UIE : Notice of Annual General Meeting 2023 of UIE Plc.11. April 2023

UIE PLC.

COMPANY ANNOUNCEMENT

No. 4/2023

Malta, 11 April 2023

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the 42nd Annual General Meeting of the Company will be held at the registered office, Blue Harbour Business Centre Level 1, Ta' Xbiex Yacht Marina, Ta' Xbiex XBX 1027, Malta on 17 May 2023 at 12.00 hrs.

AGENDA FOR THE ANNUAL GENERAL MEETING

1. REPORT OF THE DIRECTORS FOR 2022
   Presentation by the Chairman of the meeting of a report on the Group's activities for the year.
2. APPROVAL OF THE ANNUAL REPORT
   The Board of Directors proposes that the shareholders approve the audited Annual Report for 2022.
3. THE BOARD OF DIRECTORS' PROPOSAL FOR THE DISTRIBUTION OF PROFITS

The Board of Directors proposes the following distribution out of the profits for the year 2022:

a.	Interim dividend USD 0.27 per share (equivalent to DKK 1.95 per share)	USD	8,695,543
b.	Final dividend USD 0.73 per share (equivalent to DKK 5.11 per share)	USD	23,511,1911
c.	Transfer to the shareholders' equity	USD	(54,305,734)
		USD	(22,099,000)

1) Based on current outstanding shares.

The final dividend of USD 0.73 in total per share will be paid on 24 May 2023 to shareholders who are on the register at the close of business on 22 May 2023.

Dividend	Date
Ex. dividend	22 May 2023
Record date	23 May 2023
Payment date	24 May 2023

4. TO APPROVE THE REMUNERATION REPORT

The Board of Directors proposes approval of the remuneration report for UIE. Please refer to Appendix 1 for the remuneration report.

5. ELECTION OF MEMBERS TO THE BOARD OF DIRECTORS

1. All Directors of the Board are up for re-election in 2023:

2. Mr. Carl Bek-Nielsen offers himself for re-election at the Annual General Meeting

UIE SERVICES A/S VANDTÅRNSVEJ 83A DK-2860SØBORG

TEL: [phone]

WEB: WWW.UIE.DK

E-MAIL:[e-mail]

CONTACT PERSON:	PAGE
ULRIK JUUL ØSTERGAARD, MANAGING DIRECTOR	1/4
E-MAIL: [e-mail]

UIE PLC.

1. Mr. Martin Bek-Nielsen offers himself for re-election at the Annual General Meeting
2. Mr. John Goodwin offers himself for re-election at the Annual General Meeting
3. Mr. Bent Mahler offers himself for re-election at the Annual General Meeting
4. Mr. Jørgen Balle offers himself for re-election at the Annual General Meeting
5. Mr. Frederik Westenholz offers himself for re-election at the Annual General Meeting
6. Mr. Harald Sauthoff offers himself for re-election at the Annual General Meeting
7. Dr. Catherine Bannister offers herself for re-election at the Annual General Meeting
   A description of all the Directors is available in Appendix 2.

6. TO FIX THE REMUNERATION OF THE BOARD OF DIRECTORS AND THE AUDIT COMMITTEE FOR 2023

1. The Board of Directors proposes approval of the remuneration for the Directors of the Board for 2023, which remains unchanged from the remuneration in 2022:

1. Chairman of the Board of Directors:
2. Deputy Chairman of the Board of Directors:
3. Other members of the Board of Directors:

USD 75,000 p.a. USD 60,000 p.a. USD 47,500 p.a.

1. The Board of Directors proposes approval of the remuneration for the members of the Audit Committee for 2023, which remains unchanged from the remuneration in 2022:

i.	Chairman of the Audit Committee:	USD 15,000 p.a.
ii.	Other members of the Audit Committee:	USD 10,500 p.a.

7. TO APPOINT THE AUDITORS ERNST & YOUNG MALTA LIMITED

1. The Board of Directors proposes the reappointment of Ernst & Young Malta Limited.
2. The Board of Directors proposes that the auditors' fee is fixed by the Board of Directors.

UIE SERVICES A/S VANDTÅRNSVEJ 83A DK-2860SØBORG

TEL: [phone]

WEB: WWW.UIE.DK

E-MAIL:[e-mail]

CONTACT PERSON:	PAGE
ULRIK JUUL ØSTERGAARD, MANAGING DIRECTOR	2/4
E-MAIL: [e-mail]

UIE PLC.

FURTHER INFORMATION

CAPITAL AND QUORUM REQUIREMENT

UIE's issued share capital amounts to USD 32,227,690, consisting of 32,227,690 issued shares of USD 1.00 each. UIE owns 21,974 treasury shares. The total voting rights at the Annual General Meeting will be 32,207,111, which

is equivalent to the issued number of shares (32,227,690) less the number of treasury shares (20,579).

No business shall be transacted at any general meeting unless a quorum is present. A quorum exists when more than 10% of the issued shares of the Company are present in person or by proxy.

MAJORITY REQUIREMENTS

The proposals by the Board of Directors may be adopted by simple majority of votes present at the Annual General Meeting.

SHAREHOLDERS' VOTING RIGHTS

Shareholders who own shares in the Company on the record date, which is Monday, 17 April 2023, are entitled to participate and vote at the Annual General Meeting.

The votes will be based on the principle of one vote per share.

PROXIES/POSTAL VOTING

For shareholders unable to attend the Annual General Meeting, the Board of Directors would appreciate receiving a proxy or a postal vote in order to know the shareholders' view on the respective items on the agenda.

A shareholder may either grant a proxy (a proxy is not required to be a shareholder of the Company) or submit a postal vote, but not both.

How to submit a proxy:

Registered shareholders can vote by proxy no later than Wednesday, 10 May 2023 at 23:59 hrs.

Proxies must be appointed as follows:

• electronically through the Company's online Shareholder Portal accessible via the Company's website at www. uie.dk/invester-relations/shareholder-portal/ or the website of Computershare A/S, www.computershare.dk; or
• in writing by filling in, signing and submitting the proxy and postal voting form, available on the Company's website at www.uie.dk/annual-general-meeting/, by email to [e-mail] or by ordinary mail to Computershare A/S, Lottenborgvej 26, 2800 Kgs. Lyngby, Denmark.

UIE SERVICES A/S VANDTÅRNSVEJ 83A DK-2860SØBORG

TEL: [phone]

WEB: WWW.UIE.DK

E-MAIL:[e-mail]

CONTACT PERSON:	PAGE
ULRIK JUUL ØSTERGAARD, MANAGING DIRECTOR	3/4
E-MAIL: [e-mail]

UIE PLC.

How to vote by post:

Registered shareholders can vote by post no later than Monday, 15 May 2023 at 23:59 hrs.

Postal votes may be cast:

• electronically through the Company's online Shareholder Portal accessible via the Company's website at www. uie.dk/invester-relations/shareholder-portal/ or the website of Computershare A/S, www.computershare.dk; or
• in writing by filling in, signing and submitting the proxy and postal voting form, available on the Company's website at www.uie.dk/annual-general-meeting/, by email to [e-mail] or by ordinary mail to Computershare A/S, Lottenborgvej 26, 2800 Kgs. Lyngby, Denmark.

Please note the delivery time of the postal services if the proxy and postal voting form is sent by ordinary mail.

Please note that postal votes cannot be revoked once submitted.

THE RIGHT OF SHAREHOLDERS TO ASK QUESTIONS

Prior to the Annual General Meeting, the shareholder may ask questions in writing, which are pertinent and related to the items on the agenda of the Annual General Meeting. A shareholder wishing to exercise his right to ask questions may send the question by email to [e-mail] or [e-mail], or by ordinary mail to Computershare A/S, Lottenborgvej 26, 2800 Kgs. Lyngby, Denmark or UIE Services A/S, Vandtårnsvej 83A, 2860 Søborg, Denmark.

INFORMAL SHAREHOLDERS' MEETING IN COPENGHAGEN

UIE's informal shareholders' meeting will be held on Friday 26 May 2023 at 10.00 hours (CET) at Børssalen, Børsby- gningen, 1217 Copenhagen K, Denmark.

We look forward to seeing you.

UIE PLC.

BOARD OF DIRECTORS

Malta, 11 April 2023

UIE SERVICES A/S VANDTÅRNSVEJ 83A DK-2860SØBORG

TEL: [phone]

WEB: WWW.UIE.DK

E-MAIL:[e-mail]

CONTACT PERSON:	PAGE
ULRIK JUUL ØSTERGAARD, MANAGING DIRECTOR	4/4
E-MAIL: [e-mail]

UIE PLC.

APPENDIX 1 - REMUNERATION REPORT OF UIE PLC 2022

APPENDIX 1 - REMUNERATION REPORT 2021