NCAB Group AB (publ) (“Company”) held its Annual General Meeting on 13 May 2019 where mainly the following resolutions were adopted.
At the Annual General Meeting the presented profit and loss statement and the balance sheet and consolidated profit and loss statement and balance sheet were adopted. In accordance with the proposal of the board of directors and the managing director, the meeting resolved that the earnings available for distribution should be allocated as follows: 4,50 SEK per share shall be paid to the Company’s shareholders and the remaining amount shall be carried forward. The board of directors and the managing director were discharged from liability for the fiscal year 2018.
The meeting resolved that remuneration of in total SEK 2,775,000 shall be paid to the directors of the board. SEK 700,000 shall be paid to the chairman of the board of directors and that remuneration of SEK 350,000 shall be paid to each of the directors of the board, who are not employees of the group. The meeting resolved that for work in the audit committee, remuneration of SEK 150,000 shall, in addition to the board remuneration, be paid to the chairman and SEK 50,000 to each of the members in the committee, who are not employees of the group. The meeting resolved that for work in the remuneration committee, remuneration of SEK 25,000 shall, in addition to the board remuneration, be paid to each of the members in the committee, who are not employees of the group.
The meeting resolved that remuneration to the auditors shall be paid according to approved account.
The meeting resolved, in accordance with the nomination committee’s proposal, to re-elect Christian Salamon, Jan-Olof Dahlén, Per Hesselmark, Magdalena Persson, Hans Ramel, Gunilla Rudebjer and Hans Ståhl as directors of the board for the time until the next annual general meeting has been held.
Christian Salamon was re-elected chairman of the board of directors. The auditing firm Öhrlings PricewaterhouseCoopers AB was elected as the Company’s auditor, and has notified the Company that Johan Engstam will be appointed as auditor in charge.
The meeting established the nomination procedure for the nomination committee in accordance with the nomination committee’s proposal.
The meeting resolved, in accordance with the proposal of the board of directors, to adopt the remuneration policy for the CEO and other persons in the Company’s executive management.
The meeting resolved, in accordance with the proposal of the board of directors, to authorise the board of directors to, until the next annual general meeting, with or without deviation from the shareholders’ preferential rights, on one or several occasions resolve to issue new shares. The increase of the share capital may – where it entails a deviation from the shareholders’ preferential rights – correspond to a dilution of a maximum of 10 percent of the share capital at the time of the first use of the authorisation to issue new shares. Payment shall be made in cash. The authorisation shall primarily be used for the purpose of acquisitions or financing.
For further information, please contact:
Gunilla Öhman, IR Manager
Telephone: +46 707 63 81 25
E-mail: gunilla.ohman@ncabgroup.com