The Annual General Meeting of ZignSec (publ), 559016-5261 (the "Company") was held today, 30 June 2023. The Meeting resolved on all proposed matters in accordance with the Board's previously announced proposals. The following is a summary of the main decisions taken.

Adoption of the profit and loss account and balance sheet

The Annual General Meeting adopted the income statement and balance sheet as included in the annual report and consolidated financial statements for the financial year 2022.

Appropriations relating to the result

The Annual General Meeting decided that the result for the financial year 2022 shall be carried forward.

Discharge from liability

The Annual General Meeting resolved to discharge each of the members of the Board of Directors and the CEO from liability in respect of the management of the financial year 2022.

Board of Directors and auditor

The Annual General Meeting resolved, in accordance with the proposals submitted, that a total Board fee of SEK 500,000 shall be paid, of which SEK 200,000 to the Chairman of the Board and SEK 100,000 each to other Board members appointed by the Annual General Meeting. In order to enable the Board, during the period until the next Annual General Meeting, to assign individual members to work specifically on the development of the Company's corporate governance functions, for example in the form of committees, in areas such as leadership, finance, regulatory compliance and IT issues, etc., it was resolved that an additional fee totalling SEK 300,000 may be paid for the period until the next Annual General Meeting, distributed among a maximum of three members, to the extent that the Board decides on said assignment. It was resolved, where applicable, that remuneration of SEK 60,000 be paid to each member of the audit committee. It was resolved that the auditor's fee shall be paid according to current and approved invoices.

It was resolved that the Board shall consist of four members and to re-elect Pär Kastengren, Alex Noton and Marie-Louise Gefwert as ordinary members of the Board and to elect Abdalla Kablan as a new ordinary member of the Board. It was decided to elect Marie-Louise Gefwart as Chairman of the Board.

It was further resolved to appoint, until the end of the next Annual General Meeting, the registered accounting firm Ernst & Young Aktiebolag as the Company's auditor with the authorised public accountant Charlotte Catrine Holmstrand as auditor in charge until otherwise notified.

Authorisation for the Board of Directors to decide on the issue of shares, warrants and/or convertibles

The Annual General Meeting decided to authorise the Board of Directors to resolve, on one or more occasions during the period until the next Annual General Meeting, to issue new shares, convertibles and/or warrants without derogation from the shareholders' preferential rights. The total number of shares covered by issues in derogation of the shareholders' preferential rights may, after such issues, represent a total dilution of no more than twenty (20) percent of the shares of the Company at the first time the authorisation is used.

For more information, please contact

Glenn Mac Donald, CEO
Tel: +31 647 19 26 22
glenn.macdonald@zignsec.com

About ZignSec
ZignSec is a technology group in the fast-growing RegTech industry. The company provides SaaS platform with digital real-time solutions for customer due diligence and ID verification with global reach. The solutions are used by companies that in turn can optimize their processes for "onboarding" both corporate customers and consumers and at the same time ensure compliance with ever-changing local and global regulatory requirements for Know Your Customer (KYC) and Anti Money Laundering (AML).

Nasdaq First North Ticker Symbol: ZIGN

Certified Adviser: Eminova Fondkommission AB, Tel: +46 8 684 211 00

Attachments

Bulletin from the 2023 Annual General Meeting of ZignSec