Announcement from the Annual General Meeting of Ortivus AB (publ) on 3rd of May 2010

The shareholders of Ortivus AB (publ) held the Annual General Meeting on Monday 3rd of May 2010 in Stockholm. 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 com-pany and the consolidated group were accepted by the Meeting. Discharge from liability The Meeting discharged the members of the Board and the managing director from liability. Fees The fees to the Board of Directors were set by the Meeting at a total of SEK 1,190,000, with SEK 550,000 to the chairman and SEK 160,000 to each of the other members of the Board who are not employed by the company. It was resolved that the fees to the auditors would be paid in accordance with invoice. Board of Directors The Meeting decided to re-elect Jon Risfelt, Anna Söderblom, Peter Edwall, Annemarie Gardshol and Christer Stjernfelt. Jon Risfelt was re-elected as chairman of the Board. Nomination Committee The Meeting decided to establish a Nomination Committee for the next AGM in the same man-ner as previous year, thereby asking the three largest shareholders in the company to appoint one representative each, who together with the Chairman of the Board will comprise the Nomi-nation Committee. The composition of the Nomination Committee shall be communicated six months at the latest before the Annual General Meeting in 2011. Guidelines for remuneration of the senior management The Meeting approved the guidelines proposed by the Board regarding remuneration to the President and other leading officials in the senior management. Extinction of warrants and issue of new warrants The Meeting decided to extinguish 350,000 previously issued warrants and replace these by issuing 350,000 new warrants. The new warrants will have a new running time and conversion period. The Meeting further decided to issue 400,000 new warrants, which via subsidiary are to be transferred to the managing director and other management. Presentation by the managing director The CEO of Ortivus AB, Jan B Andersson, commented on the development during the fiscal year of 2009 and Q1 2010.