Notice of Extraordinary General Meeting of Inwido AB
Shareholders in Inwido AB (publ) are hereby invited to attend an Extraordinary General Meeting at 4:00 p.m. CET on Tuesday, 21 January 2020 at Inwido’s headquarters at Engelbrektsgatan 15 in Malmö, Sweden. Registration for the Meeting will commence at. 3:45 p.m. CET. The notice of the Meeting is available at www.inwido.com, where shareholders can also register to attend.
Right to participate
Shareholders who are entitled to participate in the Extraordinary Meeting are those who:
- are entered in the share register of the company maintained by Euroclear Sweden AB on Wednesday, 15 January 2020,
- have notified the company of their intention to attend the Meeting by 15 January 2020
before 4:00 p.m. CET
Shareholders who have had their shares nominee-registered must temporarily re-register the shares in their own name with Euroclear Sweden AB in order to participate in the Meeting. Such registration must be completed by Wednesday, 15 January 2020. This means that shareholders must instruct their nominees in sufficient time prior to Wednesday, 15 January 2020.
Notification of participation
Notification of participation in the Meeting may be submitted via the company’s website www.inwido.com (Link here), in writing to Inwido AB (publ), Engelbrektsgatan 15, SE-211 33 Malmö, Sweden or by e-mail to firstname.lastname@example.org. The notification shall state the name, personal identity number (corporate registration number), telephone number and any proxies and/or the name of the participant’s assistant.
For shareholders represented by proxy, power of attorney shall be submitted before the Meeting. A form conferring power of attorney is available from the company and from the company website, www.inwido.com. Anyone representing a legal entity must present a copy of the registration certificate or similar papers of authorization.
1. Opening of the General Meeting
2. Appointment of a Chairman of the General Meeting
3. Preparation and approval of the register of voters
4. Approval of the agenda
5. Appointment of one or two persons to verify the minutes
6. Examination of whether the General Meeting was duly convened
7. Approval of the number of Board members
8. Election of Board members
9. Approval of Board fees
10. Close of the Meeting
Proposal by the Nomination Committee (agenda items 2 and 7-8)
The Nomination Committee proposes that Chairman of the Board Georg Brunstam be elected chairman of the Meeting. For the period extending until the close of the next Annual General Meeting, the Nomination Committee proposes that the Board of Directors comprise six members and that Kerstin Lindell and Christer Wahlquist be elected as Board members in the company. If the resolution by the Meeting is in accordance with the Nomination Committee’s proposal, the Board of Directors will comprise Georg Brunstam (Chairman), Benny Ernstson, Kerstin Lindell, Henriette Schütze, Christer Wahlquist and Anders Wassberg. Board fees (including remunerations for committee work) per Board member shall continue to apply in accordance with the resolution by the Annual General Meeting of 3 May 2019. For incoming Board members, fees are to be payable pro rata for each member’s actual period of service relative to the entire period from the close of the 2019 Annual General Meeting to the close of the next Annual General Meeting. This entails an increase in the total remuneration by approximately SEK 158,000 since the Board of Directors is being expanded by two additional members. Remuneration for any committee work is additional to this.
Kerstin Lindell was born in 1967, holds a Master of Science in Engineering, a licentiate degree in engineering, as well as a MBA. Since 2007, Kerstin Lindell has been President and CEO of Bona AB. She is also a Board member in Hexpol AB and Peab AB. Kerstin Lindell is independent both in relation to the company’s major shareholders, as well as to the company and its management. Kerstin Lindell’s holdings (including those of related parties) in the company amount to 4,000 shares.
Christer Wahlquist was born in 1971, holds a Master of Science in Engineering and a MBA. Since 2016, Christer Wahlquist has been President and CEO of Nolato AB, where he has been employed since 1996. Christer Wahlquist is independent both in relation to the company’s major shareholders, as well as to the company and its management. Christer Wahlquist’s holdings (including those of related parties) in the company amount to 400 shares.
Documents and other information
The Nomination Committee’s proposal and reasoned opinion will be available from the company’s website, www.inwido.com, from 9 December 2020. If any shareholder so requests and the Board of Directors deems it feasible, without material harm to the company, the Board of Directors and the CEO shall, at the Extraordinary General Meeting, provide information on matters that could impact the assessment of agenda items, including the company’s relationship with other Group companies. There are a total of 57,967,528 shares in the company. The company has only one class of shares and the total number of votes in the company amounts to 57,967,528.
Personal data processing
For details of how personal data are processed, please see the Inwido website page on the Extraordinary General Meeting 2020, www.inwido.com
Malmö, December 2019
The Board of Directors of Inwido AB (publ)
For more information, please contact:
Peter Welin, CFO and deputy CEO
Phone: 46(0)70-324 3190 or 46(0)10-451 45 52
Inwido owns and develops companies that improve people’s everyday lives indoors with various products and services. Today, Inwido is Europe’s largest windows group and a natural home for the region’s strongest companies in the areas of comfort, indoor climate and safety. In 2018, Inwido achieved sales of SEK 6.7 billion and an operating EBITA margin of 9.9 percent. The Group has some 4,500 employees in total, with operations in Denmark, Estonia, Finland, Ireland, Lithuania, Norway, Poland, Romania, the UK, Sweden and Germany.