Latour’s Annual General Meeting

The Annual General Meeting of Investment AB Latour (publ) on 10 May 2021 decided the following:

• to distribute a dividend of SEK 3.00 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. To elect Ulrika Kolsrud 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 2022,
   
• to amend the company’s Articles of Association by removing paragraph 12, that allows the Board of Directors 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, whereby former paragraph 13 becomes paragraph 12 and former paragraph 14 becomes paragraph 13,
   
• to approve the Board's remuneration report,
   
• 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 authorize the board to offer senior officers the opportunity to acquire call options on market terms for a maximum of 1,000,000 B shares, corresponding to no more than 0.16 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, in order to ensure delivery in the company’s call option program. A maximum of 300,000 class B shares may be acquired from 11 May 2021 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 2021-05-10

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.