Latour’s Annual General Meeting

The Annual General Meeting of Investment AB Latour (publ) on 11 May 2020 decided the following:

• to distribute a dividend of SEK 1.25 per share,

• to re-elect Anders Böös, Mariana Burenstam Linder, Carl Douglas, Eric Douglas, Johan Hjertonsson, Olle Nordström, Lena Olving and Joakim Rosengren to the board. Olle Nordström was elected chairman of the board,
   
• to appoint Ernst & Young AB as the company’s accountant firm until the end of the Annual General Meeting 2021,
   
• to amend the company’s Articles of Association so that the Board is allowed to collect powers of attorney in accordance with the procedure described in Chapter 7, paragraph 4 of the Companies Act and allowing the Board to decide that shareholders shall have the right to provide their votes before a General Meeting. Further, a few editorial amendments are made to comply with current legislation,
   
• to give the board, for the period until the next Annual General Meeting, authorization to decide on the repurchase of own shares up to a maximum of 10 percent of the share capital as well as the transfer of own shares as payment for acquisitions and/or to use these in connection with the company’s call option program,
   
• to adopt proposed guidelines for salary and other remuneration to senior executives within the Latour group,

• to authorize the board to offer senior officers the opportunity to acquire call options on market terms for a maximum of 900,000 B shares, corresponding to no more than 0.14 percent of the total number of company shares. The decision means that shares can be sold with a deviation from shareholders’ preferential rights according the conditions for the call options,
  
  The board's decision to use its repurchase authorization
  The board decided at the following constitutional board meeting to use its repurchase authorization to buy back Latour shares. The shares may be acquired from 12 May 2020 until the next Annual General Meeting for a price within the registered price interval on the Nasdaq OMX Stockholm at the time of acquisition.
  
  Göteborg 2020-05-11
  Investment AB Latour (publ)
  Johan Hjertonsson, CEO
  
  
  For further information please contact CEO Johan Hjertonsson or CFO Anders Mörck, tel. +46 31-89 17 90.