Annual General meeting of MilDef Group AB (publ)
At today’s Annual General Meeting (AGM) of MilDef Group AB (publ), the following was resolved.
Presentation and adoption of the accounts and discharge from liability
The AGM noted that the annual report and the auditor's report as well as the consolidated financial statements and the consolidated auditor's report for the financial year 2023 had been duly presented and adopted the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet. The AGM discharged the members of the Board of Directors and the CEO from liability for the financial year 2023.
Dividend
The AGM resolved in accordance with the Board's proposal that a dividend of SEK 0.50 per share be declared and that the record date for the dividend shall be May 27, 2024. Distribution of the dividend will be made by Euroclear Sweden AB on May 30, 2024.
Board of Directors, auditors and fees
The number of directors will be seven with no deputies. The AGM re-elected the Board members Björn Karlsson, Jan Andersson, Charlotte Darth, Christian Hammenborn, Lennart Pihl, Marianne Trolle and Bengt-Arne Molin. Björn Karlsson was re-elected as Chair of the Board.
Remuneration to the Board of Directors shall be SEK 475,000 to the Chair and SEK 225,000 to each of the other members elected by the General Meeting who are not employed by the company. The Chair of the Audit Committee shall receive SEK 100,000 and each member thereof SEK 50,000 and the Chair of the Remuneration Committee shall receive SEK 30,000 and each member thereof SEK 20,000.
Re-election of the registered accounting firm Öhrlings PricewaterhouseCoopers AB as the company's auditor for a period of mandate of one year with Eric Salander as auditor in charge. The auditor shall be remunerated according to current account.
At the subsequent statutory Board meeting, Björn Karlsson (Chair) and Jan Andersson were elected as members of the Remuneration Committee for the period until the next statutory Board meeting. Lennart Pihl (Chair), Charlotte Darth and Christian Hammenborn were elected members of the Audit Committee for the same period.
Instructions for the Nomination Committee
The AGM resolved to adopt instructions for the appointment of the Nomination Committee and its assignment.
Remuneration report
The AGM resolved to approve the Board' report on remuneration pursuant to Chapter 8, section 53 a § of the Swedish Companies Act for the financial year 2023.
Guidelines for remuneration to senior executives
The AGM resolved on guidelines for remuneration to senior executives in accordance with the Board's proposal.
Authorization for the Board to resolve on new issues of shares
The AGM authorized the Board to, on one or several occasions during the period up until the next AGM with or without deviation from the shareholders' preferential rights, resolve on new issues of shares. The authorization also includes the right to resolve on new issues of shares with terms concerning issues in kind, offset rights or other terms stated in the Swedish Companies Act. Through decision by virtue of the authorization the total number of shares may increase with a number corresponding to maximum ten (10) percent of outstanding shares in the company at the time the Board first uses such authorization. The total number of shares covered by such new issues of shares shall be within the limits of the share capital as stated in the Articles of Association. The purpose of the authorization and the reasons for any deviation from the shareholders’ preferential rights according to above, is to ensure financing of acquisitions of companies or businesses or to strengthen the company’s capital base and equity ratio. In case of deviation from the shareholders’ preferential rights, issues by virtue of the authorization shall be made on market conditions. The Board is also authorized to, subject to the terms above, resolve on other terms that the Board deems necessary to carry out such issues of shares.
The information was submitted for publication, through the agency of the contact persons set out below, at 18:30 CET on May, 23, 2024.
For more information, please contact:
Daniel Ljunggren, CEO
Phone: +46 70 668 00 15
Email: daniel.ljunggren@mildef.com
Olof Engvall, Head of IR & Communications
Phone: +46 735 41 45 73
Email: olof.engvall@mildef.com
MilDef - WE ARMOR IT.
MilDef is a global systems integrator and full-spectrum provider specializing in rugged IT for military, government and critical infrastructure sectors. MilDef provides hardware, software and services that shield and protect critical information streams and systems, when and where the stakes are the highest. MilDef’s products are sold to more than 200 customers through companies in Sweden, Norway, Finland, Denmark, United Kingdom, Germany, Switzerland, the United States and Australia, and through partner networks in more than 40 countries. MilDef was founded in 1997 and is listed on Nasdaq Stockholm since 2021.
