To the shareholders of Nustay A/S The board of directors hereby convenes the annual general meeting of Nustay A/S, CVR no. 36 09 03 16, (the "Company"), to be held on: Monday 31 August 2020 at 11:00 (CEST) at Gorrissen Federspiel Advokatpartnerselskab, Axeltorv 2, DK-1609 Copenhagen V, Denmark   Agenda 1.           Election of chairman of the meeting 2.           The board of directors' report on the Company's activities in the past financial year 3.           Presentation of the Company' annual report for 2019 for adoption 4.           Resolution concerning the appropriation of profits or losses as recorded in the adopted annual report 5.           Election of members to the board of directors 6.           Election of auditor 7.           Any proposals from the board of directors or shareholders  a. Change of name for the Company's share register keeper 8.           Any other business --- Items on the agenda, including complete proposals Item 1: Election of chairman of the meeting The board of directors will elect the chairman of the general meeting.  Item 2: The Board of Directors' report on the Company's activities in the past financial year The board of directors proposes that the report on the Company's activities in 2019 be noted by the general meeting. Item 3: Presentation of the Company's annual report for 2019 for adoption The board of directors proposes that the Company's annual report for 2019 be adopted. Item 4: Resolution concerning the appropriation of profits or losses as recorded in the adopted annual report The board of directors proposes that no dividend be distributed for financial year 2019. Item 5: Election of members to the board of directors The board of directors proposes to re-elect Simon Skouboe, Christian Strøjer, Mathias Lundø Nielsen and Carl Erik Skovgaard to the board of directors. A description of the competencies and other executive functions in Danish and foreign companies held by the candidates proposed to the board of directors is attached as Appendix 1 to the notice to convene. Item 6: Election of auditor The board of directors proposes that the Company's current auditor, Deloitte Statsautoriseret Revisionspartnerselskab, be re-elected. Item 7: Any proposals from the board of directors or shareholders The board of directors has submitted proposal 7.a below, and no proposals have been submitted by shareholders. a. Change of name for the Company's register of shareholders keeper The Board of Directors proposes that articles 2.5, 6.9 and 6.11 of the articles of association be amended to reflect that the Company's register of shareholders keeper now is VP Securities A/S after the recent merger between VP Securities A/S and VP Investor Services A/S. Adoption of the proposal will result in updated articles 2.5, 6.9 and 6.11 with the following wording: 2.5 Selskabets ejerbog The Company's register of shareholders is kept føres af VP by VP Securities A/S, CVR no. 21599336. Securities A/S, CVR -nr. 21599336. 6.9 Enhver aktionær er Any shareholder who has requested an admission berettiget til at card no later than two days before the general deltage i en meeting or has sent an instrument appointing a generalforsamling, proxy so that it is received by VP Securities når vedkommende A/S no later than two days before the general senest to dage før meeting will be entitled to attend the meeting. generalforsamlingens Shareholders unable to attend may vote by postal afholdelse har ballot. The postal ballot must be received by VP anmodet om Securities A/S no later than 4.00pm on the day adgangskort eller before the general meeting. har afgivet en fuldmagt, som er modtaget af VP Securities A/S senest to dage før generalforsamlingen. En aktionær, der ikke kan deltage i en generalforsamling, kan afgive en brevstemme. En brevstemme skal være modtaget af VP Securities A/S senest kl. 16.00 dagen før generalforsamlingen. 6.11 Registreringsdatoen The date of registration is one week before the er én uge før date of the general meeting. The number of generalforsamlingens shares held by a shareholder is calculated on afholdelse. De the registration date on the basis of the aktier, den enkelte information in the register of shareholders and aktionær besidder, information about ownership that the bank and/or opgøres på VP Securities A/S has received but that has not registreringsdatoen yet been entered in the register of på baggrund af shareholders. notering af aktionærens kapitalejerforhold i ejerbogen samt meddelelser om ejerforhold, som banken og/eller VP Securities A/S har modtaget med henblik på indførsel i ejerbogen, men som endnu ikke er indført i ejerbogen. --- Majority requirements The proposal on the agenda in items 7.a shall be adopted by 2/3 majority of votes cast as well as of the share capital represented at the extraordinary general meeting. All other proposals on the agenda may be adopted by a simple majority of votes. Share capital  At the time of the notice of the general meeting, the Company's nominal share capital is DKK 1,943,537.60, divided into shares of nominally DKK 0.04 each. Each share of DKK 0.04 carries one vote. Registration date and shareholders' voting rights The registration date is Monday 24 August 2020. The right of a shareholder to attend a general meeting and to vote is determined on the basis of the number of shares held by the shareholder at the registration date.  The shares held by each shareholder are determined at the registration date based on the number of shares held by that shareholder as registered in the Company's register of shareholders and on any notification of ownership received by the Company at the registration date for the purpose of registration in the Company's register of shareholders, which have not yet been registered. Participation is conditional upon the shareholder having obtained an admission card in due time as described below. Admission cards Shareholders who are entitled to attend the general meeting and who wish to attend the general meeting must request an admission card no later than on Thursday 27 August 2020 at 23:59 (CEST). Admission cards for the general meeting may be obtained by one of the following ways: · Electronically through the "InvestorPortal" under the menu "Investor" on the Company's website, https://investor.nustay.com. · In writing by using the registration form, which is available on the Company's website, https://investor.nustay.com/investor/#gm. The completed and signed form must be scanned and emailed to VP Securities A/S either by email to vpinvestor@vp.dk or by ordinary mail to VP Securities A/S, Weidekampsgade 14, DK-2300 Copenhagen S, Denmark.   Admission cards ordered will be distributed to the email address which has been stated on the registration form.  Admission cards and the related ballot papers must be printed and brought to general meeting. If it is not possible for you to print your admission card and ballot paper, please contact VP Securities A/S by email to vpinvestor@vp.dk. Proxy Subject to having requested an admission card, shareholders may attend the general meeting in person or by proxy. Proxies may be submitted by one of the following ways: · Electronically through the "InvestorPortal" under the menu "Investor" on the Company's website, https://investor.nustay.com. · In writing by using the proxy form, which is available on the Company's website, https://investor.nustay.com/investor/#gm. The completed and signed form must be scanned and emailed to VP Securities A/S either by email to vpinvestor@vp.dk or by ordinary mail to VP Securities A/S, Weidekampsgade 14, DK-2300 Copenhagen S, Denmark. Proxy forms must be received by VP Securities A/S no later than on Thursday 27 August 2020 at 23:59 (CEST). It is possible to submit either proxy or vote by correspondence, cf. below, but not both. The right to attend and vote by proxy is subject to presentation of appropriate identification. If appropriate identification is not presented, attendance and/or voting right may be rejected. Voting by correspondence Shareholders who are not able to attend the general meeting may vote by correspondence. Votes by correspondence may be submitted by one of the following ways: · Electronically through the "InvestorPortal" under the menu "Investor" on the Company's website, https://investor.nustay.com. · In writing by using the voting by correspondence form, which is available on the Company's website, https://investor.nustay.com/investor/#gm. The completed and signed form must be scanned and emailed to VP Securities A/S either by email to vpinvestor@vp.dk or by ordinary mail to VP Securities A/S, Weidekampsgade 14, DK-2300 Copenhagen S, Denmark.   Votes by correspondence must be received by VP Securities A/S no later than on Sunday 30 August 2020 at 16:00 (CEST). It is possible to submit either proxy or vote by correspondence, cf. above, but not both. Additional information Until and including the day of the general meeting, additional information regarding the general meeting will be available on the Company's website, https://investor.nustay.com, including: · The notice to convene the general meeting, including the agenda and the complete proposals; · The proxy/voting by correspondence form for use in connection with voting by proxy or by correspondence; and · The aggregated number of shares and voting rights as of the date of the notice to convene the general meeting.   The general meeting will be held in English. Questions from the shareholders Shareholders may ask questions regarding the agenda and documents concerning the general meeting in writing prior to the general meeting by ordinary mail to the Company to the address Nyhavn 43B, DK-1051 Copenhagen, or by email to investor@nustay.com. Questions must be received no later than Thursday 27 August 2020. Personal data With regards to collection and processing of personal data, reference is made to the Company's information sheet on data protection in connection with general meetings, which is available on the Company's website, https://investor.nustay.com/investor/#gm. Copenhagen, 14 August 2020 Nustay A/S The board of directors Appendix 1: Description of the candidates for the board of directors Simon Christian Strøjer Skouboe Board candidate(current member Board of the board of directors) candidate (current chairman of the board of directors) Born 1982 Born 1985 Male Male Danish Danish nationality nationality   Independent Independent Other managerial Other duties managerial Simon Skouboe is duties the chairman of Christian the board of Strøjer is the directors in S3E chairman of ApS, Vigmas A/S, the board of KPR Towers directors of Holding ApS and Strøjer Tegl KPR Towers A/S, Strøjer A/S.In addition Ler A/S, to this, Simon Strøjer Skouboe is a Samlingen A/S, member of the Strøjer board of Holding ApS, directors in Karen & Jørgen Møllehegnet Strøjer Holding A/S, Holding ApS Selskabet af and Strøjer 6.April 2010 Tegl Systems ApS, Mølledammen A/S.In 4 ApS, Tiger addition to Infrastructure this, Pte. Ltd., Christian Skytem Surveys Strøjer is the ApS, Telcon A/S, CEO and member Anpartsselskabet of the board af 19/12 2008, of directors Anpartsselskabet in Strøjer af 5. Januar Capital ApS as 2010, Airborne well as member Instruments ApS, of the board Anpartsselskabet of directors af 30/3 2011, FS in Autooffer Holding Kolding ApS, Strøjer ApS, K/S Cars ApS and Joinflight V, Strøjer and also the CEO Ejendomme A/S. in Anpartsselskabet Former af 30. august managerial 2017 and JF V duties ApS. Simon Christian Skouboe is also Strøjer has the founder and previously CEO in SS been a member Holding Kolding of the board ApS and partner of directors in Henne Kirkeby in Melin Kro I/S and Kong Medical Hans Kælder I/S. Danmark ApS and Patientsky Former Danmark ApS. managerial duties Education Simon Skouboe Christian has previously Strøjer holds the chairman of a B.Sc in the board of business directors in administration Restaurant Kong from Hans Kælder A/S, University of and also CEO in Southern SS Holding Denmark. Kolding 2012 ApS and Carbon Nano Europe A/S.In addition to this, Simon Skouboe has been a member of the board of directors in Mølledammen 2 ApS, Mølledammen 3 ApS, Møllehegnet Mallorca ApS, Ortovision Composites ApS and Schou & Skouboe A/S. Education Simon Skouboe has an MSc in Economics and Business Administration from Copenhagen Business School.     Mathias Lundø Carl Erik Skovgaard Nielsen Board candidate Board (current member of candidate(current the board of member of the directors) board of directors) Born 1989 Born 1958 Male Male Danish Danish nationality nationality   Independent Non -Independent Other Other managerial duties managerial Carl Erik Skovgaard is duties a partner in DLA Piper Mathias Advokatpartnerselskab Lundø and chairman of the Nielsen is board of directors in the CEO of Cashbackpoint Nordic Nustay ApS, Cofur ApS, A/S.In Kulturretur A/S, addition to SPECTRAS A/S, NRT - this, Nordisk Røntgen Teknik Mathias A/S, Servicepoint A/S, Lundø Bykvalitet ApS, Bedre Nielsen is By ApS, Fyns Kran the CEO of Udstyr A/S, Epico-IT Tech Venture ApS, Multi Køl & Energi ApS, A/S, DS Triple A/S, Verified TFD, Total Finans Hotel Danmark A/S, TFD II, Booking ApS Total Finans Danmark and La Dolce A/S, EHJ Holding ApS, Vita Holding EHJ Energi A/S, ApS. Ejendomsselskabet MCR ApS, ProCon Technic Former A/S, AA Transport managerial -Service A/S, Alex duties Andersen. Ølund A/S, Mathias Danforel Olie & Protein Lundø A/S, Danforel A/S, Nielsen has Danforel Holding ApS, previously Danforel Udstyr A/S, been a Proby Ingredients A/S, member of Danaqua ApS, Jytas A/S, the board of Jytas Udlejning ApS, directors Carta Autofinans A/S, and Carta Leasing A/S, executive Carta Flexleasing A/S, management Carta Deleleasing A/S, of Firmainvest A/S, Scandinavian Firmainvest Holding E-shopping A/S, Spiger ApS, Passon ApS, Skycity Solutions ApS, Green A/S and Cotton Group Denmark HardCasa A/S, Unisense A/S, ApS, in Unisense Holding 2 A/S, which Unisense Enviroment company the A/S, LACE A/S, LACE online Holding A/S, Søbohus fashion Holding ApS, Veksø store -Taulov Holding ApS, HardCasa was ALEKSANDER PANTEBREVE developed A/S, Via Biler A/S, Via and the Biler Gruppen A/S, Via webshop Biler Ejendomme ApS, Danish Innovator A/S, Street Innovator REC Herning Fashion ApS, Innovater Rec N1 acquired, A/S, Innovator Rec 1 which were A/S, Innovater Aabyen both Rec A/S, Innovator Rec subsequently 3 A/S, Innovator Rec 4 sold in July A/S, Innovator Rec 5 2014. A/S, Ejendomsselskabet Amalievej ApS, Bjert Education Private Equity A/S, Mathias Bjert Invest A/S, Bjert Lundø Ejendomsudvikling A/S, Nielsen Bjert Ejendomme A/S, holds a CBL Design City Vest A/S, from Henley Bjert Erhvervsejendomme Business A/S, Bjert School. In Boligejendomme A/S, addition, Stutteri Evo ApS, Bjert Mathias Finans A/S, Bjert Lundø Trading ApS, Bjert Nielsen has Holding ApS, SELSKABET extensive AF 17.01.2014 A/S, experience SELSKABET AF 21. MAJ as keynote 2014 A/S, X-Mile ApS, X speaker on -Mile Holding A/S, R&D the use of Group A/S, R&D Test big data in Systems A/S, R&D Tools the travel and Structures A/S, R&D market and Engineering A/S, has given Mileage Book Group A/S, numerous Mileage Book ApS and lectures on Aarhus Projekt 1 ApS. notable tech conferences In addition to this, such as Carl Erik Skovgaard is Blockchain a member of the board Summit of directors in AMC London, ITU Lastbiler A/S, ProCon and TEDx. Group ApS, ProCon Wind Energy A/S, Alex Andersen Ølund Holding A/S, Au2mate A/S, Jørgen P. Potteplanteri A/S, ID Hair Company A/S, Kohsel A/S, Maass & Co. A/S, Scrouples A/S, WOCA Denmark A/S, SuperCore IVS, MBLS Holding A/S, Den Jyske Opera, Rhinix ApS, Patrade A/S, Skanderborgvej ApS, Cars A/S, Via Biler Udlejning A/S, Dkventure ApS, Conceptmaking ApS, Airteam A/S, Airteam Holding ApS, Airteam TopCo ApS, Ingemann Components A/S, Ingemann A/S af 1989, Ingemann Supply A/S and Ingemann Packaging A/S, and also a director in athome apartments ApS, Halmskov ApS, Advokatanpartsselskabet SkovSø, RTB Invest ApS, Ejendomsselskabet Kirstinehøj 62, Kastrup ApS, Merian Holding ApS, CES SH ApS, Jytas Projekt I ApS, Jytas Projekt II APS and Jytas Projekt III ApS. Education Carl Erik Skovgaard has a Master of Law degree from Aarhus University, and was admitted to the Danish Bar in 1985. In addition to this, Carl Erik Skovgaard holds a Diploma in Economics and Accountancy.Nustay