Date and time:                           10:00 AM on 26 April 2024

Location:                                    Bank Center, 1054 Budapest, Szabadság tér 7.

                                                        1^st floor Conference Room I

Unique event ID (COAF):           HU20240326015159

The General Meeting will be held by participation in person or via an authorised proxy. Invited shareholders may represent themselves in person or by a proxy holding a written authorisation. Invitees other than shareholders may participate in person only.

Quorum. Repeated General Meeting

The General Meeting has a quorum if the shareholders holding more than half of the voting shares are present.

In the event that the General Meeting does not have a quorum, the repeated General Meeting will be held with the same agenda and at the same location at 11:00 AM on 26 April 2024. The conditions of attending the repeated General Meeting are identical to those of the original General Meeting. The repeated General Meeting will have a quorum on all items of the original agenda, regardless of the number of attending shareholders.

Registration begins at the place of the General Meeting at 9:00 AM on the scheduled date of the General Meeting. In the event that the General Meeting is to be repeated, registration begins at 10:30 AM on the date of the repeated General Meeting.

Agenda of the General Meeting:

1. Election of the officers of the General Meeting (teller of votes and person confirming the minutes)
2. Report of the Board of Directors on the business and financial state of the Company in 2023
3. Report of the Supervisory Board on the 2023 accounts according to IFRS and the proposal of the Board of Directors for the utilisation of the after-tax profit
4. Report of the Audit Committee on the 2023 accounts according to IFRS and the proposal of the Board of Directors on the utilisation of the after-tax profit
5. Report of the auditor on the 2023 accounts according to IFRS and the proposal of the Board of Directors on the utilisation of the after-tax profit.
6. Approval of the 2023 accounts according to IFRS
7. Decision on the use of the after-tax profits and declaring dividends
8. Approval of the 2023 Corporate Governance Report
9. Evaluation of the work of the Board of Directors in the 2023 fiscal year; decision to grant discharge of liability
10. Advisory vote on the Remuneration Report related to the 2023 financial year
11. Election of auditor
12. Authorisation of the Board of Directors for the acquisition of own shares
13. Authorisation of the Board of Directors to increase the share capital
14. Decision on the remuneration of the members of the Board of Directors, of the Supervisory Board and of the Audit Committee
15. Decision to grant discharge of liability
16. Changes in member(s) of the Board of Directors
17. Changes in member(s) of the Supervisory Board
18. Changes in member(s) of the Audit Committee
19. Amendment of the articles of association and approval of the amended and restated articles of association
20. Approval of the bylaws of the Supervisory Board
21. Miscellaneous

Proposals relating to the items on the agenda of the General Meeting, the respective opinions of the Supervisory Board and the Audit Committee regarding said proposals, the documents to be submitted to the General Meeting, the proposed resolutions, aggregated data on the total number of shares and the proportion of voting rights (including a report on the different classes of shares) and the form used when a shareholder votes through an authorised proxy shall be available electronically by the latest on 5 April 2024 on the Company’s website (www.autowallis.com), on the website of Budapesti Értéktőzsde Zrt. (Budapest Stock Exchange Ltd.) (www.bet.hu) and on the information storage system operated by the Hungarian National Bank (MNB) (www.kozzetetelek.mnb.hu).

Shareholders holding at least 1% of the voting rights may, within 8 days of the date of publication of this Invitation, request the Board of Directors in writing, indicating the reason and complying with the rules on the detailedness of the agenda, to place an item on the agenda of the General Meeting. They may furthermore table a proposal for a decision regarding the items already on the agenda or a proposed agenda item. The Board of Directors is required to publish a notice on the amended agenda and the tabled resolutions submitted by the shareholders after the proposals were notified to them. The matter included in the notice shall be considered part of the agenda.

The Board of Directors must provide all necessary information regarding the matters listed on the agenda to all shareholders at their request submitted at least 8 days prior to the commencement of the General Meeting latest 3 days prior to the commencement of the General Meeting. The disclosure of information may only be refused if, in the opinion of the Company, it would adversely affect its business secrets, unless the Board of Directors is obliged to disclose said information by a resolution passed in the General Meeting. When exercising the right to request information, shareholders may access the Company’s books and other business documents only to the extent authorised by the Board of Directors. The provision of information which does not contain business secrets may not be subject to any limitation. Shareholders are obliged to keep confidentially the Company’s business secrets. Damages incurred as a consequence of any breach of this obligation shall be compensated by the shareholder under Section 6:519 of the Civil Code.

Shareholders may notify the Board of Directors by email at info@autowallis.hu by 4:00 PM on 19 April 2024, if they wish to submit a letter of authorisation for the General Meeting by using a form.

Participation in the General Meeting and exercising voting rights are subject to the following:

1. Identification of shareholders. The right to exercise the shareholder’s rights should be established based on the official identification of the shareholders on the 5^th trading day before the General Meeting (19 April 2024). The name of the shareholder or his/her proxy is to be registered in the share register by 6:00 PM on the 2^nd (second) working day before the date of the General Meeting at the latest. Only persons whose name is included in the share register at the time of its closing are entitled to exercise shareholders’ rights at the General Meeting.
2. The ownership of shares and the voting rights held by the shareholder does not violate the provisions of the Articles of Association.

Closing the share register does not limit the right of the person entered in the register to transfer his/her shares after closing the register of shareholders. The transfer of shares prior to the date of the General Meeting shall not preclude the right of the person registered in the register of shareholders to attend the General Meeting and exercise his/her rights as a shareholder.