Notice of the Ordinary and Extraordinary General Shareholders’ meetings

Notice of the ORDINARY and EXTRAORDINARY GENERAL SHAREHOLDERS' MEETINGS of the company "U1ST SPORTS S.A." to be held both onsite  and online (by means that allow permanent voice and image recognition, and require a connection link which shall be provided to those shareholders who request it) at first call on June 12th 2023 at 4.00 pm, at the registered office located at Calle Colombia 12 St., Madrid or, as the case may be, at second call 24 hours later at the same address and at the same time, with the following AGENDA;

Ordinary matters

1. Examination and approval, as the case may be, of the audited individual and consolidated Annual Accounts for the fiscal year ended on December 31st, 2022.

2. Approval, as the case may be, of the application of the result for the fiscal year 2022.

3. Examination and approval, as the case may be, of the management of the Board of Directors during the fiscal year ended on December 31st, 2022.

Extraordinary matters

4. Removal/Appointment/Re-election of Directors.

5. Remuneration of Directors.

6. Capital reduction in the amount of 220,390 € for the amortization of 22,039 treasury shares with a nominal value of 10 € each. Director’s report. Renumbering of shares. New wording of article 5 of the articles of association.

7. Authorization to the Board of Directors to purchase and sell up to 50,000 shares to shareholders or third parties, and waiver, if applicable, of the shareholders' right of first refusal on such sales and any other right over such shares, including those arising from shareholders' agreements.

Common matters

8. Authorization for the full development and execution of the resolutions adopted, expressly including usage of the powers to interpret, correct and complete the resolutions, as well as their elevation to public documents.

9. Please and Queries.

10. Drafting, Reading and Approval of the minutes of the Meeting.

The right to information of the Shareholders shall be regulated in accordance with the provisions of Article 197 of the Spanish Corporate Enterprises Act. The attendance, representation and voting rights of shareholders shall be regulated in accordance with the provisions of the Spanish Corporate Enterprises Act and the Company’s Articles of Association/Bylaws. Pursuant to the provisions of Article 182 of the Spanish Corporate Enterprises Act, shareholders who intend to attend the meeting by telematic means must notify the Chairman of the Board of Directors in writing and by e-mail - with a record of its content and receipt - before the seventh calendar day prior to the date of the meeting. Interventions and proposed resolutions from shareholders who intend to attend by telematic means must be sent to the Company at least three calendar days prior to the date of the meeting. Responses to online-attending shareholders or their proxies/representatives who exercise their right to information during the meeting, shall be made during the meeting itself or in writing within seven days of the end of the meeting.

Approval - Signed: Kirtachi Participaciones S.L.

Miguel Alfageme González-Úbeda (Legal Representative)

Chairman of the Board of Directors.