Communiqué from the annual general meeting of Norse Impact AB (publ)

Today, June 14, 2023, the annual general meeting was held in Norse Impact AB (publ) ("Norse Impact" or the "Company"). The Annual General Meeting made decisions as follows.

Determination of the accounts for 2022 and discharge of liability The Annual General Meeting decided to determine the income statements for the Company and the Group included in the annual report for 2022 as well as the balance sheets as of December 31, 2022 for the Company and the Group. The board members and the managing director were granted discharge for their management of the Company's affairs during the financial year 2022.

Appropriation of profit The Annual General Meeting decided, in accordance with the board's proposal, that the funds available to the Annual General Meeting amounting to SEK 85,874,383 will be balanced in a new account and that no dividend will therefore be paid for the financial year 2022.

Board election, auditor election, board fee and auditor's fee The Annual General Meeting decided, in accordance with the proposal in the notice, that the number of board members should be five without deputies and that the number of auditors should be one auditor, with one deputy auditor.

In accordance with the proposal, it was decided to re-elect Claes Holmberg, Erik Elnes, Espen Andersen, Arve Egil Håbjørg and Andreas Eriksson as board members. Claes Holmberg was re-elected chairman of the board. All elections until the end of the next annual general meeting.

Authorized accountant Thomas Belfrage from RSM Göteborg KB was re-elected as the Company's auditor, for the time until the end of the next annual general meeting, and authorized accountant Kristofer Håkansson from RSM Göteborg KB was re-elected as deputy auditor.

The AGM further decided that the board's fee shall be paid with a total of SEK 321,000 (six price base amounts). The fee must be distributed with two price base amounts for the chairman of the board and one price base amount for each of the other board members.

Decision on change of company name and articles of association The Annual General Meeting decided, in accordance with the board's proposal, to change the company name from Norse Impact AB to Harm Reduction Group AB. The board further proposes that the general meeting decide on a change in the articles of association, in accordance with the table below.

Authorization for the board to decide on a new issue of shares, warrants and convertibles The annual general meeting decided, in accordance with the board's proposal, to authorize the board to, within the framework of the current articles of association, on one or more occasions and with or without deviation from the shareholders' preferential right, during the time until to the next annual general meeting to decide on a new issue of shares, warrants and convertibles.

The authorization may be used for issues of shares, warrants and convertibles, which must be able to be carried out as a cash, kind or set-off issue. The issue price must be determined on market terms.

New issues decided with the support of the authorization must take place with the aim of adding working capital to the Company or to acquire companies, assets or operations.

If the board decides on a new issue with a deviation from the shareholders' preferential right, the reason must be to promote the Company's expansion and spread the shareholder base.

For further information, contact Marius Arnesen, managing director. Phone: +47 938 00 894, e-mail: ma@norseimpact.se