Communiqué from the Annual General Meeting in Zhoda Investments

The shareholders of Zhoda Investments AB passed the following main resolutions at the Annual General Meeting.

• Approval of the annual report
• Resolution that no dividend is paid for the financial year
• Discharge from liability for the board members and the CEO
• Re-election of the board members Björn Bringes, Peter Geijerman, Zenon Potoczny and Katre Saard and that Björn Bringes is re-appointed as Chairman of the Board
• Re-election of the auditor Mikael Köver
• Resolution that board fees be paid to Board of Directors in accordance with the proposal. Resolution that the auditor is paid in accordance with approved invoices.
• Resolution to authorize the Board of Directors to decide on an issue of shares in accordance with the proposal

The minutes will be made available on the company's website www.zhodainvestments.com.

For more information, please contact:

Robert Karlsson, CEO Zhoda Investments AB

+46 709 565 141, [email protected]

www.zhodainvestments.com

About Zhoda Investments
Zhoda Investments invests in selected unlisted European companies and develops them through active ownership and entrepreneurship. In the coastal region of Dalmatia in Croatia, Zhoda owns two wineries, Testament Winery and Black Island Winery. With indigenous organic grapes, two of the country's leading winemakers and a winemaking tradition dating back 2,000 years, the company aims to produce Croatia's best wine and become the country's leading exporter of premium wines. Zhoda also holds a 45% interest in an oil field in Ukraine, with proven and probable (2P) oil reserves of 8 million barrels net to the company. Zhoda actively seeks new investment opportunities. Learn more at www.zhodainvestments.com.

This is an English translation of the Swedish original. In case of discrepancies, the Swedish original shall prevail.