Annual General Meeting of Paradox Interactive AB (publ) May 5, 2017
At Paradox Interactive AB (publ)s general meeting May 5, 2017 the following was resolved
Adoption of financial statements and dividend
The AGM adopted the income statement and balance sheet for the Parent company and the Group. The AGM adopted approved a dividend in accordance with the Board’s proposal of SEK 1.00 per share. The record date is May 9, 2017. Payment of the dividend will be made by Euroclear Sweden AB on May 12, 2017.
Board of Directors
The Board and the CEO were discharged from liability for the financial year 2016. The AGM resolved to re-elect Fredrik Wester, Peter Lindell, Cecilia Beck-Friis, and Ebba Ljungerud. Håkan Sjunnesson was re-elected Chairman. The AGM approved the Nomination Committee's proposal that remuneration shall be SEK 360,000 per year for the Chairman and SEK 180,000 for ordinary board members.
Nominating Committee
The AGM approved the Nominating Committee's proposed principles for the Nominating Committee with the change that Grant Thornton was elected as Auditor rather than individual.
Guidelines for remuneration for senior executives
The AGM approved the Board's proposal regarding remuneration to senior executives.
The complete resolutions
The minutes for the Annual General Meeting including the complete resolutions as per above will be available within short at the company’s website.
For additional information, please contact
Fredrik Wester, CEO of Paradox Interactive
Andras Vajlok, CFO of Paradox Interactive
Email: ir@paradoxplaza.com
Phone: +4670-355 54 89
This information is information that Paradox Interactive AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication on May 5, 2017.
About Paradox Interactive
The Paradox Interactive group includes publishing and internal development of games and licensing of White Wolf’s brands. The publishing operation publishes both internally developed titles and titles developed by independent studios as well as music and books. The game portfolio includes more than 90 titles and Paradox Interactive owns the most important brands, including Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities: Skylines, Tyranny and Magicka. From the start over ten years ago, the company has published its games all over the world, initially through physical distribution using partners, but beginning in 2006 has primarily distributed digitally using its own publishing arm. The development platform is primarily PC, but the company has released games on console and mobile platforms as well. The largest markets today include the US, UK, Germany, France, Russia and Scandinavia. Today, close to 1.5 million gamers play a Paradox game each month and the number of Paradox registered users exceeds six million.
Paradox Interactive AB (publ)’s shares are listed on Nasdaq Stockholm First North Premier under ticker PDX. Avanza Bank is the company’s Certified Adviser. For more information, please visit www.paradoxinteractive.com.