Communiqué from the AGM of Micronic Mydata AB (publ)
Täby, Sweden, 7 May, 2013 - Micronic Mydata AB (publ), listed on NASDAQ OMX Stockholm, Small Cap: MICR, disclose the following decisions made at the Annual General Meeting (AGM) held on 6 May:
Election of Board members
The AGM decided that the Board of Directors for the period running until the end of the next AGM shall be composed of six members with no deputy members. The AGM re-elected Board members Katarina Bonde, Ulla-Britt Fräjdin-Hellqvist, Anders Jonsson, Magnus Lindquist, Eva Lindqvist and Patrik Tigerschiöld. Patrik Tigerschiöld was elected Chairman of the Board.
Remuneration to the Board of Directors
The AGM decided that the total remuneration to the Board of Directors amount to SEK 1,500,000 for the period running until the end of the next AGM, of which SEK 500,000 concern remuneration to the Chairman of the Board and SEK 200,000 concern remuneration to each of the other Board members. In addition, the AGM decided on remuneration to the Chairman of the audit committee amounting to SEK 50,000.
Election of auditor
The AGM decided on election of Ernst&Young as auditor for the period running until the end of the next AGM with the Authorized Public Accountant Helene Siberg Wendin as responsible auditor.
Disposition of accumulated deficit
The AGM decided that the Parent Company’s accumulated deficit of SEK 172,434,909 be carried forward to new account.
Composition of nomination committee
The AGM decided that the nomination committee for the 2014 AGM consist of three members representing the three largest or otherwise known shareholders at the end the third quarter and the Chairman of the Board, a total of four persons.
In addition, decisions were taken in accordance with proposals presented in the notice to the AGM.
About Micronic Mydata AB
Micronic Mydata AB is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment to the electronics industry. The products consist of pattern generators including mask writers and direct writers for the production of photomasks and substrates as well as advanced surface mount technology (SMT) equipment. The pattern generators are used by the world’s leading electronics companies in the manufacture of semiconductor circuits, for advanced electronic packaging and displays used in PC tablets, smart phones, TVs and computers. The SMT equipment is used for surface mounting of electronic components and stencil free jetting of solder paste. The SMT equipment is used, among others, by large and small manufacturers of electronics in aerospace, aviation and telecom. Micronic Mydata headquarters is located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany Japan, Singapore, South Korea, Taiwan, the Netherlands, United Kingdom and the United States. For more information see our web site at: www.micronic-mydata.com