Bulletin from Annual General Meeting in Irisity AB (publ)
The following resolutions were passed at the Annual General Meeting (the “AGM”) of Irisity AB (publ) (“Irisity” or the “Company”) held today, on 27 April 2022 in Gothenburg, Sweden.
Adoption of Income Statement and Balance Sheet for the Financial Year 2021 and Discharge from Liability
The AGM resolved to adopt the income statement and the consolidated income statement for the financial year 2021 as well as the balance sheet and the consolidated balance sheet as of 31 December 2021, as set out in the annual report. The members of the Board of Directors and the managing director were discharged from liability for the financial year 2021.
Allocation of Profits
The AGM resolved, in accordance with the Board of Directors’ proposal, that no dividend be paid for 2021 and that the profits available to the AGM shall be carried forward.
Election of Board Members, Auditors, Fees to the Board of Directors and Auditors
The AGM resolved, in accordance with the Nomination Committee’s proposal, that the number of members of the Board of Directors shall be six without deputies and that the number of auditors shall be one registered accounting firm.
In accordance with the Nomination Committee’s proposal, Lennart Svantesson, Anna Ahlberg, Nils Malmros, Anders Långsved and Dorian Barak were re-elected as members of the Board of Directors. Further, Rom Mendel was elected new member of the Board of Directors in accordance with the Nomination Committee’s proposal. All elections for the period until the end of the next Annual General Meeting. Lennart Svantesson was re-elected as the Chairman of the Board of Directors. The registered audit firm Ernst & Young AB was re-elected as auditor of the Company, with Linda Salander as auditor-in-charge, for the period until the end of the next Annual General Meeting.
The AGM further resolved to, in accordance with the Nomination Committee’s proposal, that fees to members of the Board shall be paid with SEK 360,000 to the Chairman of the Board and SEK 180,000 to each of the other members of the Board. The AGM further resolved, in accordance with the Nomination Committee’s proposal, that the remuneration to the auditor shall be paid in accordance with approved statement of costs.
Adoption of a long-term incentive programme for senior executives and key individuals
The AGM resolved, in accordance with the Board of Directors’ proposal, to adopt a long-term incentive programme (Warrant programme 2022) directed at senior executives and key
individuals in Irisity. The rationale behind the incentive programme is, among other things, to contribute to higher motivation and commitment among the employees and to retain
employees. In order to enable the incentive programme, the AGM also resolved on a directed issue of not more than 470,000 warrants.
Proposal for adoption of a long-term incentive programme for the Board of Directors
The AGM resolved to withdraw the shareholders’ proposal to adopt a long-term incentive programme for the Board of Directors. The resolution was based on a voting instruction from a major shareholder, which meant that the necessary 90 per cent of the shares and votes present could not be achieved.
For more information, please contact:
Marcus Bäcklund, Irisity CEO
Phone: +46 721 45 70 53
E-mail: marcus.backlund@irisity.com
The information was submitted for publication, through the agency of the contact person set out above, at 22:00 CEST on 27 April 2022.
About Irisity
At Irisity we're doing real-time video analytics powered by machine learning. Irisity is a public Swedish AI-company with headquarters at Lindholmen, Gothenburg and offices in Israel, USA, UAE, Mexico, Denmark and Singapore, where the innovative spirit is flourishing. We develop smart algorithms to detect and predict suspicious activities while preserving people’s integrity. We believe that enhanced AI performance, ethics, and privacy go hand in hand, creating a positive mark within the camera security industry. Irisity’s patented solution IRIS™ can be integrated into any new or existing camera infrastructure, installed directly into the camera, on server or in the cloud, to safeguarding people and assets. IRIS™ product portfolio includes solutions on asset protection, traffic management, and forensic search capabilities for a broad spectrum of industries such as safe cities, education, transportation, infrastructure, and the security industry. All IRIS™ functionality is available with our patented real-time anonymization, ensuring GDPR and US NDA act compliance and ethical safeguarding.
The Irisity AB (publ) share is listed on Nasdaq First North Growth Market, with the ticker IRISCertified Adviser: Erik Penser Bank AB • +46 8 463 83 00 • certifiedadviser@penser.se