NOTICE TO ATTEND THE EXTRAORDINARY GENERAL MEETING IN TERRANET AB

RIGHT TO PARTICIPATE AND REGISTRATION

Shareholders who wish to attend the general meeting shall

• be entered in the share register maintained by Euroclear Sweden AB on 1 June 2026, and;

• notify the Company of their intention to participate in the meeting no later than 2 June 2026 by e-mail to dan.wahrenberg@terranet.se or by post to Terranet AB, Mobilvägen 10, 223 62 Lund, Sweden, mark the envelope with “Extraordinary General Meeting 2026”. Upon notification, the shareholder shall state name, personal or corporate identity number, address and telephone number and, where applicable, information about assistants (maximum 2).

NOMINEE REGISTERED SHARES

Shareholders who have had their shares registered by a nominee through a bank or investment institution must have their shares registered in their own name to be entitled to attend the general meeting. Such registration may be temporary (so-called voting registration) and is requested from the nominee in accordance with the nominee’s procedures. Voting registrations made (registered with Euroclear Sweden AB) no later than 3 June 2026 will be taken into account in the preparation of the share register.

PROXY

Shareholders represented by proxy must issue a written power of attorney for the proxy, signed and dated by the shareholder. The period of validity of the proxy may not exceed five years if specifically stated. If no period of validity is indicated, the proxy shall be valid for a maximum of one year. If the proxy is issued by a legal person, a copy of the certificate of registration or equivalent of the legal person must be attached. The original proxy and any certificate of registration should be sent by post to the Company at the above address in good time before the general meeting. The proxy form will be available on the Company’s website (www.terranet.se) at least two weeks before the general meeting.

PROPOSED AGENDA

1. Opening of the meeting
2. Election of the chairman of the meeting
3. Preparation and approval of the voting list
4. Election of one or more persons to verify the minutes
5. Determination whether the meeting has been duly convened
6. Approval of the agenda
7. Resolution on new articles of association
8. Resolution to authorise the board of directors to make minor adjustments of the resolutions
9. Closure of the meeting

PROPOSED RESOLUTIONS

Item 2 – Election of the chairman of the meeting

The nomination committee proposes that lawyer Mark Falkner, Eversheds Sutherland Advokatbyrå AB, is elected as chairman at the meeting.

Item 7 – Resolution on new articles of association
The Company has, in recent years, focused its operations on the development and commercialization of its proprietary driver‑assistance technology, BlincVision. To more clearly reflect the Company’s strategic direction, strengthen brand positioning, and build recognition in our priority markets, it is proposed that the Company’s business name be changed so that BlincVision becomes the company name. In light of the foregoing, the board of directors proposes that the articles of association be amended as follows.

For a valid resolution in accordance with this item, the resolution must be supported by shareholders holding at least two thirds (2/3) of both the votes cast and the shares represented at the general meeting.

Item 8 – Resolution to authorise the board of directors to make minor adjustments to the resolutions adopted by the meeting

The board of directors proposes that the meeting authorises the board of directors, the managing director or the person otherwise appointed by the board of directors or the managing director, to make such minor adjustments and clarifications of the resolutions adopted at the general meeting to the extent required for registration of the resolutions.

OTHER INFORMATION

Documents and information

The notice, a form of power of attorney, and documents according to the Swedish Companies Act will be available at the Company’s office for at least two weeks before the general meeting and will be sent free of charge to shareholders who so request and provide their postal address. The documents will also be published on the Company’s website, www.terranet.se, no later than the same day.

Shareholders have the right under Chapter 7, Section 32 of the Companies Act to request information from the board of directors and the chief executive officer regarding circumstances that may affect the assessment of an item on the agenda. The board of directors and the chief executive officer shall disclose such information if the board of directors considers that this can be done without material harm to the Company.

Processing of personal data

The personal data collected from the share register maintained by Euroclear Sweden AB, received notifications and information about proxies and assistants will be used for registration, preparation of the voting list for the general meeting and, where applicable, the minutes of the meeting. For information on how your personal data is processed in connection with the General Meeting, please refer to the privacy policy on the Euroclear AB website, https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.

Number of shares and votes

At the time of issuance of this notice, the total number of shares in the Company is 2,237,916,238, divided into 1,061,330 shares of series A and 2,236,854,908 shares of series B. Each share of series A entitles to two votes and each share of series B entitles to one vote.

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Lund in May 2026
Terranet AB
Board of directors