PRESS RELEASE, Värnamo
At Bufab’s Annual General Meeting (AGM) which was held today on 21
Adoption of the income statements and balance sheets and resolutions on appropriation of the company's profit and discharge from liability
The income statements and balance sheets for the company and the group were adopted, together with the Board of Directors` proposal for appropriation of the company's profit. The dividend was determined to
Board of Directors, remuneration to the Board members and auditor
In accordance with the Nomination Committee's proposal, the AGM resolved that the Board of Directors shall consist of seven members elected by the meeting and no deputies. The AGM further resolved, in accordance with the Nomination Committee’s proposal, that the fees to the Board members shall amount to
In accordance with the Nomination Committee’s proposal, the AGM resolved on re-election of the Board members
The AGM resolved in accordance with the Nomination Commottee’s proposal, for the period up to and including the next Annual General Meeting, on re-election of Öhrlings
Principles for appointment of the Nomination Committee
In accordance with the Nomination Committee’s proposal, the AGM resolved on principles for the appointment of the Nomination Committee and for its assignment, which correspond to the previously applicable principles.
Remuneration report
The AGM approved the Board of Directors’ report regarding compensation pursuant to Chapter 8, Section 53 a of the Swedish Companies Act.
Long-term share based incentive program
In accordance with the Board of Directors’ proposal, the AGM resolved to adopt a long-term share based incentive program based on call options, comprising the CEO, senior executives and other key employees within the group. The program shall comprise a maximum of 200,000 call options, corresponding to approximately 0.5 per cent the total number of shares and votes in the company. The purchase price for the call options shall correspond to the market value of the options at the time of transfer. Each call option entitles the holder to acquire one share in
In order to encourage participation in the program, the Board of Directors may resolve on a subsidy in the form of gross salary additions, which is subject to the participant remaining in its employment in
Authorisation to transfer shares in the company
In accordance with the Board of Directors’ proposal, the AGM resolved to authorise the Board of Directors to, on one or more occasions during the period up until the next Annual General Meeting, resolve upon transfer of the company’s own shares.
For more information, please contact:
Marcus Söderberg, CFO,
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Attachment
Bufab AB - AGM 2022 - AGM bulletin
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