The Annual General Meeting ("AGM") of
Adoption of the income statement and the balance sheet
The AGM resolved to adopt the income statement and the balance sheet and the consolidated income statement and the consolidated balance sheet.
Allocation of profit
The AGM resolved that all funds available for the AGM shall be carried forward.
Discharge of liability
The Board of Directors and the CEO were discharged from liability for the financial year 2023.
Election of the Board of Directors, auditor and remuneration
The AGM resolved, in accordance with the Nomination Committee's proposal, that the Board of Directors shall consist of eight directors and that the number of auditors shall be one registered audit firm.
It was further resolved, in accordance with the Nomination Committee's proposal, that the remuneration to directors, shall be
270,000 SEK for each of the non-employed directors,800,000 SEK to the Chair;
100,000 SEK for each member of the Audit Committee and225,000 SEK to the Chair of the committee;
75,000 SEK for each member of the Remuneration Committee and175,000 SEK to the Chair of the committee; and
75,000 SEK for each member of the Strategy Committee and175,000 SEK to the Chair of the committee.
Remuneration to the auditor is to be paid according to approved invoice.
In accordance with the Nomination Committee's proposal,
Ernst & Young Aktiebolag was re-elected as the Company auditor. Ernst & Young Aktiebolag has announced that the authorized accountant
Adoption of principles for the nomination committee
The AGM resolved, in accordance with the Nomination Committee's proposal, to adopt principles for the nomination committee, which shall have effect until any changes are decided by the General Meeting.
Authorisation for the board to issue shares, convertibles and/or warrants
The AGM resolved, in accordance with the Board of Directors' proposal, to authorize the Board of Directors until the next AGM, on one or more occasions, with or without preferential rights for shareholders, to issue in total a maximum of shares, regardless of share class, warrants and/or convertibles, with the right to subscribe and convert to the respective share class in the Company, corresponding to not more than 10 percent of the share capital of the Company based on the number of shares at the time when the authorization is used for the first time.
Amendment to the long-term incentive program 2023/2027
The AGM resolved, in accordance with the Board of Directors' proposal, to amend the performance based Restricted Stock Unit (“RSU”) program for the Senior Executives and other
The RSUs vest over three years, from the date of allotment to
The resolution covers a maximum of 377,543 RSUs (which constitutes 15 percent of the total number of RSUs in LTIP 2023/2027) and a maximum of 11 participants but implies no further dilution for existing shareholders, or additional costs for
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