Bulletin from Annual General Meeting in Rottneros AB (publ)

Among others, the following resolutions were passed at the Annual General Meeting (the “AGM”) of Rottneros AB (publ) (“Rottneros” or the “Company”) held today, on 27 April 2023.

Adoption of income statement and balance sheet for the financial year 2022 and discharge from liability

The AGM resolved to adopt the income statement and the consolidated income statement for the financial year 2022 as well as the balance sheet and consolidated balance sheet as of 31 December 2022, as set out in the annual report. The members of the board of directors and the managing director were discharged from liability for the financial year 2022.

Allocation of profit or loss

The AGM resolved, in accordance with the board of directors’ proposal, that the profits at the disposal of the AGM, amounting to 495,085,482 SEK be disposed of in such a way that a total amount of 213,600,695 SEK corresponding to 1.40 SEK per share eligible for dividends, shall be distributed to the shareholders and 281,484,787 SEK shall be carried forward to a new account.

Election of board members, auditors, fees to the board of directors and auditors

The AGM resolved, in accordance with the nomination committee’s proposal, that the number of members of the board of directors elected by the AGM shall be six without deputies and that the number of auditors shall be one registered accounting firm without deputy auditors.

In accordance with the nomination committee’s proposal, Per Lundeen, Johanna Svanberg, Roger Mattsson, Julia Onstad and Conny Mossberg were re-elected, and Magnus Wikström was new elected as members of the Board of Directors, all for the period until the end of the next annual general meeting. Per Lundeen was re-elected as the chairman of the board of directors.

The audit firm PricewaterhouseCoopers AB was new elected as auditor of the Company, with Bo Karlsson as auditor-in-charge, for the period until the end of the next annual general meeting.

The AGM further resolved to, in accordance with the nomination committee’s proposal and for the period until the end of the next annual general meeting, that fees to members of the board who are not employed within the Company shall be paid with 618,000 SEK to the chairman of the board and 309,000 SEK to each of the other members of the board, with  21,000 SEK per member of the audit committee and 21,000 SEK per member of the remuneration committee. A fee of 31,000 SEK shall be paid to each of the employee representatives regarding the time required to read materials ahead of meetings.

The AGM further resolved, in accordance with the nomination committee’s proposal, that the remuneration to the auditor shall be paid in accordance with approved statement of costs.

Principles for the appointment of the nomination committee

The AGM resolved, in accordance with the nomination committee’s proposal, that the principles for appointment of a nomination committee as adopted at the annual general meeting 2018 and as presented in the convening notice would remain unchanged.

Approval of the board of directors’ remuneration report

The AGM resolved, in accordance with the proposal from the board of directors, to approve the remuneration report for the financial year 2022.

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For further information, please contact:
Lennart Eberleh, CEO and President, Rottneros AB, +46 (0)270 622 65, lennart.eberleh@rottneros.com

The information was submitted for publication, through the agency of the contact person set out above, at 16.30 CEST on 27 April 2023.

Rottneros AB (publ) 
Box 144, 826 23 Söderhamn 
+46 (0)270 622 00 
rottneros.com 
info@rottneros.com

Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on Nasdaq Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes Rottneros Packaging AB, which manufactures fibre trays, the wood procurement company Rottneros Baltic SIA in Latvia and the forest operator Nykvist Skogs AB. The Group had a turnover of approximately 3.0 billion SEK in the 2022 financial year and has about 306 employees.