Resolutions of
Adoption of the financial statements
The financial statement and related consolidated financial statement for the financial year 2021 were adopted.
Use of the profit shown on the balance sheet and resolution on the payment of dividend
The parent company's distributable funds on the
Resolution on discharge from liability for the members of the Board of Directors and the CEO
The members of the Board of Directors and the Chief Executive Officer were discharged from liability for the financial year 1 January-
Remuneration Report for Governing Bodies
The Remuneration Report was approved.
Resolution on the remuneration of the members of the Board of Directors
The members of the Board of Directors will be paid remuneration as follows:
- Board members independent of the Company are paid
EUR 22,500 per term for their service on the Board. -
Chair of the Board is paid
EUR 30,000 per term for service on the Board. -
Members of the Audit Committee are paid
EUR 2,500 per term for their service in the Audit Committee
Forty (40) % of yearly remuneration is settled with the Company's shares. Remaining amount of remuneration is settled with cash.
Shares for remuneration are acquired from the
In case the acquisition of shares is not possible for example due the lack of liquidity of the shares at the time and by the mean mentioned above. The portion of the remuneration that cannot be paid in shares may be paid in cash.
The shares acquired for Board members are not to be sold before three years from the purchase, or before the membership of the Board has ended, whichever is later.
Resolution on the number of members of the Board of Directors
The number of the members of the Board of Directors was confirmed as eight (8).
Election of the members of the Board of Directors
Resolution on the remuneration of the Auditor
The elected auditor will be reimbursed in accordance with the auditor' invoice approved by the company.
Election of the Auditor
Authorised Public Accountant Firm KPMG Oy Ab was elected as the Company's Auditor, with APA Tuomas Ilveskoski as an auditor in charge, until the close of the next Annual General Meeting.
Authorising the Board of Directors to decide on the acquisition of the Company's own shares
The Board of Directors was authorised to decide on the acquisition or acceptance as pledge, of a maximum of 1,300,000 of the Company's shares (corresponding to 9.39% of the Company's shares).
The shares may be acquired in public trading on the marketplace maintained by
There must be a weighty economic reason for the acquisition of shares, such as the use of shares or special rights to develop the Company's capital structure, as consideration in corporate acquisitions or other restructuring, to finance investments, as part of the Company's incentive plan or remuneration of board of directors.
The acquisition or acceptance as pledge of Company's own shares will reduce the amount of the Company's reserves of unrestricted equity.
The authorisation is valid until
The authorisation superseded the authorisation for acquisition of the Company's own shares issued on
Amendment to the Remuneration Policy for Governing Bodies
It was approved, that the remuneration policy approved at the Annual General Meeting on
The amendments are in accordance with the new remuneration regulations applicable for the Company.
Board of Directors
Further information:
+358 50 569 3416
daniel.pasternack@eabgroup.fi
+358 40 544 2502
therese.cedercreutz@miltton.com
DISTRIBUTION:
The main news media
www.eabgroup.fi
https://news.cision.com/eab-group-oyj/r/resolutions-of-eab-group-plc-s-annual-general-meeting-and-the-organizing-meeting-of-eab-group-plc-s-,c3542237
(c) 2022 Cision. All rights reserved., source