The Annual General Meeting of
Dividend
The Annual General Meeting resolved to not pay any dividend and that funds at the disposal of the Annual General Meeting are carried forward.
The Board of Directors and the auditor
The Annual General Meeting resolved on re-election of the Board members
The registered auditing firm
The Annual General Meeting further resolved on fees for board and committee work in accordance with the Nomination Committee's proposal, and that the auditor's fee shall be paid in accordance with approved invoices.
Incentive program
The Annual General Meeting resolved to implement an incentive program 2024/2027 to current and future senior executives in the Company and, where applicable, its subsidiaries by A) issuing warrants to the wholly-owned subsidiary
In short, the incentive program entails an issue of not more than 230,000 warrants. Each warrant entitles the holder to subscribe for one new share in the Company. If all warrants are exercised, the share capital will in-crease with not more than
Other
The Annual General Meeting resolved to adopt the Company's and the group's income statements and balance sheets and discharged the members of the Board of Directors and the CEO from liability for the 2023 financial year.
The Annual General Meeting resolved to adopt guidelines for remuneration to senior executives proposed by the Board of Directors, and to approve the Board of Directors remuneration report for 2023.
The Annual General Meeting resolved to authorise the Board of Directors, at one or several occasions until the next Annual General Meeting, to resolve on new issue of shares.
The Annual General Meeting resolved to authorise the Board of Directors, at one or several occasions until the next Annual General Meeting, under the terms outlined in the proposal, to resolve on acquisition and transfer of own shares.
The complete proposals for resolutions are available on the Company's website, https://balcogroup.se/investerare/bolagsstyrning/bolagsstamma.
For more information, please contact:
Michael Grindborn
CFO and Head of IR
+46 70 670 18 48
michael.grindborn@balco.se
https://news.cision.com/balco-group-ab/r/bulletin-from-balco-group-s-annual-general-meeting-2024,c3980550
https://mb.cision.com/Main/16052/3980550/2797068.pdf
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