In accordance with the Swedish Companies Act, the General Meeting is the Company’s supreme decision-making body. At the General Meeting, shareholders may exercise their voting rights in key issues, for example the adoption of profit and loss statements and balance sheets, the allocation of the Company’s profit, the granting of discharge from liability to the Board of Directors and CEO, the election of members of the Board of Directors and auditors, and fees to the Board of Directors and auditors.
In addition to the Annual General Meeting, an extraordinary General Meeting may be convened. In accordance with the articles of association, notice of the Annual General Meeting or extraordinary General Meeting is published in Post- och Inrikes Tidningar and Svenska Dagbladet.
Right to attend General Meeting
All shareholders directly registered in the share register held by Euroclear Sweden AB five (5) working days before the General Meeting and who have notified the Company of their intention to attend the General Meeting (with assistants, where appropriate) by the date and time specified in the notice convening the General Meeting will be entitled to attend the General Meeting and vote according to the number of shares they possess.
Shareholders may attend the General Meeting in person or by proxy, and may also be assisted by a maximum of two (2) persons. Shareholders may normally register for the General Meeting in a variety of ways; these are indicated in the notice convening the meeting.
Initiatives from shareholders
Shareholders who wish to have an issue dealt with at the General Meeting must submit a written request for this to the Board of Directors. The request must normally have been received by the Board of Directors no later than seven (7) weeks prior to the General Meeting.