Bulletin from the Annual General Meeting in Quickbit eu AB (publ)
Quickbit eu AB (publ), reg. no. 559066-2093 (the ”Company”), has held its annual general meeting today, 22 November 2022. The Annual General Meeting was held only by postal voting prior to the general meeting in accordance with temporary legal rules. At the general meeting, the following resolutions were made.
Determination of the accounts and discharge from liability
The Annual General Meeting resolved to adopt the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet for the financial year 2021/2022. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2021/2022.
Distribution of earnings
The Annual General Meeting resolved, in accordance with the proposal from the Board of Directors, that no dividend shall be paid and that the result shall be balanced in new accounts.
Remuneration
The Annual General Meeting resolved, in accordance with the proposal from the Nominating Committee, that remuneration to the Board of Directors shall be paid with SEK 500,000 to the Chairman of the Board of Directors and SEK 250,000 each to the other members of the Board of Directors who are not employed by the Company.
The Annual General Meeting further resolved, in accordance with the proposal from the Nominating Committee, that remuneration to the auditor shall be paid in accordance with the approved invoice.
Board of directors and auditors
The Annual General Meeting resolved, in accordance with the proposal from the Nominating Committee, that the number of members of the Board of Directors shall be five ordinary board members without deputy board members and that the Company shall have one auditor.
Furthermore, the Annual General Meeting resolved, in accordance with the proposal from the Nominating Committee, that Mikael Karlsson is re-elected as board member, that Henrik Vilselius, Daniel Sonesson, Scott Wilson and Elena Kontou are elected as board members and that Mikael Karlsson is re-elected as Chairman of the Board of Directors, all for the period until the end of the next Annual General Meeting. Jan Frykhammar and Hammad Abuiseifan declined re-election.
It was resolved, in accordance with the proposal from the Nominating Committee, to re-elect the registered accounting firm PricewaterhouseCoopers AB as the Company's auditor for the period until the end of the next Annual General Meeting, with the authorized accountant Johan Engstam as the auditor in charge.
Directed issue of shares
The Annual General Meeting resolved not to carry out a directed issue of shares to Serod Nasrat, former CEO of the Company, and Minou Britmer, employed in accounting.
This means that the Company has an obligation to instead pay a cash compensation to Serod Nasrat and Minou Britmer corresponding to 150 percent of the value of the employee stock options, i.e. the price for the Company's share reduced by the quota value (SEK 0.01) multiplied by 1.5 per employee stock option.
For more information about the proposal for directed issue of shares, please see the notice to the Annual General Meeting that was published on the Company's website on 21 October 2022.
Incentive program 2022-2026:1
The Annual General Meeting resolved not to adopt incentive program 2022/2026:1 for the Company's future permanent CEO. For more information about the proposed incentive program 2022/2026:1, please see the notice to the Annual General Meeting published on the Company's website on 21 October 2022.
Incentive program 2022-2026:2
The Annual General Meeting resolved not to adopt incentive program 2022/2026:2 to the Company’s Chairman of the Board of Directors and other members of the Board of Directors. For more information about the proposed incentive program 2022/2026:2, please see the notice to the Annual General Meeting published on the Company's website on 21 October 2022.
Resolution on issue authorization
The Annual General Meeting resolved, in accordance with the Board of Directors proposal, to authorize the Board of Directors to, on one or several occasions up until the Annual General Meeting 2023, resolve on issue of shares, warrants and/or convertibles.
The reason for the authorization is to finance the Company's continued operation and expansion.
Minutes from the meeting will be available on the Company’s website www.quickbit.com within two weeks.
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For further information, please contact:
Anders Jonson, Acting CEO and COO
+ 46 73 316 80 28
ir@quickbit.com
N.B. This notice has been prepared in both Swedish and English language versions. In the event of any discrepancies between the versions, the Swedish version shall prevail.
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Quickbit is a Swedish fintech company founded in 2016 with the goal of making the integration of cryptocurrencies into the everyday lives of people and companies smoother. Today, Quickbit offers safe and easy-to-use products for e-merchants as well as customers. With a transaction volume to date in excess of €900 million, Quickbit has already enabled and empowered individuals around the world, through the use of cryptocurrencies. Quickbit has been listed on NGM Nordic SME since July 2019. For more information, please visit www.quickbit.com