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General Meetings

The general meeting is the Company’s highest decision-making body and the shareholders’ right to decide on the Company’s affairs is exercised at the general meeting (annual general meeting and extraordinary general meeting). The Swedish Companies Act and the Articles of Association specify how notice of the AGM and EGM should be given and who is entitled to attend and vote at the AGM. The AGM shall be held within six (6) months of the end of the financial year. The AGM decides on the adoption of the income statement and balance sheet for the Company, the appropriation of the year’s profit or loss according to the adopted balance sheet, the discharge of the board of directors and the CEO from liability for the financial year, the appointment of board members and auditors, the remuneration of board members and auditors, and decisions on certain other matters in accordance with the law and the articles of association.

Shareholders who wish to participate in a general meeting must be entered in the share register maintained by Euroclear on the record date for the general meeting and notify the Company of their participation no later than the time and date specified in the notice of the meeting. Shareholders may attend the general meeting in person or by authorised representative. Shareholders or proxies may be accompanied by a maximum of two assistants. Usually, shareholders can register for the general meeting in several different ways, which are specified in the notice of the meeting. Shareholders are entitled to vote for all the shares they hold in the Company. Shareholders whose shares are registered with a bank or other nominee must, in addition to informing the Company, request that their shares be temporarily registered in their own name in the share register maintained by Euroclear, to be entitled to participate in the general meeting. Shareholders should inform their nominees well in advance of the record date. Shareholders who wish to have a matter considered at the general meeting should request this in writing to the board of directors. The request must normally be received by the Board of Directors no later than one week before the earliest date on which the notice may be issued in accordance with the Swedish Companies Act. Each shareholder who notifies a matter with sufficient advance notice is entitled to have a matter dealt with at the general meeting.

General meetings archive