Annual General Meeting in Pergo AB (publ.)
Annual General Meeting in Pergo AB (publ.) At today's Annual General Meeting in Pergo it was resolved to have six Directors of the Board. The meeting decided to re-elect Kurth Augustson, Stefan Johansson, Hans Larsson, Björn Rosengren, Bertil Villard and Katarina Wendt Englund as Directors. Mikael Nachemson and Karl Stenström had declined to be re-elected. The General Meeting resolved that the remuneration to the Directors of the Board should amount to a total of SEK 975,000, given that the Chairman receives SEK 350,000. Bertil Villard was re-elected as Chairman of the Board at the Constituent Board Meeting immediately following the Annual General Meeting. A Compensation Committee, composed of Hans Larsson, Björn Rosengren and Bertil Villard, was then also appointed. It was decided that no dividends would be distributed. Furthermore the Annual General Meeting resolved to change the company seating from Perstorp to Trelleborg and decided in which newspaper to announce the Annual General Meeting. The Annual General Meeting also resolved to commission to the Chairman of the Board to assemble a Nomination Committee with the Chairman of the Board as convener and member of the committee. The committee is to consist of members representing the five biggest owners of the Company. If someone or some of these owners don't wish to take part in the nomination work the nearest following shareholder should be offered representation in the committee. The committee assignment is to prepare and put forward a proposal regarding election of the Board and auditors as well as remuneration to the Board and auditors. The composition of the committee will be announced in connection with the nine-month interim report. Furthermore the Annual General Meeting rejected the proposal from the Swedish Shareholders' Association that the Annual General Meeting should commission to the Board of Directors to appoint an Auditing Committee. The Swedish Shareholders' Association called back their proposal that the General Meeting should commission to the Board of Directors to appoint a Compensation Committee. Trelleborg 2003-04-22 Pergo AB Corporate Communications ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/22/20030422BIT01370/wkr0001.doc http://www.waymaker.net/bitonline/2003/04/22/20030422BIT01370/wkr0002.pdf