Bulletin from the Annual General Meeting in Edgeware AB (publ) on 12 April 2017
Stockholm – The following decisions were passed, among others, at the Annual General Meeting (the “AGM”) in Edgeware AB (publ) on 12 April 2017. The board of directors’ complete proposals have previously been published and is available at the company’s website: corporate.edgeware.tv.
Approval of the annual report, appropriation of result and discharge from liability
The AGM decided to adopt the income statement and balance sheet, consolidated income statement and balance sheet for 2016. Furthermore, it was decided that the company’s results shall be carried forward and thus no dividend will be distributed. The AGM also decided to discharge the board members and the managing director from liability.
Number of board members and auditors, election of board members and auditors and fees to the board members and auditors
The AGM decided that the number of board members, appointed by the shareholders’ meeting, should be six without deputies. Michael Ruffolo, Staffan Helgesson, Jason Pinto, Sigrun Hjelmqvist, Kent Sander and Karl Thedéen were re-elected members of the board. Lukas Holm has declined re-election. Michael Ruffolo was re-elected chairman of the board.
The AGM decided that the number of auditors shall be one without deputies. Deloitte AB was re-elected as the company’s auditor.
The AGM decided that the remuneration to the board of directors shall amount to SEK 1,450,000 to be allocated with SEK 500,000 to the chairman of the board and SEK 175,000 to each other member of the board of directors. Remuneration for committee work in the audit committee shall be paid with in total a maximum of SEK 60,000 (whereof SEK 30,000 to the chairman of the committee and SEK 15,000 to each of the other two members) and remuneration for committee work in the remuneration committee shall be paid with in total a maximum of SEK 15,000 to the chairman of the committee. Remuneration to the auditor will be on current account.
Resolution regarding the nomination committee and guidelines for remuneration and other terms of employment for the group management
The AGM decided in accordance with the proposed principles for the appointment of the nomination committee and the board of directors’ proposal regarding guidelines for remuneration and other terms of employment for the group management.
For more information, please contact:
Richard Berg, General Counsel, richard.berg@edgeware.tv; +46702853157
Gunilla Wikman, Investor Relations Manager, gunilla.wikman@edgeware.tv; +46707638125
About Edgeware
Edgeware offers leading operators and content owners the tools to deliver modern TV services on a huge scale and at a low cost. Edgeware’s unique technology gives control and insight back to the content provider as well as an outstanding viewing experience. In recent years Edgeware has experienced rapid growth, reaching sales of SEK 252 million in 2016.
Edgeware is headquartered in Stockholm, Sweden, has a subsidiary in the US and offices in Hong Kong and Mexico. Edgeware also has sales and technical sales suppoty staff in Belgium, Brazil, Germany, the Netherlands, Singapore, Spain, Switzerland and the UK.
For more information, visit corporate.edgeware.tv