Report from the Annual General Meeting of Magnolia Bostad AB on 17 September 2021
Magnolia Bostad AB held an Extraordinary General Meeting on Friday 17 September 2021. Due to Covid-19, the Meeting was conducted by advance postal vote, without physical attendance. The following main resolutions were adopted on the Meeting.
Election of new Directors and chair of the Board
The Meeting resolved that the current Board of Directors is removed and that Erika Olsén, Johan Bengtsson, Therese Rattik, Erik Rune, Fredrik Tibell and Fredrik Holmström are elected to the Board of Directors until the close of the next Annual General Meeting. The Meeting resolved that Fredrik Holmström be elected as the chair of the Board.
Board remuneration
The Meeting resolved that the Board remuneration in accordance with resolution from the Annual General Meeting on 27 April 2021 shall be paid to the resigning Directors of the Board and the chair of the Board with one twelfth for each started month of the term between the Annual General Meeting and the Extraordinary General Meeting and that no Board remuneration shall be paid to the Directors elected at the Extraordinary General Meeting until the close of the next Annual General Meeting.
For more detailed information on the content of the resolutions, please refer to the full notice to attend the Meeting and the full proposals that are available on the company’s website www.magnoliabostad.se/en.
For more information, please contact:
Johan Tengelin, CEO, Magnolia Bostad
+46 72 235 59 86, johan.tengelin@magnoliabostad.se
Marita Björk, IR and Financial Media Manager
+46 72 720 00 06, marita.bjork@magnoliabostad.se
Magnolia Bostad AB, CIN 556797–7078, is a leading urban developer that develops new residential properties primarily rental apartments but also tenant-owned apartments, community service properties and hotels, in attractive locations in Sweden's growth areas and major cities. Housing is being developed both for sale and for self-management. Our work is based on a holistic approach where the operations are conducted in a way that promotes long-term, sustainable urban development. More information is available at www.magnoliabostad.com