Announcement from Technology Nexus AB’s (publ) Annual General Meeting 2008

The shareholders of Technology Nexus AB held the Annual General Meeting on Wednesday the 7th of May 2008 in Stockholm, Sweden. This is a summary of the most important decisions made by the AGM.

Annual Report
The annual report and the auditor’s report as well as the consolidated annual report and the auditor’s group report were presented. The income statement and the balance sheet for both the parent company and the consolidated group were accepted by the AGM.

Discharge from liability
The AGM discharged the members of the board and the managing director from liability for the fiscal year 2007.

Fees
The fees to be paid to the board of directors were set by the AGM at a total of SEK 750,000 (preceding year: 750,000), with SEK 250,000 to the chairman and SEK 125,000 to each of the other board members not employed by the company. The company auditor would be paid in accordance with reasonable invoice.

Board of Directors
The AGM decided to re-elect Peter Markborn, Roger Gullqvist, Anders Norling and Christian Wettergren and to elect Göran Öjersson as new board member. Peter Markborn was appointed chairman of the board.

Nomination Committee
The AGM decided to establish a nomination committee for the next AGM. The three largest shareholders in the company will appoint one representative each, who together with the chairman of the board shall comprise the nomination committee. The composition of the nomination committee shall be communicated six months at the latest before the AGM in 2009.

Guidelines for remuneration of the senior management
The AGM approved the guidelines proposed by the board regarding remuneration to the managing director and other leading officials in the senior management.

Authorisation to decide on new issues
The AGM decided to authorise the board for the period until the next AGM, at one or more occasions, to decide on new issues of shares, convertibles and/or warrants thus increasing the share capital with SEK 500,000 at the most, corresponding to 500,000 new shares at the most.

New articles of association
The AGM decided to adopt new articles of association, including change of the domicile from Linköping to Stockholm and that shareholders’ meetings may be held in Stockholm only, change of the share capital limits and certain semantic and editorial changes.

Presentation by the CEO, Peter Gille
The CEO of Technology Nexus AB, Peter Gille, commented on the development during the fiscal year of 2007 and the business development during the first quarter of 2008.