News Tag: Notice

Lemonsoft Oyj’s shareholders are invited to the Annual General Meeting to be held on Wednesday 9 April 2025, starting at 10 a.m. (Finnish time), at Lemonsoft Oyj’s office at the address Vaasanpuistikko 20 A, 65100 Vaasa. The reception of registered Annual General Meeting participants and the distribution of voting ballots will begin at the meeting venue at 9:30 a.m.

Shareholders may also exercise their right to vote by voting in advance. Instructions for advance voting are provided in section C of this Notice of the Annual General Meeting.

A. Matters on the agenda of the Annual General Meeting

The following matters will be considered at the Annual General Meeting:

1. Opening of the meeting

2. Calling the meeting to order

3. Election of persons to scrutinize the minutes and persons to supervise the counting of votes

4. Recording the legality of the meeting

5. Recording the attendance at the meeting and adoption of the list of votes

6. Presentation of the financial statements, the report of the Board of Directors and the auditor’s report for the year 2024

Presentation of the review by the CEO.

The Annual Report, which includes the company’s financial statements and the Report of the Board of Directors, is available from 21 March 2025 onwards on the company’s website at https://investors.lemonsoft.fi.

7. Adoption of the financial statements

8. Resolution on the use of the profit shown on the balance sheet and authorizing the Board of Directors to decide on the distribution of dividends

The Board of Directors proposes to the Annual General Meeting that a dividend of EUR 0.14 per share be paid according to the confirmed balance sheet for the accounting period ending on 31 December 2024, corresponding to a total dividend payout of approximately EUR 2.6 million. The dividend shall be paid to shareholders registered on the record date, 11 April 2025, as a shareholder in the company’s shareholders’ register maintained by Euroclear Finland Oy. The Board of Directors proposes that the dividend be paid on 23 April 2025. The Board of Directors proposes that the share of profits not paid out in dividends for the accounting period be transferred to the company’s retained earnings account.

9. Resolution on the discharge of the members of the Board of Directors and the CEO from liability

10. Resolution on the number of members on the Board of Directors and election of Board members

The Shareholders’ Nomination Board, the members of which represent the company’s three largest shareholders, or approximately 72,38 % of all the shares and votes in the company, proposes to the Annual General Meeting that the Board consist of five actual members, as before.

The Shareholders’ Nomination Board proposes that the company’s Board of Directors continue with the current composition and that the following five actual members be re-elected in the Board of Directors: Christoffer Häggblom, Kari Joki-Hollanti, Ilkka Hiidenheimo, Saila Miettinen-Lähde and Michael Richter.

11. Resolution on the remuneration of the members of the Board of Directors and its committees and the reimbursement of travel expenses

The Shareholders’ Nomination Board proposes that the Chairman of the Board will be paid a monthly remuneration of EUR 3,200 and other Board members will be paid a monthly remuneration of EUR 1,600 and travel expenses will be reimbursed in accordance with the company’s travel policy.

The Nomination Board proposes to the Annual General Meeting that the Chair of the Audit Committee will be paid a remuneration of EUR 1,100 per meeting and the members of the Audit Committee will be paid a remuneration of EUR 550 per meeting.

12. Resolution on the remuneration for the auditor

The Board of Directors proposes to the Annual General Meeting that the remuneration for the auditor be paid according to reasonable invoice submitted by the auditor.

13. Election of the auditor

The Board of Directors proposes that the auditing company KPMG Oy Ab be elected as the company’s auditor. KPMG Oy Ab has informed the company that the auditor in charge would be Authorized Public Accountant Kim Järvi.

14. Authorizing the Board of Directors to decide on the repurchase of the company’s own shares

The Board of Directors proposes that the Annual General Meeting authorize the Board of Directors to decide on the repurchase of the company’s own shares on the following terms and conditions:

– By virtue of the authorization, the Board of Directors would be authorized to decide on the repurchase of a maximum of 1,800,000 of the company’s own shares. The proposed maximum number of shares to be repurchased corresponds to approximately 9.6% of the company’s shares. The authorization includes the right to accept the company’s own shares as a pledge.

– The company’s own shares can be repurchased otherwise than in proportion to the existing shareholdings of the company’s shareholders (directed repurchase).

– The company’s own shares can be repurchased at the Nasdaq First North Growth Market Finland marketplace or outside of the marketplace.

– Own shares can be repurchased at a price formed on First North Growth Market Finland on the date of the repurchase or at a price otherwise determined by the markets.

– The shares shall be repurchased using the company’s unrestricted equity.

– The shares shall be repurchased for the purpose of financing or carrying out acquisitions or other arrangements, to implement the company’s incentive schemes, to develop the company’s capital structure, or for other purposes as decided by the Board of Directors.

– The Board of Directors shall decide on the other conditions related to the repurchase of the company’s own shares.

– The authorization is proposed to remain valid until the 2026 Annual General Meeting, but not beyond 30 June 2026. The authorization shall replace the authorization granted to the Board of Directors by the Annual General Meeting of 9 April 2024 regarding the repurchase of a maximum of 1,800,000 of the company’s own shares.

15. Authorizing the Board of Directors to decide on a share issue and the granting of option rights and other special rights entitling to shares

The Board proposes that the Annual General Meeting should authorize the Board of Directors to decide on an ordinary or bonus issue of shares and the granting of special rights (as defined in Section 1, Chapter 10 of the Limited Liability Companies Act) in one or more instalments with the following terms and conditions:

– This issue may total a maximum of 1,800,000 shares corresponding to a maximum of approximately 9,6 % of all shares of the company. The authorization applies to both new shares and treasury shares held by the company. The authorization may be used to fund or complete acquisitions or other business transactions, for offering share-based incentive schemes, to develop the company’s capital structure, or for other purposes decided by the Board of Directors.

– The authorization entitles the Board of Directors to resolve on all the conditions of the issuance of shares and the issuance of special rights entitling to shares, including the right to deviate from the shareholders’ pre-emptive subscription right.

– The authorization is proposed to remain in force until the next Annual General Meeting; however, no longer than until 30 June 2026, and it would replace the previous authorizations granted regarding a directed share issue and the issuance of special rights entitling to shares.

16. Closing of the meeting

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B. Documents of the Annual General Meeting

The aforementioned decision proposals on the agenda of the Annual General Meeting and this notice of the Annual General Meeting are available on Lemonsoft Oyj’s website at https://investors.lemonsoft.fi. The company’s financial statements, report of the Board of Directors and auditor’s report will also be available on the said website on 21 March 2025 at the latest. A copy of the annual report will be sent to shareholders by request. The decision proposals and the other aforementioned documents will also be available at the Annual General Meeting.

The minutes of the Annual General Meeting will be available on Lemonsoft Oyj’s investor website on 23 April 2025, at the latest.

C. Instructions for meeting participants

1. Shareholder registered in the list of shareholders

A shareholder who is registered in the company’s shareholder register maintained by Euroclear Finland Oy on 28 March 2025 has the right to participate in the Annual General Meeting. Shareholders whose shares are registered in their personal Finnish book-entry account are registered in the company’s shareholder register. Changes in shareholding after the record date do not affect the right to participate in the meeting or the number of voting rights held in the meeting.

Registration for the Annual General Meeting starts on 11 March 2025 at 10 a.m. A shareholder registered in the company’s shareholder register who wishes to take part in the Annual General Meeting must register by 2 April 2025 at 4 p.m. at the latest, by which time the registration must have been received by the company. Shareholders can register for the Annual General Meeting as follows:

a) Via the company’s website at https://investors.lemonsoft.fi/yhtiokokous. For electronic registration, the shareholder or their legal representative is required to use strong identification by means of Finnish, Swedish or Danish bank IDs or a mobile ID; or

b) By email or post. A shareholder registering by email or post is required to submit the registration form and advance voting form available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous, or the corresponding information, by post to Innovatics Oy at the address Innovatics Oy, Yhtiökokous/Lemonsoft Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, or by email to agm@innovatics.fi.

The requested information, including the shareholder’s name, date of birth or Business ID, contact details, the name of a possible assistant or proxy representative, and the date of birth, phone number and/or email address of the proxy representative. The personal data disclosed by shareholders to Lemonsoft Oyj will only be used in connection with the Annual General Meeting and related processing of the necessary registrations.

Shareholders or their proxy representatives must verify their identity and/or right of representation at the Annual General Meeting venue upon request.

More information on registration and advance voting is available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous and by telephone during the Annual General Meeting registration period from Innovatics Oy on +358 10 2818 909 on weekdays from 9 a.m. to 12 noon and from 1 p.m. to 4 p.m.

2. Holders of nominee-registered shares

Holders of nominee-registered shares have the right to take part in the Annual General Meeting by virtue of shares, based on which they, on the record date of the Annual General Meeting, 28 March 2025, would be entitled to be registered in the company’s shareholder register maintained by Euroclear Finland Oy. The right to participate in the Annual General Meeting also requires that the shareholder has been temporarily entered in the shareholders’ register maintained by Euroclear Finland Oy no later than on 4 April 2025 at 10 a.m. on the basis of such shares. With regard to nominee-registered shares, this constitutes registration for the Annual General Meeting. Changes in shareholding after the record date do not affect the right to participate in the meeting or the number of voting rights held in the meeting.

Holders of nominee-registered shares are advised to request without delay the necessary instructions regarding temporary registration in the shareholders’ register, the issuing of proxy documents and voting instructions, registration for the Annual General Meeting and advance voting from their custodian bank. The account manager of the custodian bank is required to temporarily register a holder of nominee-registered shares who wishes to participate in the Annual General Meeting in the company’s shareholders’ register no later than the time stated above and, if necessary, take care of advance voting on behalf of the nominee-registered shareholder before the end of the registration period for nominee-registered shareholders on 4 April 2025. More information on this is also available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous.

3. Proxy representative and powers of attorney

A shareholder may participate in the Annual General Meeting and exercise their rights at the Annual General Meeting by way of proxy representation. If they wish to do so, a shareholder’s proxy can also vote in advance in the manner described in this notice. The proxy representative must verify their identity for the electronic registration service and advance voting personally using strong identification, after which they will be able to register and vote in advance on behalf of the shareholder they represent. The proxy representative of a shareholder must present a dated power of attorney or provide other reliable proof that they are entitled to represent the shareholder at the Annual General Meeting. The right of representation can be demonstrated by means of the suomi.fi authorization service available via the electronic registration service.

The power of attorney template and voting instructions are available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous. If a shareholder takes part in the Annual General Meeting through several proxy representatives representing the shareholder based on shares in different book-entry accounts, the shares based on which each proxy representative represents the shareholder must be reported in conjunction with registration.

Any powers of attorney are to be primarily sent as an attachment in conjunction with electronic registration or alternatively by post to the address Innovatics Oy, Yhtiökokous/Lemonsoft Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, or by email to agm@innovatics.fi before the end of the registration period. In addition to submitting powers of attorney, the shareholder or their proxy representative must ensure that they register for the Annual General Meeting in the manner described above in this notice.

4. Advance voting

Shareholders whose shareholdings in the company are entered in their personal Finnish book-entry account may vote in advance on the Annual General Meeting’s agenda items 7–15 between 10 a.m. on 11 March 2025 and 4 p.m. on 2 April 2025 in the following ways:

a) via the company’s website at https://investors.lemonsoft.fi/yhtiokokous. Signing in to the service must follow the same procedure as described above in section C.1 of this notice.

b) By post or email by sending an advance voting form available on the company’s website or by sending the corresponding information to Innovatics Oy by post to the address Innovatics Oy, Yhtiökokous/Lemonsoft Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, or by email to agm@innovatics.fi.

Advance votes must be received by the end of the advance voting period. In addition to advance voting, shareholders must ensure that they register for the Annual General Meeting before the end of the registration period.

Shareholders who have voted in advance cannot use their right, pursuant to the Finnish Limited Liability Companies Act, to request more detailed information or their right to demand a vote at the Annual General Meeting, unless they participate in the Annual General Meeting at the meeting venue themselves or by proxy.

In the case of a nominee-registered shareholder, advance voting takes place through an account manager. The account manager may vote in advance on behalf of nominee-registered shareholders whom the account manager represents in accordance with the voting instructions given by the nominee-registered shareholders during the registration period set for nominee-registered shares.

The decision proposal subject to advance voting shall be deemed to have been submitted to the Annual General Meeting unchanged. The terms and conditions concerning electronic advance voting and other related instructions are available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous.

5. Other instructions/information

The Annual General Meeting will be conducted in Finnish.

Shareholders present at the Annual General Meeting have the right, pursuant to Chapter 5, Section 25 of the Finnish Limited Liability Companies Act, to request information concerning the matters on the agenda of the meeting.

Changes in shareholding after the record date do not affect the right to participate in the meeting or the number of voting rights held in the meeting.

On the day of the notice of the meeting, 10 March 2025, Lemonsoft Oyj had a total of 18,671,632 shares, of which 18,569,982 are outstanding shares, representing an equal amount of votes. In addition, the company holds 101,650 of its own shares.

Vaasa, 10 March 2025

LEMONSOFT OYJ

BOARD OF DIRECTORS

Lemonsoft Oyj’s shareholders are invited to the Annual General Meeting to be held on Tuesday 9 April 2024, starting at 10 a.m., at Lemonsoft Oyj’s office at the address Vaasanpuistikko 20 A, 65100 Vaasa. The reception of registered Annual General Meeting participants and the distribution of voting ballots will begin at the meeting venue at 9:30 a.m.

Shareholders may also exercise their right to vote by voting in advance. Instructions for advance voting are provided in section C of this Notice of the Annual General Meeting.

A. Matters on the agenda of the Annual General Meeting

The following matters will be considered at the Annual General Meeting:

1. Opening of the meeting

2. Calling the meeting to order

3. Election of persons to scrutinize the minutes and persons to supervise the counting of votes

4. Recording the legality of the meeting

5. Recording the attendance at the meeting and adoption of the list of votes

6. Presentation of the financial statements, the report of the Board of Directors and the auditor’s report for the year 2023

Presentation of the review by the CEO.

The company’s financial statements, the report of the Board of Directors and the auditors’ report are available from 19 March 2024 onwards on the company’s website at https://investors.lemonsoft.fi.

7. Adoption of the financial statements

8. Resolution on the use of the profit shown on the balance sheet and authorizing the Board of Directors to decide on the distribution of dividends

The Board of Directors proposes to the Annual General Meeting that a dividend of EUR 0.14 per share be paid according to the confirmed balance sheet for the accounting period ending on 31 December 2023, corresponding to a total dividend payout of approximately EUR 2.6 million. The dividend shall be paid to shareholders registered on the record date, 11 April 2024, as a shareholder in the company’s shareholders’ register maintained by Euroclear Finland Oy. The Board of Directors proposes that the dividend be paid on 22 April 2024. The Board of Directors proposes that the share of profits not paid out in dividends for the accounting period be transferred to the company’s retained earnings account.

9. Resolution on the discharge of the members of the Board of Directors and the CEO from liability

10. Resolution on the number of members on the Board of Directors and election of Board members

The Shareholders’ Nomination Board, the members of which represent the company’s three largest shareholders, or approximately 72,84 % of all the shares and votes in the company, proposes to the Annual General Meeting that the Board consist of five actual members, as before.

The Shareholders’ Nomination Board proposes that the company’s Board of Directors continue with the current composition and that the following five actual members be re-elected in the Board of Directors: Christoffer Häggblom, Kari Joki-Hollanti, Ilkka Hiidenheimo, Saila Miettinen-Lähde and Michael Richter.

11. Resolution on the remuneration of the members of the Board of Directors and its committees and the reimbursement of travel expenses

The Shareholders’ Nomination Board proposes that, as in the previous year, the remuneration of the Chairman of the Board of Directors is a monthly fee of EUR 3,100, the other actual members of the Board a monthly fee of EUR 1,550 and that travel expenses be reimbursed in accordance with the company’s travel policy.

The Shareholders’ Nomination Board proposes that the remuneration of the Audit Committee remain unchanged, with the Chairman of the Audit Committee paid a fee of EUR 1,000 per meeting and the members of the Audit Committee paid a fee of EUR 500 per meeting.

12. Resolution on the remuneration for the auditor

The Board of Directors proposes to the Annual General Meeting that the remuneration for the auditor be paid according to reasonable invoice submitted by the auditor.

13. Election of the auditor

The Board of Directors proposes that the auditing company KPMG Oy Ab be elected as the company’s auditor. KPMG Oy Ab has informed the company that the auditor in charge would be Authorized Public Accountant Kim Järvi.

14. Authorizing the Board of Directors to decide on the repurchase of the company’s own shares

The Board of Directors proposes that the Annual General Meeting authorize the Board of Directors to decide on the repurchase of the company’s own shares on the following terms and conditions:

– By virtue of the authorization, the Board of Directors would be authorized to decide on the repurchase of a maximum of 1,800,000 of the company’s own shares. The proposed maximum number of shares to be repurchased corresponds to approximately 9.7% of the company’s shares. The authorization includes the right to accept the company’s own shares as a pledge.

– The company’s own shares can be repurchased otherwise than in proportion to the existing shareholdings of the company’s shareholders (directed repurchase).

– The company’s own shares can be repurchased at the Nasdaq First North Growth Market Finland marketplace or outside of the marketplace.

– Own shares can be repurchased at a price formed on First North Growth Market Finland on the date of the repurchase or at a price otherwise determined by the markets.

– The shares shall be repurchased using the company’s unrestricted equity.

– The shares shall be repurchased for the purpose of financing or carrying out acquisitions or other arrangements, to implement the company’s incentive schemes, to develop the company’s capital structure, or for other purposes as decided by the Board of Directors.

– The Board of Directors shall decide on the other conditions related to the repurchase of the company’s own shares.

– The authorization is proposed to remain valid until the 2025 Annual General Meeting, but not beyond 30 June 2025. The authorization shall replace the authorization granted to the Board of Directors by the Annual General Meeting of 4 April 2023 regarding the repurchase of a maximum of 1,800,000 of the company’s own shares.

15. Authorizing the Board of Directors to decide on a share issue and the granting of option rights and other special rights entitling to shares

The Board proposes that the Annual General Meeting should authorize the Board of Directors to decide on an ordinary or bonus issue of shares and the granting of special rights (as defined in Section 1, Chapter 10 of the Limited Liability Companies Act) in one or more instalments with the following terms and conditions:

– This issue may total a maximum of 2,000,000 shares corresponding to a maximum of approximately 10,8 % of all shares of the company. The authorization applies to both new shares and treasury shares held by the company. The authorization may be used to fund or complete acquisitions or other business transactions, for offering share-based incentive schemes, to develop the company’s capital structure, or for other purposes decided by the Board of Directors.

– The authorization entitles the Board of Directors to resolve on all the conditions of the issuance of shares and the issuance of special rights entitling to shares, including the right to deviate from the shareholders’ pre-emptive subscription right.

– The authorization is proposed to remain in force until the next Annual General Meeting; however, no longer than until 30 June 2025, and it would replace the previous authorizations granted regarding a directed share issue and the issuance of special rights entitling to shares.

16. Closing of the meeting

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B. Documents of the Annual General Meeting

The aforementioned decision proposals on the agenda of the Annual General Meeting and this notice of the Annual General Meeting are available on Lemonsoft Oyj’s website at https://investors.lemonsoft.fi. The company’s financial statements, report of the Board of Directors and auditor’s report will also be available on the said website on 19 March 2024 at the latest. A copy of the annual report will be sent to shareholders by request. The decision proposals and the other aforementioned documents will also be available at the Annual General Meeting.

The minutes of the Annual General Meeting will be available on Lemonsoft Oyj’s investor website on 23 April 2024, at the latest.

C. Instructions for meeting participants

1. Shareholder registered in the list of shareholders

A shareholder who is registered in the company’s shareholder register maintained by Euroclear Finland Oy on 26 March 2024 has the right to participate in the Annual General Meeting. Shareholders whose shares are registered in their personal Finnish book-entry account are registered in the company’s shareholder register. Changes in shareholding after the record date do not affect the right to participate in the meeting or the number of voting rights held in the meeting.

Registration for the Annual General Meeting starts on 5 March 2024 at 10 a.m. A shareholder registered in the company’s shareholder register who wishes to take part in the Annual General Meeting must register by Tuesday 2 April 2024 at 4 p.m. at the latest, by which time the registration must have been received by the company. Shareholders can register for the Annual General Meeting as follows:

a) Via the company’s website at https://investors.lemonsoft.fi/yhtiokokous. For electronic registration, the shareholder or their legal representative is required to use strong identification by means of Finnish, Swedish or Danish bank IDs or a mobile ID; or

b) By email or post. A shareholder registering by email or post is required to submit the registration form and advance voting form available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous, or the corresponding information, by post to Innovatics Oy at the address Innovatics Oy, Yhtiökokous/Lemonsoft Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, or by email to agm@innovatics.fi.

The requested information, including the shareholder’s name, date of birth or Business ID, contact details, the name of a possible assistant or proxy representative, and the date of birth of the proxy representative. The personal data disclosed by shareholders to Lemonsoft Oyj will only be used in connection with the Annual General Meeting and related processing of the necessary registrations.

Shareholders or their proxy representatives must verify their identity and/or right of representation at the Annual General Meeting venue upon request.

More information on registration and advance voting is available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous and by telephone during the Annual General Meeting registration period from Innovatics Oy on +358 10 2818 909 on weekdays from 9 a.m. to 12 noon and from 1 p.m. to 4 p.m.

2. Holders of nominee-registered shares

Holders of nominee-registered shares have the right to take part in the Annual General Meeting by virtue of shares, based on which they, on the record date of the Annual General Meeting, 26 March 2024, would be entitled to be registered in the company’s shareholder register maintained by Euroclear Finland Oy. The right to participate in the Annual General Meeting also requires that the shareholder has been temporarily entered in the shareholders’ register maintained by Euroclear Finland Oy no later than on 4 April 2024 at 10 a.m. on the basis of such shares. With regard to nominee-registered shares, this constitutes registration for the Annual General Meeting. Changes in shareholding after the record date do not affect the right to participate in the meeting or the number of voting rights held in the meeting.

Holders of nominee-registered shares are advised to request without delay the necessary instructions regarding temporary registration in the shareholders’ register, the issuing of proxy documents and voting instructions, registration for the Annual General Meeting and advance voting from their custodian bank. The account manager of the custodian bank is required to temporarily register a holder of nominee-registered shares who wishes to participate in the Annual General Meeting in the company’s shareholders’ register no later than the time stated above and, if necessary, take care of advance voting on behalf of the nominee-registered shareholder before the end of the registration period for nominee-registered shareholders on 4 April 2024. More information on this is also available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous.

3. Proxy representative and powers of attorney

A shareholder may participate in the Annual General Meeting and exercise their rights at the Annual General Meeting by way of proxy representation. If they wish to do so, a shareholder’s proxy can also vote in advance in the manner described in this notice. The proxy representative must verify their identity for the electronic registration service and advance voting personally using strong identification, after which they will be able to register and vote in advance on behalf of the shareholder they represent. The proxy representative of a shareholder must present a dated power of attorney or provide other reliable proof that they are entitled to represent the shareholder at the Annual General Meeting. The right of representation can be demonstrated by means of the suomi.fi authorization service available via the electronic registration service.

The power of attorney template and voting instructions are available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous. If a shareholder takes part in the Annual General Meeting through several proxy representatives representing the shareholder based on shares in different book-entry accounts, the shares based on which each proxy representative represents the shareholder must be reported in conjunction with registration.

Any powers of attorney are to be primarily sent as an attachment in conjunction with electronic registration or alternatively by post to the address Innovatics Oy, Yhtiökokous/Lemonsoft Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, or by email to agm@innovatics.fi before the end of the registration period. In addition to submitting powers of attorney, the shareholder or their proxy representative must ensure that they register for the Annual General Meeting in the manner described above in this notice.

4. Advance voting

Shareholders whose shareholdings in the company are entered in their personal Finnish book-entry account may vote in advance on the Annual General Meeting’s agenda items 7–15 between 10 a.m. on 5 March 2024 and 4 p.m. on 2 April 2024 in the following ways:

a) via the company’s website at https://investors.lemonsoft.fi/yhtiokokous. Signing in to the service must follow the same procedure as described above in section C.1 of this notice.

b) By post or email by sending an advance voting form available on the company’s website or by sending the corresponding information to Innovatics Oy by post to the address Innovatics Oy, Yhtiökokous/Lemonsoft Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, or by email to agm@innovatics.fi.

Advance votes must be received by the end of the advance voting period. In addition to advance voting, shareholders must ensure that they register for the Annual General Meeting before the end of the registration period.

Shareholders who have voted in advance cannot use their right, pursuant to the Finnish Limited Liability Companies Act, to request more detailed information or their right to demand a vote at the Annual General Meeting, unless they participate in the Annual General Meeting at the meeting venue themselves or by proxy.

In the case of a nominee-registered shareholder, advance voting takes place through an account manager. The account manager may vote in advance on behalf of nominee-registered shareholders whom the account manager represents in accordance with the voting instructions given by the nominee-registered shareholders during the registration period set for nominee-registered shares.

The decision proposal subject to advance voting shall be deemed to have been submitted to the Annual General Meeting unchanged. The terms and conditions concerning electronic advance voting and other related instructions are available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous.

5. Other instructions/information

The Annual General Meeting will be conducted in Finnish.

Shareholders present at the Annual General Meeting have the right, pursuant to Chapter 5, Section 25 of the Finnish Limited Liability Companies Act, to request information concerning the matters on the agenda of the meeting.

Changes in shareholding after the record date do not affect the right to participate in the meeting or the number of voting rights held in the meeting.

On the day of the notice of the meeting, 4 March 2024, Lemonsoft Oyj had a total of 18,562,005 shares and votes.

Vaasa, 4 March 2024

LEMONSOFT OYJ

BOARD OF DIRECTORS

Lemonsoft Oyj’s shareholders are invited to the Annual General Meeting to be held on 4 April 2023, starting at 10 a.m., at Silveria Auditorium at the address Ruutikellarintie 4, 65100 Vaasa. The reception of registered Annual General Meeting participants and the distribution of voting ballots will begin at the meeting venue at 9:30 a.m.

Shareholders may also exercise their right to vote by voting in advance. Instructions for advance voting are provided in section C of this Notice of the Annual General Meeting.

A. Matters on the agenda of the Annual General Meeting

The following matters will be considered at the Annual General Meeting:

1. Opening of the meeting

2. Calling the meeting to order

3. Election of persons to scrutinize the minutes and persons to supervise the counting of votes

4. Recording the legality of the meeting

5. Recording the attendance at the meeting and adoption of the list of votes

6. Presentation of the financial statements, the report of the Board of Directors and the auditor’s report for the year 2022

Review by the CEO.

The Annual Report, which includes the company’s financial statements and the Report of the Board of Directors, is available from 17 March 2023 onwards on the company’s website at https://investors.lemonsoft.fi.

7. Adoption of the financial statements

8. Resolution on the use of the profit shown on the balance sheet and the payment of dividend

The Board of Directors proposes to the Annual General Meeting that a dividend of EUR 0.14 per share is to be paid according to the confirmed balance sheet from the assets eligible for profit distribution for the accounting period ending on 31 December 2022, corresponding to a total dividend payout of approximately EUR 2,600,000. The dividend shall be paid to shareholders registered on the record date, 6 April 2023, as a shareholder in the company’s shareholders’ register maintained by Euroclear Finland Oy. The Board of Directors proposes that the dividend be paid on 17 April 2023. The Board of Directors proposes further that the share of profits not paid out in dividends for the accounting period shall be transferred to the company’s retained earnings account.

9. Resolution on the discharge of the members of the Board of Directors and the CEO from liability

10. Resolution on the number of members on the Board of Directors and election of Board members

The Shareholders’ Nomination Board, the members of which represent the company’s three largest shareholders, or approximately 73% of all the shares and votes in the company, proposes to the Annual General Meeting that the Board of Directors shall consist of five actual members, same as before.

The Shareholders’ Nomination Board proposes that the company’s Board of Directors shall continue with the current composition and that the following five ordinary members shall be re-elected in the Board of Directors: Christoffer Häggblom, Kari Joki-Hollanti, Ilkka Hiidenheimo, Saila Miettinen-Lähde and Michael Richter.

11. Resolution on the remuneration for the members of the Board of Directors and the Board’s committees and the reimbursement of travel expenses

The Shareholders’ Nomination Board proposes that the remuneration for the Chairman of the Board of Directors is a monthly fee of EUR 3,100 (previously EUR 3,000), for the ordinary members of the Board a monthly fee of EUR 1,550 (previously EUR 1,500) and that travel expenses shall be reimbursed in accordance with the company’s travel policy.

The Shareholders’ Nomination Board proposes that the remuneration of the Audit Committee remain unchanged, with the Chairman of the Audit Committee paid a fee of EUR 1,000 per meeting and the members of the Audit Committee paid a fee of EUR 500 per meeting.

12. Resolution on the remuneration for the auditor

The Board of Directors proposes to the Annual General Meeting that the remuneration for the auditor is to be paid according to reasonable invoice submitted by the auditor.

13. Election of the auditor

The Board of Directors proposes that KPMG Oy Ab, Authorized Public Accountants firm, be elected as the company’s auditor. KPMG Oy Ab has advised the company that the auditor-in-charge would be Authorized Public Accountant Kim Järvi.

14. Authorizing the Board of Directors to decide on the repurchase of the company’s own shares

The Board of Directors proposes that the Annual General Meeting authorize the Board of Directors to decide on the repurchase of the company’s own shares on the following terms and conditions:

• By virtue of the authorization, the Board of Directors is authorized to decide on the repurchase of a maximum of 1,800,000 of the company’s own shares. The proposed maximum number of shares to be repurchased corresponds to approximately 9,7 % of all the company’s shares. The authorization includes the right to accept the company’s own shares as a pledge.
• The company’s own shares shall be repurchased otherwise than in proportion to the existing shareholdings of the company’s shareholders and using the company's unrestricted equity. The shares shall be repurchased in public trading organized by Nasdaq Helsinki Oy on the Nasdaq First North Growth Market Finland marketplace at the market price at the time of the purchase.
• The shares shall be repurchased for the purpose of financing or carrying out possible acquisitions or other arrangements, to implement the company’s incentive schemes, to develop the company’s capital structure, or for other purposes as decided by the Board of Directors.
• The authorization is proposed to remain valid until the 2024 Annual General Meeting, but not beyond 30 June 2024.

15. Authorizing the Board of Directors to decide on a share issue and the granting of option rights and other special rights entitling to shares

The Board proposes that the Annual General Meeting should authorize the Board to decide on a share issue against payment or a share issue without payment and the granting of special rights (as defined in Section 1, Chapter 10 of the Limited Liability Companies Act) in one or more instalments with the following terms and conditions:

• By virtue of the authorization the share issue may be a maximum of 2,000,000 shares. The authorization applies to both issuing new shares and to transferring of treasury shares held by the company. The authorization may be used to fund or complete acquisitions or other business transactions, for implementation of share-based incentive schemes, to develop the company’s capital structure, and for other purposes decided by the Board.
• The authorization entitles the Board of Directors to resolve on all the conditions of the issuance of shares and the issuance of special rights entitling to shares, including the right to deviate from the shareholders’ pre-emptive subscription right.
• The authorization is proposed to remain in force until the next Annual General Meeting; however, no longer than until 30 June 2024, and it would replace the previous authorizations granted regarding a directed share issue and the issuance of special rights entitling to shares.

16. Amendment of the Articles of Association

The Board of Directors proposes to the Annual General Meeting that the Articles of Association be amended to enable holding a general meeting also without a meeting venue as a so-called virtual meeting, if so decided by the Board of Directors. The Board of Directors proposes that the aforementioned amendment shall be implemented by amending § 6 of the Articles of Association to read as follows in its entirety:

Ҥ 6 The place of the General Meeting and participation in the General Meeting

The General Meeting shall be held in a place determined by the Board. In addition to the company’s registered office, the general meeting can be held in Helsinki, Espoo or Vantaa.

The Board of Directors may decide on the right for the shareholders to participate in a general meeting also in such a way that the shareholders exercise their decision-making power before the meeting or during the meeting by using telecommunication connection and technical means. Additionally, the Board of Directors may decide on organizing a general meeting without a meeting venue whereupon shareholders exercise their decision-making power in full and in real time during the meeting using telecommunication connection and technical means.”

No other amendments are proposed to the Articles of Association.

17. Closing of the meeting

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B. Documents of the Annual General Meeting

The aforementioned decision proposals on the agenda of the Annual General Meeting and this notice of the Annual General Meeting are available on Lemonsoft Oyj’s website at https://investors.lemonsoft.fi. The company’s financial statements, report of the Board of Directors and auditor’s report will also be made available on the said website on 17 March 2023 at the latest. A copy of the annual report will be sent to shareholders by request. The decision proposals and the other aforementioned documents will also be available at the Annual General Meeting.

The minutes of the Annual General Meeting will be available on the Lemonsoft Oyj website from 15 April 2023.

C. Instructions for meeting participants

1. Shareholder registered in the list of shareholders

A shareholder who is registered in the company’s shareholder register maintained by Euroclear Finland Oy on the record date 23 March 2023 has the right to participate in the Annual General Meeting. Shareholders whose shares are registered in their personal Finnish book-entry account are registered in the company’s shareholder register.

Registration for the Annual General Meeting starts on 10 March 2023 at 10 a.m. A shareholder registered in the company’s shareholder register who wish to take part in the Annual General Meeting must register by Tuesday 28 March 2023 at 4 p.m. at the latest, by which time the registration must be received by the company. Shareholders can register for the Annual General Meeting as follows:

a) Via the company’s website at https://investors.lemonsoft.fi/yhtiokokous. For electronic registration, the shareholder or their legal representative is required to use strong identification by means of Finnish or Swedish bank IDs or a mobile ID; or

b) By email or post. A shareholder registering by email or post is required to submit the registration form and advance voting form available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous, or the corresponding information, by post to Innovatics Oy at the address Innovatics Oy, Yhtiökokous/Lemonsoft Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, or by email to agm@innovatics.fi.

The requested information, including the shareholder’s name, date of birth or Business ID, contact details, the name of a possible assistant or proxy representative, and the date of birth of the proxy representative. The personal data disclosed by shareholders to Lemonsoft Oyj will only be used in connection with the Annual General Meeting and related processing of the necessary registrations.

Shareholders or their proxy representatives must verify their identity and/or right of representation at the Annual General Meeting venue upon request.

More information on registration and advance voting is available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous and by telephone during the Annual General Meeting registration period from Innovatics Oy on +358 10 2818 909 on weekdays from 9 a.m. to 12 noon and from 1 p.m. to 4 p.m.

2. Holders of nominee-registered shares

Holders of nominee-registered shares have the right to take part in the Annual General Meeting by virtue of shares, based on which they, on the record date of the Annual General Meeting, 23 March 2023, would be entitled to be registered in the company’s shareholder register maintained by Euroclear Finland Oy. The right to participate in the Annual General Meeting also requires that the shareholder has been temporarily entered in the shareholders’ register maintained by Euroclear Finland Oy no later than on 30 March 2023 at 10 a.m. on the basis of such shares. With regard to nominee-registered shares, this constitutes registration for the Annual General Meeting. Changes in shareholding after the record date do not affect the right to participate in the meeting or the number of voting rights held in the meeting.

Holders of nominee-registered shares are advised to request well in advance the necessary instructions regarding temporary registration in the shareholders’ register, the issuing of proxy documents and voting instructions, registration for and participation in the Annual General Meeting and for advance voting from their custodian bank. The account manager of the custodian bank is required to temporarily register a holder of nominee-registered shares who wishes to participate in the Annual General Meeting in the company’s shareholders’ register no later than the time stated above and, if necessary, take care of advance voting on behalf of the nominee-registered shareholder before the end of the registration period for nominee-registered shareholders on 30 March 2023. More information on this is also available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous.

3. Proxy representative and powers of attorney

A shareholder may participate in the Annual General Meeting and exercise their rights at the Annual General Meeting by way of proxy representation. If they wish to do so, a shareholder’s proxy representative can also vote in advance in the manner described in this notice. The proxy representative must verify their identity for the electronic registration service and advance voting personally using strong identification, after which they will be able to register and vote in advance on behalf of the shareholder they represent. The proxy representative of a shareholder must present a dated power of attorney or provide other reliable proof that they are entitled to represent the shareholder at the Annual General Meeting. The right of representation can be demonstrated by means of the suomi.fi authorization service available via the electronic registration service.

The power of attorney template and voting instructions are available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous. If a shareholder takes part in the Annual General Meeting through several proxy representatives representing the shareholder based on shares in different book-entry accounts, the shares based on which each proxy representative represents the shareholder must be reported in conjunction with registration.

Any powers of attorney are to be primarily sent as an attachment in conjunction with electronic registration or alternatively by post to the address Innovatics Oy, Yhtiökokous/Lemonsoft Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, or by email to agm@innovatics.fi before the end of the registration period. In addition to submitting powers of attorney, the shareholder or their proxy representative must ensure that they register for the Annual General Meeting in the manner described in this notice.

4. Advance voting

Shareholders whose shareholdings in the company are entered in their personal Finnish book-entry account may vote in advance on the Annual General Meeting’s agenda items 7–16 between 10 a.m. on 10 March 2023 and 4 p.m. on 28 March 2023 in the following ways:

1. via the company’s website at https://investors.lemonsoft.fi/yhtiokokous. Signing in to the service must follow the same procedure as described above in section C.1 of this notice.
2. by post or email by sending an advance voting form available on the company’s website or by sending the corresponding information to Innovatics Oy by post to the address Innovatics Oy, Yhtiökokous/Lemonsoft Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, or by email to agm@innovatics.fi. Advance votes must be received by the end of the advance voting period. In addition to advance voting, shareholders must ensure that they register for the Annual General Meeting before the end of the registration period.

Shareholders who have voted in advance cannot use their right, pursuant to the Finnish Limited Liability Companies Act, to request more detailed information or their right to demand a vote at the Annual General Meeting, unless they participate in the Annual General Meeting at the meeting venue themselves or by proxy.

In the case of a nominee-registered shareholder, advance voting takes place through an account manager. The account manager may vote in advance on behalf of nominee-registered shareholders whom the account manager represents in accordance with the voting instructions given by the nominee-registered shareholders during the registration period set for nominee-registered shares.

The decision proposal subject to advance voting shall be deemed to have been submitted to the Annual General Meeting unchanged. The terms and conditions concerning electronic advance voting and other related instructions are available on the company’s website at https://investors.lemonsoft.fi/yhtiokokous.

5. Other instructions/information

The Annual General Meeting will be conducted in Finnish.

Shareholders present at the Annual General Meeting have the right, pursuant to Chapter 5, Section 25 of the Finnish Limited Liability Companies Act, to request information concerning the matters on the agenda of the meeting.

Changes in shareholding after the record date do not affect the right to participate in the meeting or the number of voting rights held in the meeting.

On the day of the notice of the meeting, 3 March 2023, Lemonsoft Oyj had a total of 18,538,019 shares and votes.

Vaasa, 3 March 2023

LEMONSOFT OYJ

BOARD OF DIRECTORS

The Annual General Meeting of Lemonsoft Oyj will be held on 5 April 2022 at 10 a.m. The meeting will be organised with exceptional arrangements without the presence of shareholders or their representatives at the address Itämerentori 2, FI-00180 Helsinki.

The company’s Board of Directors has decided on the exceptional meeting practice under the temporary act (375/2021) approved by the Parliament of Finland. In order to prevent the spread of the COVID-19 pandemic, the company has decided to take measures allowed by the temporary act so that the Annual General Meeting can be held in a predictable manner, taking into account the health and safety of shareholders, the company's personnel and other stakeholders.

The company’s shareholders and their representatives may attend the Annual General Meeting and exercise their shareholder rights only by voting in advance and submitting counterproposals and questions in advance in accordance with the instructions in section C below. It is not possible to attend the Annual General Meeting at the meeting venue.

It is possible for shareholders to follow the Annual General Meeting as a webcast. Registration for the webcast takes place in connection with registration for the Annual General Meeting. Shareholders so following the meeting are not considered to participate in the Annual General Meeting, meaning that they do not have the right to ask questions or vote during the Annual General Meeting, among other things. More detailed instructions can be found in Part C “Instructions for Participants in the Annual General Meeting”.

A. MATTERS ON THE AGENDA OF THE ANNUAL GENERAL MEETING

At the Annual General Meeting, the following matters will be considered:

1. Opening of the meeting

2. Calling the meeting to order

Lawyer Jarmo Kinnunen will serve as chairman of the meeting. In case Jarmo Kinnunen would not be able to act as chairman of the meeting for a weighty reason, the Board of Directors will appoint another person it deems most suitable to act as chairman of the meeting.

3. Election of a person to scrutinize the minutes and a person to supervise the counting of votes

CFO Mari Erkkilä will scrutinize the minutes and supervise the counting of votes. In case Mari Erkkilä is prevented from scrutinizing the minutes and supervising the counting of votes for a weighty reason, the Board of Directors will appoint another person it deems most suitable to act in that role.

4. Recording the legality of the meeting

5. Recording the attendance at the meeting and adoption of the list of votes

Shareholders who have cast their votes in advance during the advance voting period and who are entitled to take part in the Annual General Meeting under Chapter 5, Sections 6 and 6a of the Limited Liability Companies Act, will be deemed to have participate at the meeting. The list of votes will be adopted according to the information provided by Euroclear Finland Oy and Innovatics Ltd.

6. Presentation of the financial statements, the report of the Board of Directors and the auditor's report for the year 2021

As participation at the Annual General Meeting is only possible through advance voting, the Annual Report published by the company at the latest by 18 March 2022, containing the company’s financial statements, report of the Board of Directors and the auditor’s report, that is available on the company's website, is deemed to have been presented to the Annual General Meeting.

The CEO of the company Kari Joki-Hollanti presents the review at the webcast of the Annual General Meeting.

7. Adoption of the financial statements

8. Resolution on the use of the profit shown on the balance sheet and authorizing the Board of Directors to resolve on the distribution of dividends

The Board of Directors proposes to the Annual General Meeting that a dividend of EUR 0.13 per share be paid according to the confirmed balance sheet for the accounting period ending on 31 December 2021, meaning that a total of EUR 2,400,000 be paid in dividends. The dividend shall be paid to shareholders registered on the record date, 24 March 2022, as a shareholder in the company’s shareholders’ register maintained by Euroclear Finland Oy. The Board of Directors proposes that dividend be paid on 20 April 2022.

The Board of Directors proposes that the share of profits not paid out in dividends for the accounting period be transferred on the company’s account for retained earnings.

9. Resolution on the discharge of the members of the Board of Directors and the CEO from liability for the last financial year

10. Resolution on the remuneration of the members of the Board of Directors and reimbursement of travel expenses

The Board of Directors proposes for the Board to consist of five (5) actual members.

The Board of Directors proposes that no changes be made to the remuneration or travel expenses of the Board members, ie the Chairman of the Board will continue to be paid a monthly fee of EUR 3,000, other Board members will be paid a monthly fee of EUR 1,500 and travel expenses will be reimbursed in accordance with the company's travel policy.

11. Election of members of the Board of Directors

The Board of Directors proposes that the Board of Directors continue with the current composition and that the following five actual members be re-elected in the Board of Directors: Christoffer Häggblom, Kari Joki-Hollanti, Ilkka Hiidenheimo, Saila Miettinen-Lähde and Michael Richter.

12. Resolution on the remuneration of the auditor

The Board of Directors proposes to the Annual General Meeting that the remuneration of the auditor be paid according to reasonable invoice submitted by the auditor.

13. Election of the auditor

The Board of Directors proposes that KPMG Oy Ab, Authorized Public Accountants firm, be elected as the company’s auditor. KPMG Oy Ab has advised the company that the auditor-in-charge would be Authorised Public Accountant Kim Järvi.

14. Audit Committee and resolution on the remuneration of its members

The Board of Directors considers it justified for the company to have an Audit Committee, the establishment of which will be decided by the Board of Directors elected at the Annual General Meeting on 5 April 2022 at its forthcoming Inaugural Board Meeting. The duties of the Audit Committee would be, inter alia:

• monitor and assess the financial reporting system;
• monitor and assess the effectiveness of internal control, internal audit and risk management systems;
• monitor and assess the compliance of agreements and other legal transactions between the company and its related parties with the requirements of relating to the ordinary course of business and market conditions;
• to monitor and assess the independence of the auditor and, in particular, the non-audit services provided by the auditor; and
• monitor the company's audit and prepare the election of the company's auditor.

The Board of Directors proposes to the the Annual General Meeting that the Chairman of the Audit Committee be paid a fee of EUR 1,000 per meeting and that the members of the Committee be paid a fee of EUR 500 per meeting.

15. Establishment of a Shareholders’ Nomination Board

The Board of Directors proposes that the Annual General Meeting decide on the establishment of a Shareholders' Nomination Board. The duties of the Nomination Board would be e.g. to prepare proposals for the Annual General Meeting regarding the election of Board members and the remuneration of members of the Board and Board committees.

The Nomination Board would consist of three members who are the company's three largest shareholders or their nominated representatives. The Chairman of the Board of Directors would act as an expert member of the Nomination Board, unless he is a member of the Nomination Board on other grounds (when acting as an expert member, the Chairman of the Board would not be an official member of the Nomination Board and would not have voting rights).

In addition, the Board of Directors proposes that the Annual General Meeting approve the Charter of the Shareholders’ Nomination Board attached as appendix.

16. Authorising the Board of Directors to decide on a share issue and the issuance of options and other special rights entitling to shares

The Board proposes that the Annual General Meeting authorizes the Board to decide on an ordinary or bonus issue of shares and the granting of special rights (as defined in Section 1, Chapter 10 of the Limited Liability Companies Act) in one or more instalments with the following terms and conditions:

The maximum total number of shares to be issued by virtue of the authorization is 2,000,000 shares. The authorization applies to both new shares and treasury shares held by the company. The authorization may be used to finance or carry out acquisitions or other transactions, to carry out the company’s share-based incentive schemes, to improve the company's capital structure, or for other purposes decided by the Board. The authorisation entitles the Board of Directors to resolve on all the conditions of the issuance of shares and the issuance of special rights entitling to shares, including the right to deviate from the shareholders’ pre-emptive subscription right.

The authorization is proposed to remain in force until the next Annual General Meeting, however, no longer than until 30 June 2023, and it would replace the previous authorisations granted regarding a directed share issue and issuance of special rights entitling to shares.

17. Closing of the meeting

B. DOCUMENTS OF THE ANNUAL GENERAL MEETING

This notice of meeting, including all proposals on the agenda of the Annual General Meeting, is available on Lemonsoft Oyj’s website at https://investors.lemonsoft.fi. The Company’s financial statements, report of the Board of Directors and auditor’s report are also available on the said website. A copy of the annual report will be sent to shareholders by request.

The minutes of the Annual General Meeting will be available on the above-mentioned website as of 15 April 2022.

C. INSTRUCTIONS FOR MEETING PARTICIPANTS

In accordance with temporary legislation and in the company’s efforts to prevent the spread of the COVID-19 pandemic, it has been decided to hold the Annual General Meeting without shareholders and their proxy representatives’ presence at the meeting venue. Shareholders may attend the Annual General Meeting and exercise their shareholder rights only by voting, by submitting counterproposals in advance and asking questions in advance, according to the instructions below. Proxy representatives must also vote in advance as described below.

Shareholders and their proxy representatives cannot attend the Meeting over real-time connections, but shareholders have the opportunity to observe the Annual General Meeting via a link sent to them personally. A video link and password to follow the meeting online will be sent by email and as a text message to the email address and phone number provided in connection with the registration. Following the meeting via the video stream is possible only for shareholders who are registered as shareholders of the Company on the record date of the General Meeting. Following the meeting via the video stream does not constitute participation in the General Meeting. The voting list and results of votes of the General Meeting shall be made solely based on the advance voting.

1. Shareholder registered in the list of shareholders

A shareholder who is registered in the shareholder register of the company maintained by Euroclear Finland Oy on 24 March 2022 has the right to participate in the Annual General Meeting. A shareholder whose shares are registered in their personal Finnish book-entry account is registered in the shareholder register of the company.

2. Registration and advance voting

Registration and advance voting begin on 15 March 2022 at 10 a.m. A shareholder registered in the company’s shareholder register, who wants to take part in the general meeting by voting in advance, must register for the Annual General Meeting and vote in advance by 29 March 2022 at 4 p.m. at the latest, by which time the registration and votes must have been received by the company.

The requested information, such as the shareholder’s name, date of birth and contact details, has to be provided in connection with the registration. Personal data disclosed by shareholders to Lemonsoft Oyj or Innovatics Oy will only be used in connection with the Annual General Meeting and related necessary processing of registrations.

Shareholders whose shares are registered in their Finnish book-entry accounts can register and vote in advance with regard to certain items on the Annual General Meeting agenda from 15 March 2022 at 10 a.m. to 21 March 2022 at 4 p.m. as follows:

1. via the company’s website at https://investors.lemonsoft.fi/annual-general-meeting

Electronic registration and advance voting require strong identification of the shareholder or his or her legal representative with Finnish or Swedish bank IDs or a mobile ID.

1. by mail or email

A shareholder voting in advance by mail or e-mail should submit the advance voting form available on the company’s website on 15 March 2022 at the latest, or corresponding information by mail to the address Innovatics Oy, Annual General Meeting/Lemonsoft Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki or by email to agm@innovatics.fi.

If the shareholder takes part in the Annual General Meeting by submitting the advance votes by mail or email to Innovatics Oy, submitting the votes before the expiry of the registration and advance voting deadline is considered to be participation in the Annual General Meeting, provided that the shareholder’s message includes the information required for registration specified above.

Voting instructions are available on the Company’s website at https://investors.lemonsoft.fi/annual-general-meeting. Further information regarding registration and advance voting is available by telephone during the registration period of the Annual General Meeting on +358 10 2818 909 on weekdays from 9:00 to 12:00 and from 13:00 to 16:00.

3. Proxy representative and powers of attorney

A shareholder may participate in the Annual General Meeting and exercise their rights at the Annual General Meeting by way of proxy representation. A proxy authorized by a shareholder may also attend the meeting only by voting in advance on behalf of the shareholder as described in this invitation.

The proxy must identify to the electronic registration service and advance voting in person with strong identification, after which he or she will be able to register and vote in advance on behalf of the shareholder he or she represents. A proxy representative shall present a dated proxy document or otherwise in a reliable manner demonstrate his/her right to represent the shareholder at the General Meeting. The right of legal representation can be demonstrated by utilizing the suomi.fi authorizations service available in the electronic registration service. If a shareholder takes part in the Annual General Meeting through several proxy representatives representing the shareholder based on shares on different book-entry accounts, the shares based on which each proxy representative represents the shareholder must be reported in conjunction with registration.

The power of attorney template and advance voting form will be available on the company’s website at https://investors.lemonsoft.fi/annual-general-meeting on 15 March 2022 at the latest.

The duly completed and signed powers of attorney, together with the duly completed and signed advance voting form, shall be submitted by the shareholder's proxy representative in accordance with the instructions given on the form, primarily as an attachment for electronic registration and advance voting, or alternatively by e-mail to agm@innovatics.fi before the expiry of the advance voting period, which is when the powers of attorney must have been received. Shareholders’ proxy representatives must also vote in advance as set out in this notice.

The mere submission of authorization documents to the company or Innovatics Oy does not result in the shareholder's advance votes being taken into account. In addition, the successful registration of a shareholder's registration and advance voting requires that the proxy notifies the shareholder and votes in advance on his or her behalf as described in this invitation.

4. Holders of nominee-registered shares

Holders of nominee-registered shares have the right to take part in the Annual General Meeting by virtue of shares, based on which he/she on the record date of the Annual General Meeting, 24 March 2022, would be entitled to be registered in the shareholder register of the company held by Euroclear Finland Oy. The right to participate in the Annual General Meeting also requires that the shareholder has been temporarily registered into the shareholder register held by Euroclear Finland Oy no later than on 31 March 2022 at 10 a.m. on the basis of such shares. With regard to nominee-registered shares, this constitutes registration for the Annual General Meeting. Changes in shareholding after the record date do not affect the right to participate in the meeting or the number of voting rights held in the meeting.

A holder of nominee-registered shares is advised to request without delay necessary instructions regarding the registration in the temporary shareholder register of the company, the issuing of proxy documents and registration for the Annual General Meeting from their custodian bank. The account management organization of the custodian bank has to register the holder of nominee-registered shares into the temporary shareholders’ register of the company and see to advance voting on behalf of the nominee-registered shareholder at the latest by the time stated above.

5. Other instructions/information

Shareholders holding a minimum of one-hundredth of all shares in the company have the right to make a counterproposal to the decision proposals included in the agenda of the Annual General Meeting to be voted on. Such counterproposals shall be submitted to the company by email at agm@lemonsoft.fi by 10 March 2022 at 4 p.m. at the latest. The shareholders making a counterproposal shall present an account of their holding upon submitting the counterproposal. The counterproposal will be reviewed by the Annual General Meeting, provided that the shareholder has the right to participate in the Annual General Meeting and the shareholder holds a minimum of one-hundredth of all shares in the company on the record date of the Annual General Meeting. If the counterproposal is not reviewed by the Annual General Meeting, any votes cast in favour of the counterproposal will be ignored. The company will publish any counterproposals included in the agenda for voting on the company's website https://investors.lemonsoft.fi/annual-general-meeting by 15 March 2022.

A shareholder may present questions referred to in chapter 5, section 25 of the Limited Liability Companies Act concerning matters reviewed at the meeting until 21 March 2022 at 4 p.m. though the electronic registration service or by email to agm@lemonsoft.fi. Such shareholder questions, answers by the company’s management and any counterproposals not included in the agenda for voting will be available on the company’s website at https://investors.lemonsoft.fi/annual-general-meeting on 25 March 2022 at the latest. A prerequisite for presenting questions and counterproposals is that the shareholder presents an adequate account of their shareholding.

On the day of the notice of the meeting, 4 March 2022, Lemonsoft Oyj had a total of 18,273,726 shares and votes.

Vaasa, 4 March 2022

LEMONSOFT OYJ

Board of Directors