Report from the Annual General Meeting 2021 of Minesto AB
Minesto AB held its Annual General Meeting on June 2, 2021. In order to counteract the virus that causes covid-19, the Annual General Meeting was held solely by postal voting without physical participation.
The following main resolutions were resolved upon at the Annual General Meeting.
Profit and loss account and balance sheet and allocation of loss
The AGM resolved that the profit and loss account and the balance sheet produced to the Annual General Meeting be duly adopted.
The AGM resolved to dispose the year’s result in accordance with the proposal of the Board of Directors meaning that no dividends be paid for the financial year 2020 and that available profits are carried over to the new balance sheet.
Discharge of liability
The AGM resolved to discharge all individuals who had served as Board members or CEO during 2020 from liability for the financial year of 2020.
Directors of the board and auditor
The AGM resolved, in accordance with the proposal by the Nomination Committee, to re-elect Bengt Adolfsson, Martin Edlund, Göran Linder, Jonas Millqvist and Git Sturesjö Adolfsson as directors of the board. Further, the AGM resolved to re-elect Andreas Gunnarsson as deputy director.
Jonas Millqvist was re-elected as chairman of the board.
The AGM resolved to appoint the registered accounting firm Ernst & Young (EY) as auditor. It was noted that EY has appointed Andreas Mast to continue as principal auditor.
The Board of Directors’ remuneration etc.
The AGM resolved to approve the proposal by the Nomination Committee regarding remuneration to the Board of Directors’ and the auditor.
Principles for the Nominations Committee
The AGM resolved on principles for the Nomination Committee in accordance with the proposal by the Nomination Committee.
Resolution on guidelines for remuneration for senior executives of the company
The AGM resolved to approve the Board of Directors’ proposal regarding guidelines for remuneration to senior executives of the company.
Adoption of new articles of association
The AGM resolved, in accordance with the proposal of the Board of Directors’, to adopt new articles of association.
Resolution on performance-based incentive program (LTI 2021) and resolution on delivery and cost-hedging measures for LTI 2021
The AGM resolved, in accordance with the proposal of the Board of Directors’, to implement a performance-based incentive program (LTI 2021). Further, the AGM resolved to approve the delivery and cost-hedging measures proposed by the Board of Directors’ for LTI 2021.
Resolution to authorize the Board of Directors to issue shares and/or warrants and/or convertibles
The AGM resolved, in accordance with the proposal of the Board of Directors to authorize the Board of Directors to resolve, on one or several occasions, on issue of shares and/or warrants and/or convertibles during the time until the next AGM.
The referred proposals above are available on the company’s website: www.minesto.com/AGM2021.
For additional information, please contact