The shareholders of Tethys Oil AB (publ), reg. no. 556615-8266 (the “Company” or “Tethys Oil”), are hereby given notice of the Extraordinary General Meeting on 12 September 2025 at 10:00 CEST at the offices of Snellman Attorneys at Kungsträdgårdsgatan 20, SE-111 47 Stockholm, Sweden.
Notification
To be entitled to participate at the General Meeting, shareholders must:
- be registered as shareholder in the share register kept by Euroclear Sweden AB (“Euroclear”) on 4 September 2025 and, if the shares are registered in the name of a nominee, request from the nominee that the shares are registered for voting purposes in such time that the registration is completed not later than on 8 September 2025; and
- give notice of participation in accordance with the instructions set out under the heading “Attendance in person or by proxy” below not later than on 8 September 2025.
Nominee registered shares
To be entitled to participate at the General Meeting, shareholders with nominee-registered holdings must temporarily re-register their shares in their own names in the register of shareholders maintained by Euroclear through their nominees. As set out above, the nominee must have performed such registration with Euroclear not later than on 8 September 2025.
Attendance in person or by proxy
Shareholders who wish to attend the Extraordinary General Meeting in person or by proxy shall give notice to the Company of this not later than on 8 September 2025 either by e-mail to [email protected], or by post to Tethys Oil AB (publ), “Extraordinary General Meeting”, Hovslagargatan 5b, SE-111 48 Stockholm, Sweden. The notification shall state the shareholder’s name or company name, personal identification number or corporate identification number, address and phone number. Where applicable, the number of accompanying assistants (not more than two) should also be indicated.
Shareholders who do not wish to participate in person may exercise their voting rights at the Extraordinary General Meeting through a proxy with a written, signed and dated power of attorney. If the power of attorney is issued by a legal entity, a copy of the certificate of registration or an equivalent authorisation document for the legal entity must be enclosed.
In order to facilitate the registration at the Extraordinary General Meeting, powers of attorney, certificates of registration and other authorisation documents should be received by the Company via email to [email protected] or at the address Tethys Oil AB (publ), “Extraordinary General Meeting”, Hovslagargatan 5b, SE-111 48 Stockholm, Sweden, not later than on 8 September 2025. No later than upon registration at the Extraordinary General Meeting, the power of attorney must be presented in original or signed with a so-called advanced electronic signature in accordance with the eIDAS regulation. Please note that notice of attendance at the Extraordinary General Meeting must be given even if a shareholder wishes to exercise its voting rights at the Extraordinary General Meeting through a proxy. A submitted power of attorney is not considered as a notice of attendance at the Extraordinary General Meeting. A template proxy form is available on request and on the Company’s website (www.tethysoil.com). Please note that it will not be possible to exercise your voting rights at the Extraordinary General Meeting by postal vote.
Proposed agenda
- Opening of the Meeting.
- Election of Chairman of the Meeting.
- Election of at least one person to verify the minutes.
- Preparation and approval of the voting list.
- Approval of the agenda.
- Determination as to whether the Meeting has been duly convened.
- Resolution on the dismissal of a board member and election of a board member.
- Closing of the Meeting.
Proposals for resolutions
Election of Chairman of the Meeting (item 2)
The Company’s majority shareholder Roc Oil Company Pty Limited (“Roc Oil”) proposes that attorney Mattias Friberg at Snellman Attorneys, or, in his absence, the person designated by the Board of Directors, is appointed chairman of the Meeting.
Resolution on the dismissal of a board member and election of a board member (item 7)
Roc Oil proposes that the General Meeting resolve to (i) dismiss Tao Meng as a member of the Board of Directors and (ii) elect Cheng Chen as a new member of the Board of Directors for the period until the end of the next Annual General Meeting.
Information at the Meeting
The Board of Directors and the Managing Director shall, if requested by any shareholder and if the Board of Directors deems that it can be done without significant harm to the Company, provide information in respect of any circumstances which may affect the assessment of an item on the agenda, of conditions which may affect the assessment of the Company’s or a subsidiary’s financial situation, and of the Company’s relationship with any other group company.
Processing of personal data
For information on how personal data is processed in connection with the General Meeting, see the privacy notice available on Euroclear’s website (www.euroclear.com/dam/ESw/Legal/Privacynotice-bolagsstammor-engelska.pdf).
Shares and votes
As of the date of this notice, the total number of shares and votes in the Company is 33,458,828. The Company holds 1,189,901 own shares in treasury as of the date of this notice.