Notice to Annual General Meeting in Neobo Fastigheter AB (publ)

The shareholders of Neobo Fastigheter AB (publ), reg.no 556580-2526, ("Neobo") are hereby given notice to the Annual General Meeting to be held on Wednesday 22 April 2026 at 14:00 (CEST) at Sergelkonferensen, M¤ster Samuelsgatan 42, SE-111 57 Stockholm, Sweden. Registration to the Annual General Meeting starts at 13:30 (CEST). The shareholders may also exercise their voting rights at the Annual General Meeting by postal voting in accordance with the provisions of Neobo's Articles of Association.

Right to participate and notice

Shareholders wishing to participate in the Annual General Meeting

shall be entered as shareholder in the share register kept by Euroclear Sweden AB concerning the circumstances on Tuesday 14 April 2026, and

shall give notice of attendance no later than Thursday 16 April 2026. Notice of attendance may be given in writing to the company at the address Neobo Fastigheter AB (publ), "Neobo Annual General Meeting 2026", c/o Euroclear Sweden AB, P.O. Box 191, SE-101 23 Stockholm, Sweden, by telephone +46 (0)8 402 91 81 or on https://www.euroclear.com/sweden/generalmeetings/. When giving notice of attendance, please state your name or company name, personal identification number or company registration number, address and daytime telephone number. The registration procedure described above also applies to registration for any assistants.

Postal voting

A designated form shall be used for postal voting. The form is available on Neobo's website, www.neobo.se/en/annual-general-meeting-2026/. The postal voting form is considered as a notification of attendance at the Annual General Meeting.

The completed voting form must be received by Euroclear Sweden AB, no later than Thursday 16 April 2026. The completed form shall be sent to Neobo Fastigheter AB (publ), "Neobo Annual General Meeting 2026", c/o Euroclear Sweden AB, P.O. Box 191, SE-101 23 Stockholm, Sweden. The completed form may alternatively be submitted electronically either through BankID signing as per instructions available on https://www.euroclear.com/sweden/generalmeetings/ or through sending the completed voting form by e-mail to [email protected] (with reference "Neobo Annual General Meeting 2026"). If a shareholder votes in advance by proxy, a power of attorney shall be enclosed with the form. The proxy form is available at www.neobo.se/en/annual-general-meeting-2026/. If the shareholder is a legal entity, a certificate of incorporation or a corresponding authorisation document shall be enclosed with the form. The shareholder may not provide special instructions or conditions in the voting form. If so, the vote (i.e. the postal vote in its entirety) is invalid. Further instructions and conditions are included in the form for postal voting. Such postal voting does not require any further notice of attendance.

Nominee-registered shares

To be entitled to attend the Annual General Meeting, shareholders whose shares are nominee-registered must, in addition to giving notice of attendance, register such shares in their own names so that the shareholder is recorded in the share register as of the record date on Tuesday 14 April 2026. Such registration may be temporary (so called voting right registration) and request for such registration shall be made to the nominee in accordance with the nominee's routines in such time in advance as decided by the nominee. Voting rights registrations effected by the nominee no later than Thursday 16 April 2026 will be considered in the preparation of the share register.

Proxy etc.

Shareholders who wish to attend the meeting venue in person or through a proxy representative are entitled to bring one or two assistants. Shareholders who wish to bring assistants shall state this in connection with the notice of attendance. Shareholders represented by a proxy shall issue a signed and dated power of attorney for the proxy. If the power of attorney is issued by a legal entity, a copy of a certificate of incorporation, or if such document does not exist, a corresponding authorisation document shall be enclosed. In order to facilitate the registration at the Annual General Meeting, the power of attorney and certificate of incorporation and other documents of authority should be provided to the company at the address stated above no later than Thursday 16 April 2026. A proxy form is available on the company's website, www.neobo.se/en/annual-general-meeting-2026/.

Proposed agenda

Proposed resolutions

Election of Chair of the Annual General Meeting (item 2)

The Nomination Committee proposes that Tone Myhre-Jensen, lawyer at Cederquist law firm, is elected to be the Chair of the Annual General Meeting.

Resolution regarding allocation of the company's profit or loss pursuant to the adopted balance sheet (item 8b)

The board of directors proposes that no dividends shall be distributed for the financial year 2025 and that the company's results are carried forward.

Presentation of the remuneration report for approval (item 9)

The board of directors proposes that the Annual General Meeting approves the board of directors' remuneration report for the financial year 2025.

Determination of the number of board members and the number of auditors (item 10)

The Nomination Committee proposes that the number of board members shall be six. Furthermore, the Nomination Committee proposes that a registered accounting firm shall be appointed as auditor.

Determination of the fees to the board of directors and auditors (item 11)

The Nomination Committee proposes that the fees to the board of directors shall amount to not more than SEK 2,200,000 (1,815,000) for the period until the end of the next Annual General Meeting, to be allocated with SEK 600,000 (575,000) to the chairman of the board of directors and SEK 320,000 (310,000) to each of the other board members.

The Nomination Committee proposes that the fees to the auditor shall be paid in accordance with approved invoices.

Election of the board members, chairman of the board of directors and auditors (item 12)

The Nomination Committee proposes re-election of Jan-Erik H¶jvall, Mona Finnstr¶m, Anneli Lindblom, Ulf Nilsson and Jakob Pettersson as board members and new election of Bj¶rn Danckwardt-Lilliestr¶m as board member for the period until the end of the next Annual General Meeting. Furthermore, Jan-Erik H¶jvall is proposed to be re-elected as chairman of the board of directors.

Information about the proposed board members and the Nomination Committee's motivated statement is available on the company's website www.neobo.se/en/annual-general-meeting-2026/.

In accordance with the recommendation of the board of directors, the Nomination Committee proposes that Ernst & Young Aktiebolag is re-elected as auditor for the company for the period until the end of the next Annual General Meeting. Should the Nomination Committee's proposal for auditor be adopted, Ernst & Young Aktiebolag has informed that the authorised public accountant Gabriel Novella will continue as auditor in charge.

Resolution on a long-term incentive program including issue and subsequent transfer of warrants (item 13)

The board of directors proposes that the Annual General Meeting resolves to implement a long-term incentive program through issue and subsequent transfer of warrants to the CEO and other key persons (including members of the management, an additional head of real estate, and one employed regional manager). The board of directors deems that the program will be favourable to Neobo's shareholders as it will contribute to Neobo and its subsidiaries being able to keep and recruit competent and committed employees and is expected to increase commitment among the program's participants by giving them the opportunity to become long-term owners and take part in and work towards positive value growth in Neobo's share, which in turn is expected to further align the participants' incentives with the interests of the shareholders.

1. ISSUE OF WARRANTSThe board of directors proposes that the Annual General Meeting resolves on a directed issue of not more than 400,000 warrants of series 2026/2029:1, resulting in an increase in share capital by a maximum of SEK 2,068,841.062339 if fully utilised. The resolution shall otherwise be governed by the following terms and conditions.1.1 The right to subscribe for the warrants shall, with deviation from the shareholders' preferential rights, be vested in Neobo, with right and obligation to transfer the warrants to employees of Neobo pursuant to Section 2. Over-subscription is not possible. The warrants shall be issued to Neobo free of charge.

1.2 The reason for the deviation from the shareholders' preferential rights is to introduce an incentive program through which the participants shall be able to become long-term owners and participate in and work for a positive value growth in Neobo's share during the period covered by the proposed incentive program, and ensure that Neobo and its subsidiaries can keep and recruit competent and committed employees.

1.3 Subscription for the warrants shall be completed no later than 29 April 2026. The board of directors shall be entitled to extend the subscription period.

1.4 Each warrant entitles a right to subscribe for one (1) new share in the company. Pursuant to Section 1.7 below, net strike shall apply when exercising the warrants, which means that the number of shares that each warrant entitles the right to subscribe for shall be recalculated.

1.5 Subscription for shares in accordance with the terms and conditions of the warrants may be exercised during a two-week period commencing the day after the publication of the company's interim report for the period 1 January - 31 March 2029, but no earlier than 3 April 2029 and no later than 7 June 2029. If a warrant holder is unable to subscribe for shares during this period because of applicable insider regulation, the company shall have the right to permit that such warrant holder may subscribe for shares as soon as the holder is no longer prevented from doing so, but no later than 30 calendar days after such impediment has ended.

1.6 The subscription price per share shall correspond to 120 percent of the volume-weighted average price of the company's share according to Nasdaq Stockholm's official price list during the period from and including 23 April 2026 up until and including 7 May 2026. If the Company has inside information during any part of the period from and including 23 April 2026 up until and including 7 May 2026, the board of directors shall have the right to postpone the measurement period of the volume-weighted average price. If the subscription price exceeds the quotient value of the shares, any excess amount shall be transferred to the unrestricted premium reserve.

1.7 Upon exercising the warrants, net strike shall apply, meaning that the number of shares that each warrant entitles to subscription for shall be recalculated in accordance with the following formula, and that the subscription price to be paid per share by the participant when exercising the warrant shall correspond to the quotient value of the share.

1.8 Shares subscribed for with the support of the warrants shall entitle to dividend for the first time on the first record date for dividends which occurs after the subscription for shares has been executed as a result of exercising the warrants.

1.9 The new shares which may be issued due to subscription are not subject to any restrictive provisions.

1.10 Warrants held by Neobo that have not been transferred in accordance with Section 2 below or repurchased from participants may be cancelled by the company following a resolution by Neobo's board of directors. Cancellation shall be registered with the Swedish Companies Registration Office.

1.11 The complete terms and conditions for the warrants are available on the company's website www.neobo.se/en/annual-general-meeting-2026/.

2. APPROVAL OF TRANSFER OF WARRANTSThe board of directors proposes that the Annual General Meeting approves that the company transfers warrants on the following conditions.

2.1 Participants and allocation

2.1.1 The incentive program is proposed to be directed to a total of seven participants, including the CEO and the other five members of the management team, including one additional head of real estate, ("Category 1"), as well as one employed regional manager ("Category 2"). Neobo shall offer each participant in Category 1 to acquire a maximum of 60,000 warrants and the participant in Category 2 to acquire a maximum of 40,000 warrants.

2.1.2 If participants refrain from acquiring all or part of the warrants offered, such unacquired warrants shall be distributed pro rata among other participants who have expressed an interest in acquiring additional warrants based on the number of warrants initially acquired by these participants, and if this is not possible, by drawing of lots. However, such allocation may not result in more than 100,000 warrants being acquired by each of the participants.

2.1.3 The board of directors of the company shall resolve on the final allotment.

2.1.4 The right to acquire warrants from Neobo shall only be granted to persons who have not terminated their employment or whose employment has not been terminated at the end of the application period.

2.1.5 Allotment is conditional upon it being legally possible to acquire the warrants, and that such transfers can be done using reasonable administrative and financial resources according to the assessment of the board of directors.

2.2 Price and payment etc.

2.2.1 The warrants shall be transferred on market terms at a price (premium) corresponding to a calculated market value of the warrants prepared by an independent valuation institute using a generally recognised valuation model. A new market value shall be established in an equivalent way for acquisitions made by new employees after the expiration of the initial application period.

2.2.2 The value of the warrants has been preliminarily calculated to be SEK 4.05 per warrant based on a share price of SEK 19.58, which corresponded to the closing price of Neobo's share on 12 March 2026. The preliminary valuation has been performed by an independent valuation institute (PwC).

2.2.3 The company will by means of a cash bonus subsidise the participation in the incentive program, corresponding to 100 percent of each participant's total acquisition cost (the warrant premium). No compensation will be paid for the participant's tax expense, which in practice means that the company will provide a cost coverage contribution through the cash bonus that, after tax, corresponds to approximately 50 percent of the participant's acquisition cost. The bonus will be paid out in connection with acquisition of the warrants. No subsidy will be paid for any additional warrants acquired in accordance with Section 2.1.2 above.

2.2.4 The total cost for the subsidy, based on assumptions of the value of the warrants as set out above, is calculated to amount to a maximum of approximately SEK 2.1 million including social security contributions.

2.2.5 The warrants shall otherwise be subject to market terms and conditions.

2.3 Right of first refusal and termination of employment

2.3.1 In connection with the transfer of warrants, the company and the participant shall sign an agreement containing a right of first refusal clause in favour of the company. The right of first refusal clause means that if the participant wishes to transfer or otherwise dispose of the warrants to a third party, the participant must first offer the company, or the company's designee, the opportunity to repurchase the warrants. The warrants shall also be subject to a right for the company, or its designee, to repurchase the warrants if a participant's employment with Neobo ceases during the term of the warrant.

2.3.2 If a participant's employment with Neobo ends during the term of the warrants, the Company has the right to demand repayment of an amount corresponding to 50 percent of the subsidy referred to in Section 2.2.3 above. The same applies if the participant has sold warrants acquired under the program during the term of the program, however, such repayment obligation shall be proportionate to the number of warrants sold.

3. FURTHER INFORMATION ON THE WARRANT PROGRAM

3.1 Dilution and increase in share capital

3.1.1 Each warrant entitles to subscription of the number of shares specified in Section 1.7 above but never more than one (1) share per warrant. Upon subscription with the support of all 400,000 warrants, a maximum of 400,000 new shares may thereby be issued, which corresponds to a maximum dilution of approximately 0.27 percent of the total number of shares and votes in the company based on the total number of outstanding shares in the company on the date of the notice, subject to any customary recalculation in accordance with the terms and conditions of the warrants. According to Section 1.7 above, net strike shall be applied when exercising the warrants, which means that each warrant, as a starting point, entitles the holder to a lower number of shares and that the expected dilution caused by the program is thus lower than the maximum dilution set forth above.

3.1.2 Assuming that the subscription price for the shares that the warrants entitle to subscription of is set at SEK 23.50, recalculation according to the net strike formula according to Section 1.7 above upon exercise of all 400,000 warrants entails that the total dilution would be as follows at the share prices in Neobo's share stated in the left-hand column below, on the trading day when the company publishes its interim report for 1 January â€" 31 March 2029:

N.B. Illustrative calculation example based on an assumed subscription price of SEK 23.50

3.2 Impact on financial ratios and costs for the company etc.The proposed incentive program is expected to have a marginal impact on the company's financial ratios. The company's costs before taxes for the incentive program, including the subsidisation, consist of costs relating to social security contributions. The total cost of the incentive program, assuming full participation, is expected to amount to approximately SEK 2.1 million.

3.3 Preparation of the proposalThe proposed incentive program has been prepared by the board of directors in consultation with external advisors and after consultation with major shareholders. Except for the employees who prepared the matter pursuant to instructions from the board of directors, no employee that may be included in the program has taken part in the design of the terms and conditions.

3.4 Other share related incentive programsNeobo has one outstanding warrant program for employees which was established in 2023 and that expires in May 2026. Aside from this, there are no outstanding share related incentive programs in Neobo.

3.5 Instruction to the board of directorsThe board of directors proposes that the Annual General Meeting instructs the company's board of directors to execute the resolution in accordance with Section 1 and to carry out transfers of warrants in accordance with Section 2.

Resolution regarding (a) amendment of the Articles of Association and (b) reduction of the share capital by redemption of shares (item 14)

The board of directors proposes that the Annual General Meeting resolves to amend the Articles of Association and to reduce the share capital by redemption of shares in accordance with items a) and b) below. The resolutions are conditional upon each other.

a) Resolution on amendment of the Articles of Association

The board of directors proposes that the Annual General Meeting resolves to amend Articles 4 and 5 in the Articles of Association in accordance with the below:

b) Resolution on reduction of the share capital by redemption of shares

The board of directors proposes that the company's share capital is to be reduced by no more than SEK 26,640,141, by redemption of shares that Neobo holds in treasury at the time of the Annual General Meeting, consisting of shares repurchased under the share repurchase programs of a maximum of SEK 50 million each, which were announced on 22 October 2025 and 17 February 2026, respectively. The purpose of the reduction is allocation to unrestricted equity.

The resolution on reduction may not be effectuated until registration with the Swedish Companies Registration Office has been completed and the permission of the Swedish Companies Registration Office has been obtained.

Resolution regarding authorisation for the board of directors to resolve on new share issue(item 15)

The board of directors proposes that the Annual General Meeting authorises the board of directors to, on one or several occasions during the period until the next Annual General Meeting, with or without deviation from the shareholders' preferential rights, resolve on new issue of shares. Payment shall be made in cash, in kind or by way of set-off. The board of directors believes, taking into account prevailing market conditions, that it is important for the company to be able to act swiftly and to be flexible if acquisition opportunities arise.

If payment is made in kind or by way of set-off, and the issue is for the purpose of acquiring properties or property-owning companies, the number of shares issued with the support of the authorisation may not exceed twenty (20) percent of the number of shares in Neobo at the time of the Annual General Meeting 2026.

If payment is made in cash, or if the issue is carried out for a purpose other than what is mentioned above, the number of shares issued with the support of the authorisation may not exceed twenty (20) percent or, if the issue is carried out with a deviation from the shareholders' preferential rights, ten (10) percent of the number of shares in Neobo at the time of the Annual General Meeting 2026. In total, issues made pursuant to the authorisation may not exceed twenty (20) percent of the number of shares in Neobo at the time of the Annual General Meeting 2026. The purpose of the authorisation and the reasons for any deviation from the shareholders' preferential rights are that issues may take place to enable the raising of working capital to be able to carry out and finance the acquisition of properties or property-owning companies, or to finance investments in new or existing properties, or otherwise to be able to adapt the company's capital needs and thereby be able to contribute to increased shareholder value. The issue price must be determined taking into account prevailing market conditions.

Resolution regarding authorisation for the board of directors to resolve on repurchase and transfer of own shares (item 16)

The board of directors proposes that the Annual General Meeting authorises the board of directors to resolve on repurchases of own shares on the main terms and conditions set out below.

Furthermore, the board of directors proposes that the Annual General Meeting authorises the board of directors to resolve on transfers of own shares, with or without deviation from the shareholders' preferential rights, on the main terms and conditions set out below.

The purpose of the authorisations to repurchase and transfer own shares, and the reason for the deviation from the shareholders' preferential rights (in relation to transfers of own shares), is to enable an improvement of Neobo's capital structure and to give the board of directors increased flexibility in connection with acquisitions of properties by facilitating a quick and cost-efficient financing through the transfer of own shares.

Special majority requirements

A resolution in accordance with item 13 (issue and subsequent transfer of warrants) is valid only where supported by shareholders representing at least nine tenths of both the votes cast and the shares represented at the Annual General Meeting.

Resolutions in accordance with items 14 (amendment to the Articles of Association and reduction of the share capital by redemption of shares), 15 (issue authorisation) and 16 (authorisation for the board of directors to resolve on repurchase and transfer of own shares) are valid only where supported by shareholders representing at least two thirds of both the votes cast and the shares represented at the Annual General Meeting.

Authorisation

The CEO, or anyone appointed by the CEO, shall be authorised to make the minor adjustments in the meeting's resolutions that may be required in connection with registration at the Swedish Companies Registration Office and Euroclear Sweden AB.

Documents

Information on the proposed board members and the Nomination Committee's motivated statement is available on the company's website www.neobo.se/en/annual-general-meeting-2026/.

The annual report, the auditor's statement, the board of directors' remuneration report, the auditor's statement pursuant to Chapter 8, Section 54 of the Swedish Companies Act, the board of directors' reasoned statement pursuant to Chapter 19, Section 22 of the Swedish Companies Act, the full terms and conditions of the warrants and the proposed wording of the Articles of Association will be held available at the company's office and on the company's website, www.neobo.se/en/annual-general-meeting-2026/, from 1 April 2026 at the latest. Copies of the documents will be sent to those shareholders who so request and state their postal or email address. The documents can be ordered by e-mail to [email protected], by telephone to +46 (0)8-402 91 81 or by post to Neobo Fastigheter AB (publ), "Neobo Annual General Meeting 2026", c/o Euroclear Sweden AB, P.O. Box 191, SE-101 23 Stockholm, Sweden. The documents will also be available at the Annual General Meeting.

Shares and votes

As of the date of this notice, the total number of shares in the company is 145,400,737, corresponding to a total number of 145,400,737 votes. On the same date, the company holds 5,150,737 own shares in treasury.

Shareholders' right to request information

Shareholders have a right to, at the Annual General Meeting, if the board of directors believes that it can be done without material harm to the company, request information from the board of directors and the CEO regarding circumstances that may affect the assessment of an item on the agenda, circumstances that may affect the assessment of the company's or its subsidiaries' financial situation, the company's relationship to another group company and the consolidated financial statements.

Processing of personal data

For information regarding the processing of your personal data, please refer to: https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.

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Stockholm in March 2026

Neobo Fastigheter AB (publ)

Board of Directors

This English version is a translation of the Swedish original. In the event of any discrepancies between this translation and the Swedish original, the Swedish original shall prevail.

For more information, please contact:Malin Axland, General Counsel and Head of Sustainabilitymobile: +46 (0) 706 90 65 99 e-mail: [email protected]

About UsNeobo is a real estate company that manages and refines residential properties over the long term in municipalities with strong demand for rental apartments. Our vision is to create attractive and sustainable living environments where people can thrive and feel secure. Neobo’s shares are listed on Nasdaq Stockholm under the ticker symbol NEOBO and ISIN code SE0005034550.

AttachmentsNotice to Annual General Meeting in Neobo Fastigheter AB (publ)