Articles of association

 § 1 Company

The company’s firm is Maven Wireless Sweden AB. The company is public (publ).

§ 2 Seat

The board has its seat in Stockholm.

§ 3 Business objectives
The object of the company’s operations shall be to develop, manufacture and sell radio repeater products and offer consulting services as well as conduct activities compatible therewith.

§ 4 Share capital
The company’s share capital must amount to a minimum of SEK 1,125,000 and a maximum of SEK 4,500,000.

§ 5 Shares
The number of shares in the company must amount to a minimum of 45,000,000 and a maximum of 180,000,000.

§ 6 Board of Directors
The board shall consist of a minimum of three (3) and a maximum of nine (9) board members without deputies.

§ 7 Auditor
The company must have a minimum of one (1) and a maximum of two (2) auditors with a maximum of two (2) deputy auditors. An authorized auditor or registered audit firm must be appointed as auditor and, where applicable, deputy auditor.

§ 8 Notice of general meeting
Notice to the general meeting must be made through advertising in Post- och Inrikes Tidningar and by making the notice available on the company’s website. At the time of summoning, information that summoning has taken place must be announced in DI.

Shareholders who wish to participate in the negotiations at the general meeting must notify the company no later than the day stated in the notice to the general meeting.

Shareholders may bring assistants to the general meeting only if he or she notifies the number of assistants to the company in accordance with the procedure that applies to shareholders’ notification to the general meeting.

§ 9 Matters at the annual general meeting
At the annual general meeting, the following matters shall come up for consideration:

1. Election of chairman at the meeting;

2. Establishment and approval of voter register;

3. Approval of the agenda;

4. Selection of one (1) or two (2) adjusters;

5. Examination of whether the general meeting has been duly convened;

6. Presentation of the annual report and the audit report and, where applicable, the consolidated accounts and the audit report and, where applicable, the consolidated accounts and the group audit report;

7. Decision on the determination of the income statement and the balance sheet and, where applicable, the consolidated income statement and the consolidated balance sheet;

8. Decisions on dispositions regarding the company’s profit or loss according to the established balance sheet;

9. Decision on discharge of liability for the board members and the CEO;

10. Determination of the number of board members and the number of auditors and any deputy auditors;

11. Determining the fees for the board and auditors;

12. Election of board members, auditors and any deputy auditors; and

13. Other matter that arrives at the meeting according to the Swedish Companies Act or the articles of association.

§ 10 Proxy collection and postal voting
The board may collect powers of attorney at the company’s expense according to the procedure specified in chapter 7. Section 4, second paragraph of the Swedish Companies Act. The board may also, instituting a general meeting, decide that the shareholders shall be able to exercise their voting rights by post according to the procedure specified in ch. 7. Section 4a, second paragraph of the Swedish Companies Act.

§ 11 The company’s financial year
The company’s financial year is January 1 – December 31.

§ 12 Reconciliation clause
The company’s shares must be registered in a reconciliation register according to the Act (1998:1479) on securities centers and account management of financial instruments.