On 4 December 2025, Arctic Minerals AB (publ) (the "Company") held an Extraordinary General Meeting ("EGM") at the Legal Firm Schjødt (Hamngatan 27, Stockholm).
Following is a summary of the resolutions passed:
The focus of the EGM was to determine the number of Board Members, Deputy Board Members and election of a new Board Member.
In accordance with a proposal by shareholders representing more than ten per cent of the shares in the Company, the EGM resolved the following:
- For the period until the end of the next annual general meeting, the Board of Directors shall consist of four members with no deputies
- To elect Joakim Lidfeldt as a new board member replacing Krister Söderholm
- Joakim Lidfeldt shall receive Board remuneration in accordance with the remuneration levels resolved by the Annual General Meeting ("AGM") 2025, proportionate to the length of his term of office.
Following the EGM, the board of directors consists of Robert Behets (chairman), Peter George, Peter Walker and Joakim Lidfeldt.
Arctic Minerals' Chairman, Robert Behets, commented:
"I am very pleased that Arctic Minerals has been able to attract an international financial sector expert of Joakim Lidfeldt's calibre to join the Company's Board. Joakim's expertise in global equities and well-established networks within the Nordic and Global investment communities will be invaluable to Arctic Minerals as we continue to systematically demonstrate the full potential and value of our flagship Hennes Bay copper-silver project in Sweden, as well as advance the Company's other projects in the Nordics.
On behalf of the Company, I would also like to express our deep gratitude to Krister Söderholm for his long and dedicated service to the Arctic Minerals' Board. He has been on the Board since 2012 and vice chairman of the Board from 2019 to 2025. I would also like to thank Krister for his ongoing commitment to the Company through the Advisory Committee."
Certified Advisor
UB Corporate Finance Oy, Finland, (www.unitedbankers.fi) is the Company's Certified Advisor on Nasdaq First North Growth Market, Stockholm.
Other
The Company's shares are listed on Nasdaq First North Growth Market, Stockholm under the trade designation "ARCT".
For further information
See the Company's website at www.arcticminerals.se or contact:
Risto Pietilä,
CEO (+35) 840 029 3217
risto.pietila@arcticminerals.se
Peter George, Director
peter.george@arcticminerals.se
About Arctic Minerals
Arctic Minerals is a Nordic mineral exploration company exploring for copper, gold and battery metals in theNordics. Keep up-to-date with Arctic Minerals developments and join our online communities on X, Facebook, LinkedIn, Instagram and YouTube.
The information was submitted for publication, through the agency of the contact person set out above, at 01.15 p.m. CET on 4 December, 2025.