Resolution by Fabege’s Annual General Meeting on 29 March 2017
At the Annual General Meeting (AGM) of Fabege AB on March 29, 2017 the shareholders approved the Board’s proposal for 2016, a dividend of SEK 4.00 per share. The record date for payment of the dividend was set at March 31, 2017. It is expected that the dividend will be paid through Euroclear Sweden AB on 5 April 2017.
The AGM decided to re-elect the Board Members Anette Asklin , Anna Engebretsen , Eva Eriksson, Märtha Josefsson, Pär Nuder, Erik Paulsson, Mats Qviberg and elect Jan Litborn. Erik Paulsson was re-elected as Chairman of the Board.
The Meeting resolved in favour of the Board of Directors’ motion concerning principles for the remuneration and other employment terms and conditions for company management.
The AGM also decided to approve a payment of Directors’ fees totaling SEK 2,350,000, to be distributed as follows: SEK 800,000 to the Chairman of the Board, SEK 200,000 to the other Directors not employed by the company and SEK 150,000 for work in the Audit Committee, to be distributed as SEK 70,000 (70,000) to the Chairman and SEK 40,000 (40,000) each to the two members. It was decided that auditors’ fees should be paid in accordance with the approved invoice.
The AGM decided that the principles for the appointment of a Nominating Committee for the 2018 AGM are in accordance with the Nominating Committee’s proposal, i.e. that a Nominating Committee be appointed no later than six months before the 2018 AGM and consist of representatives for the four largest shareholders.
The AGM decided to elect the registered auditing firm of Deloitte AB as auditor, with Kent Åkerlund as auditor-in-charge.
The shareholders decided to authorise the Board, up to the time of the next AGM, to acquire and transfer the company’s own shares. Share buybacks are subject to a limit of no more than 10 per cent of the total number of outstanding shares at any time.
Fabege AB (publ)
For further information, please contact:
Christian Hermelin, CEO of Fabege, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25
Åsa Bergström, Deputy CEO and CFO, phone +46 (0)8-555 148 29, +46 (0)706-66 13 80
Fabege are a property company focusing on city district development and commercial properties. We develop attractive and sustainable districts with modern offices, housing and a broad range of services - together with strategic partners. Both our perspective and approach to ownership are long term and our passion is creating the right conditions for all those living, working and visiting our areas. We have a presence in a limited number of high-growth submarkets in the Stockholm region. Fabege’s shares are listed on Nasdaq Stockholm, in the Large Cap segment. For more information, www.fabege.com