Notice of Extraordinary General Meeting in Inwido AB
The shareholders of Inwido AB (publ) are hereby invited to attend the Extraordinary General Meeting (“EGM”) to be held on Monday 20 November 2017 at 4.00 p.m. CET, at Inwido’s head office, Engelbrektsgatan 15 in Malmö. Registration of attendance commences at 3.45 p.m. The notice is available at www.inwido.com where shareholders also can notify the company of their intention to attend the EGM.
Right to attend
Shareholders who wish to attend the EGM must:
- be recorded in the share register for the company maintained by Euroclear Sweden AB, as of Tuesday 14 November 2017, and
- notify the company of their intention to attend the EGM Tuesday 14 November 2017 at the latest, preferably before 4.00 p.m. CET.
In order to participate in the EGM, shareholders with nominee-registered shares should request their bank or broker to have the shares temporarily owner-registered with Euroclear Sweden AB by Tuesday 14 November 2017. Shareholders therefore are requested to notify their bank or broker in due time before 14 November 2017.
Notice of attendance
Notice of attendance at the EGM shall be made through the website www.inwido.com, in writing to Inwido AB (publ), Engelbrektsgatan 15, 211 33 Malmö, Sweden or by email to firstname.lastname@example.org. The notice of attendance shall state name, personal (or corporate) identity number, shareholding, telephone number and name of proxy and/or advisor, if any. Shareholders represented by proxy should submit a power of attorney to the company before the EGM. A proxy form is available at the company and on the company’s website, www.inwido.com. Representatives of a legal entity shall present a copy of the certificate of registration or similar document of authorization.
Proposal for agenda
1. Opening of the meeting
2. Election of chairman of the meeting
3. Preparation and approval of the voting list
4. Approval of the agenda
5. Election of one or two persons to approve the minutes
6. Determination of compliance with the rules of convocation
7. Election of Board member and as Chairman of the Board
8. Establishment of fees to the Board of Directors
9. Closing of the meeting
Proposal by the Nomination Committee (item 2 and 7-8)
The Nomination Committee proposes that acting Chairman of the Board, Anders Wassberg, is appointed as Chairman of the EGM.
Inwido’s former Chairman of the Board, Arne Frank, suddenly passed away during the summer 2017. For this reason, the Nomination Committee in Inwido has, during the fall of 2017, worked intensively to identify a new Chairman of the Board to succeed Arne Frank.
The Nomination Committee proposes election of Georg Brunstam as new Board member and Chairman of the Board, for the period up until the end of the next Annual General Meeting. If the EGM resolves in accordance with the proposal by the Nomination Committee, the Board of Directors will consist of Georg Brunstam, Benny Ernstson, Sisse Fjelsted Rasmussen, Astrid Simonsen Joos and Anders Wassberg.
Georg Brunstam was born 1957 and holds a Master in Science (Eng.). Georg Brunstam is today Chairman of Hexpol AB and Board member of Melker Schörling AB, Nibe Industrier AB and Beckers Industrial Coatings Holding AB. Georg Brunstam has been active in the manufacturing industry for more than 30 years, most recently as President and CEO of Hexpol.
Georg Brunstam is independent in relation to the company’s major shareholders, the company and company management. Georg Brunstam does not currently hold any shares or other financial instruments in the company.
In addition, the Nomination Committee proposes that the Chairman and committee fees that were resolved by the AGM on 9 May 2017, shall continue to apply and, as applicable, be divided pro rata in relation to the date of the respective shareholders’ meetings’ election of Chairman of the Board.
Documents and other information
The Nomination Committee’s proposal and reasoned statement are available on the company’s website, www.inwido.com, as from 30 October 2017.
The Board and the CEO shall at the EGM, if any shareholder so requests and the Board believes that it can be done without significant harm to the company, provide information regarding circumstances that may affect the assessment of items on the agenda.
The total number of shares in the company amounts to 57,967,528. The company has only one series of shares and the total number of votes in the company amounts to 57,967,528.
Malmö in October 2017
The Board of Directors of Inwido AB (publ)
For more information, please contact:
Peter Welin, CFO Phone: 46(0)70-324 3190 or 46(0)10-451 45 52
Inwido is Europe’s largest supplier of windows and a leading door supplier. The company has operations in Denmark, Finland, Norway, Sweden, Austria, Estionia, Ireland, Lithuania, Poland and the UK, as well as exports to a large number of other countries. The Group markets some 20 strong local brands including Elitfönster, SnickarPer, Hajom, Hemmafönster, Outline, Tiivi, Pihla, Diplomat and Sokolka. Inwido has approximately 4,000 employees and generated sales of slightly more than SEK 5.7 billion in 2016. The Group's headquarters are located in Malmö, Sweden. For further information, please visit www.inwido.com