NENT Group 2019 Annual General Meeting

Nordic Entertainment Group AB (publ) (NENT Group) today announced that its Annual General Meeting, which was held today in Stockholm, voted to support all of the resolutions that the Board and Nomination Committee proposed to the Meeting.

The Annual General Meeting resolved that a dividend of SEK 6.50 per share is to be paid out to the shareholders in two equal instalments of SEK 3.25 each. The record dates will be on Friday 24 May 2019 for the first dividend payment, and Friday 11 October 2019 for the second dividend payment. The dividends are expected to be distributed to the shareholders on Wednesday 29 May 2019 and Wednesday 16 October 2019, respectively.

The Annual General Meeting adopted the Income Statement and Balance Sheet for 2018, and discharged the Board and the CEO from liability for 2018.

The Annual General Meeting resolved to approve the proposal for remuneration to the Board and auditor, the procedures for the Nomination Committee, and the guidelines for the remuneration of senior executives.

The Annual General Meeting resolved to re-elect KPMG as auditor until the close of the 2020 Annual General Meeting. Joakim Thilstedt will continue as auditor-in-charge.

The Annual General Meeting resolved to adopt a long-term incentive plan for key employees, including the authorisation of the Board to issue and repurchase Class C Shares and resolve on the transfer of its own Class B Shares to the participants in the incentive plan.

The Annual General Meeting also resolved on a bonus issue, which will increase the share capital by SEK 134,184,488.

The Annual General Meeting further resolved to amend the Articles of Association in order to carry out the resolutions regarding the hedged delivery of shares to participants in the long-term incentive plan (by introducing a new Class C share) and bonus issue (by increasing the limits for the share capital).

At a statutory meeting of the Board of Directors following the Meeting, the Audit and Remuneration Committees were appointed. Simon Duffy was appointed as Chairman of the Audit Committee, with Anders Borg and Kristina Schauman appointed as Committee members. Natalie Tydeman was appointed as Chairman of the Remuneration Committee, with David Chance and Henrik Clausen appointed as Committee members.

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NOTES TO EDITORS

Nordic Entertainment Group AB (publ) (NENT Group) is the Nordic region’s leading entertainment provider. We entertain millions of people every day with our streaming services, TV channels and radio stations, and our production companies create content that is experienced around the world. We make life more entertaining by telling stories, touching lives and expanding worlds – from live sports, movies and series to music and original shows. Headquartered in Stockholm, NENT Group is listed on Nasdaq Stockholm (‘NENT A’ and ‘NENT B’).

Contact us:
press@nentgroup.com (or Tobias Gyhlénius, Head of Public Relations; +46 73 699 27 09)
investors@nentgroup.com (or Stefan Lycke, Head of Investor Relations; +46 73 699 27 14)

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