Minutes from Annual General Meeting

The Annual General Meeting of AB Geveko was held on 28 April 2011 at Elite Park Avenue  Hotel in Göteborg, Sweden. The meeting was chaired by Finn Johnsson, the company’s Chairman and attended by 51 shareholders, representing 26,9% of the total number of shares and 68,5% of the votes.

The AGM adopted the parent company and consolidated profit and loss accounts and balance sheets. These are presented in Geveko’s Annual Report for 2010. The AGM discharged the members of the board of directors and the managing director from liability for the financial year.

Dividend
The AGM resolved in favour of a dividend of SKr 0 per share.

Elections
David Bergendahl, Klas Dunberger, Finn Johnsson, Åsa Söderström Jerring, Eva Kajser and Christer Simrén were re-elected. Finn Johnsson was elected chairman.

Fees
The AGM resolved that a fee of SKr 400,000 shall be paid to the chairman of the board and that each member shall receive SKr 150,000. The AGM also resolved that a fee of SKr 3,000 per meeting shall be paid for committee activities. The auditors will be paid on the basis of approved invocies in accordance with the exisiting agreement for the period 2008-2011.

Nomination Committee
The AGM adopted the proposals submitted concerning the Nomination Committee.

Guidelines for salaries and other remuneration of company management
The AGM resolved in favour of the guidelines for the remuneration of the company’s management.

Proposal for an employee option program for senior management
The AGM adopted the proposal submitted by the Board of Directors concerning an employee option program including repurchase and transfer of own shares.

Göteborg, Sweden April 29, 2011
The Board
AB GEVEKO (publ)

For further information: Mr Stefan Tilk, CEO and Managing Director
Phone: +46 31 172945, Mobile: +46 702 499 419

This information is such that Geveko must disclose in accordance with the Securities Markets Act. The information was submitted for publication on April 29, 2011 at 9.15 a.m.

AB GEVEKO (publ) Org.nr.: 556024-6844, Box 2137, S-403 13 Göteborg, Sweden Telephone +46 31 172945 info@geveko.se www.geveko.se

Tags: