m. at the offices of Eversheds Sutherland Advokatbyrå, Sveavägen 20, 111 57 Stockholm, Sweden. Registration for the meeting will begin at 9:45 a.m.

Registration and notification

Shareholders who wish to participate in the meeting must

• be registered in the share register maintained by Euroclear Sweden AB on Thursday, December 4, 2025, and
• give notification to the company no later than Monday, December 8, 2025. Notification of attendance can be given on the company's website, www.studsvik.com, or by email to studsvik@studsvik.com. Notification can also be made in writing to Studsvik AB, Extraordinary general meeting, 611 82 Nyköping, Sweden. The notification must state the name or company name, personal identity number or corporate identity number, address, telephone number, and the number of any advisors.

Nominee-registered shares

In order to be entitled to participate in the meeting, a shareholder who has had their shares registered with a nominee must, in addition to registering for the meeting, have the shares registered in their own name so that the shareholder is recorded in the share register on Thursday, December 4, 2025. Such registration may be temporary (known as voting rights registration) and must be requested from the nominee in accordance with the nominee's procedures and at such time in advance as determined by the nominee. Voting rights registrations made by the nominee no later than Monday, December 8, 2025, will be taken into account in the preparation of the share register.

Power of attorney

Shareholders represented by proxy shall issue a power of attorney for the proxy. If the power of attorney is issued by a legal entity, a copy of the registration certificate (or equivalent authorization document if no registration certificate exists) shall be attached. To facilitate registration for the meeting, the original power of attorney and, where applicable, authorization documents should be received by the company at the above address no later than Monday, December 8, 2025. Power of attorney forms are available on the company's website, www.studsvik.com.

Agenda

1                                   Election of chairperson for the meeting.

2                                   Preparation and approval of the voting list.

3                                   Approval of the agenda.

4                                   Election of one or two persons to verify the minutes.

5                                   Verification that the meeting has been duly convened.

6                                   Resolution on the number of members of the board of directors.

7                                   Election of new member of the board of directors.

8                                   Determination of remuneration for new board member.

9                                   Resolution to authorize the board to resolve on new issues of shares, warrants, and/or convertibles.

10                              Closing of the meeting.

Proposed resolutions

The Nomination Committee has submitted the proposals in items 6-8. The shareholder Daniel S. Aegerter has submitted the proposal in item 9.

Item 6 Resolution on the number of members of the board of directors

The Nomination Committee proposes that the number of members of the board of directors elected by the general meeting shall be six.

Item 7 Election of new member of the board of directors

The Nomination Committee proposes that Anders Bergdahl be appointed as a new member of the board of directors.

Anders Bergdahl has 20 years of experience in the energy sector, with a particular focus on nuclear and hydro power. Anders Bergdahl's experience includes the role of Executive Vice President of Business Controlling for Uniper AB's nuclear and hydro power portfolio and various chief financial roles with expertise in nuclear power operations. Anders Bergdahl has served on the boards of OKG AB, Blykalla AB, Sydkraft Nuclear Power AB, and Swedish Modular Reactors AB, among others. Anders Bergdahl has also built a strong network of decision-makers in government agencies and energy companies in both the Nordic region and the rest of Europe. Anders Bergdahl holds a bachelor's degree in economics from Lund University and has also studied economics and political science at Stockholm University. Anders Bergdahl is independent of the company's major shareholders.

Item 8 Determination of remuneration for new board member

The Nomination Committee proposes that the remuneration for the new member of the board of directors elected by the meeting shall be paid in accordance with the remuneration level decided at the 2025 annual general meeting (SEK 236 250) pro rata for the period from the date of the extraordinary general meeting, including any committee fees (SEK 50 000).

Item 9 Resolution to authorize the board of directors to resolve on new issues of shares, warrants, and/or convertibles

The shareholder Daniel S. Aegerter proposes that the extraordinary general meeting resolves to authorize the board of directors, for the period up until the next annual general meeting and on one or several occasions, with or without deviation from shareholders' preferential rights, to resolve on issues of new shares and on issues of warrants and/or convertibles with the right to subscribe/convert to shares. Such a resolution may be made with the condition that payment must be made in cash and/or by set-off and/or contribution in kind and/or combined with other terms. The number of shares that may be issued by virtue of this authorization whether as newly issued shares and/or upon exercise of warrants and/or conversion of convertibles, may not correspond to a dilution of more than 10 per cent of the total number of shares outstanding in the company immediately prior to the first utilization of the authorization, after full utilization of the proposed authorization.

The purpose of the authorization and, where applicable, the reason for the deviation from the shareholders' preferential right, is to provide flexibility for company acquisitions (including the use of shares and other financial instruments as consideration), to enable capital issues to facilitate expansion of the company's operations and for general corporate purposes.

The subscription price shall be determined in accordance with prevailing market conditions.

The board of directors or any person appointed by the board of directors shall be authorized to make such minor adjustments to this resolution that may prove necessary in connection with the registration of the resolution with the Swedish Companies Registration Office.

This resolution regarding authorization for the board of directors to resolve on issue of new shares, warrants and/or convertibles is valid if it has been supported by shareholders representing at least two thirds of both the votes cast and the shares represented at the extraordinary general meeting.

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Documents

The notice includes complete proposals for resolutions. Documents in accordance with the Swedish Companies Act will be made available to shareholders at the company no later than three weeks prior to the meeting and will be sent free of charge to shareholders who request them and provide their postal address or email address. The notice and documents will also be published on the company's website, www.studsvik.com.  

Shares and votes 

There are 8,218,611 shares in the company with one vote each. The company does not hold any of its own shares.

Handling of personal data

For information on how personal data is processed in connection with the meeting, please refer to the privacy policy available on Euroclear Sweden AB's website via the following link: www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf

Information at the extraordinary general meeting

If any shareholder so requests, and the board of directors considers that it can be done without material damage to the company, the Board of Directors and the CEO shall provide information on circumstances that may affect the assessment of an item on the agenda.

Nyköping, November 2025

STUDSVIK AB

The board of directors

For more information, please contact:

Jan Bardell, Chairman of the board, Studsvik AB (publ), jan.bardell@studsvik.com

Om Studsvik

Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik's business focus areas are fuel and materials technology, reactor analysis software, decontamination and radiation protection as well as technical platforms for handling, conditioning and volume reduction of radioactive waste. The company has more than 75 years' experience of nuclear technology and radiological services. Studsvik has approx. 540 employees in 7 countries and the company's shares are listed on Nasdaq Stockholm.

www.studsvik.com