resolutions at the annual general meeting 2020

At today’s annual general meeting of Akelius Residential Property AB resolutions were taken to inter alia pay dividends and to change the articles of association.
It was hence decided

to adopt the profit and loss statement and the balance sheet as well as the consolidated profit and loss statement and the consolidated balance sheet;

in accordance with the proposal of the board to pay dividend in an amount of EUR 0.10 per class D ordinary share.
In total, the distribution of profits on class D ordinary shares shall be paid in the amount corresponding to EUR 22,000,000.
The dividend shall be divided into four payments of EUR 0.025 per class D ordinary share at the respective dividend payment date.
The record dates are proposed to be on 2020‑05‑05,
2020‑08‑05,
2020‑11‑05 and
2021‑02‑05.
The dividend is expected to be paid through Euroclear Sweden AB on 2020‑05‑08,
2020‑08‑10,
2020‑11‑10 and
2021‑02‑10 respectively;

in accordance with a proposal from shareholders of all class A ordinary shares to pay dividend in an amount of EUR 0.03 per class A ordinary share.
In total, the distribution of dividends on class A ordinary shares will be paid in the amount of EUR 95,754,274.
The board is authorized to determine the reconciliation date and payment date for the distribution of dividend on the class A ordinary shares.
It was noted that this amount was lower than the dividend originally proposed by the board on the class A ordinary shares;

in accordance with the proposal of the board to balance the remaining recorded profit on a new account;

in accordance with the proposal of the board to give rights to dividend to all class D ordinary shares,
which could be issued according to the annual general meeting’s authorization under item 12,
not more than 110,000,000 class D ordinary shares,
on the record date occurring after registration of the share issue with the Swedish Companies Registration Office and registration of the class D ordinary shares in the share register kept by Euroclear Sweden AB;

to discharge the members of the board and the managing director from liability;

to pay fees in the amount of SEK 500,000 to the chairman of the board and of SEK 300,000 to each of the regular board members.
No fees will be paid to board members employed in the group;

to pay fees to the auditors according to the approved invoices;

that the board of directors shall consist of five regular members and no deputy board members;

that the company shall continue to have a registered auditing firm as auditor;

to re-elect Pål Ahlsén, Igor Rogulj, Anders Lindskog and Lars Åhrman as members of the board of directors,
and to elect Kerstin Engström as new board member;

that the board of directors elects one of its members as chairman of the board;

to re-elect the registered auditing firm EY AB to be the auditor of the company;

to change the Company’s articles of association in order to remove the share class preference shares,
and to execute certain editorial changes;

in accordance with the proposal of the board to authorize the board, on one or several occasions during the period until the annual general meeting 2021,
with or without deviation from the shareholders’ preferential rights, resolve on new issues of in total not more than 110,000,000 class D ordinary shares against payment in cash,
with provisions of payment in kind or set-off of claims or other conditions.

Stockholm, 2020-04-03

Pål Ahlsén
CEO
+46 768 07 97 02
pal.ahlsen@akelius.se

In the event of conflict in interpretation or differences between this notice and the Swedish version, the Swedish version shall have priority.

This information is information that Akelius Residential Property AB (publ) is obliged to make public pursuant to the Securities Markets Act.

Akelius Residential Property AB’s D-shares are listed on Nasdaq First North Growth Market Stockholm.
Avanza Bank is the Certified Adviser of the company, ca@avanza.se, +46-8-409 421 20.