Report from Annual General Meeting in SaltX Technology Holding AB (publ)
At the Annual General Meeting in SaltX Technology Holding AB (publ) (the “company”) held on 25 April 2024, the following resolutions were passed. All resolutions were in accordance with the proposals, described in detail in the general meeting documents which are available at the company’s website, www.saltxtechnology.com.
Adoption of the income statement and balance sheet
It was resolved to adopt the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet for 2023.
Resolution on dispositions in respect of the company’s result
Disposition in accordance with the Board's proposal, which means that no dividend is paid for the financial year 2023 and that available profits are carried forward.
Resolution on discharge from liability
The Board members and the Chief Executive Officer were granted discharge from liability for the financial year 2023.
Determination of fees to the Board of Directors and the auditor
It was resolved that the fee to the Chairman of the Board shall be SEK 405,000 (405,000) and that the fee to other Board members elected by the Annual General Meeting shall be SEK 135,000 (135,000) each. It was resolved that no special fee be paid for committee work.
It was resolved that auditors’ fee be paid in accordance with approved invoices.
Election of Board of Directors and auditor
It was resolved that the number of members of the Board of Directors shall be six.
It was resolved on re-election of Staffan Andersson and Per Bodén and new election of Tobias Elmquist, Björn Jonsson, Andreas Nordbrandt and Karin van der Salm as Board members for the period until the end of the next Annual General Meeting. Åke Sund, Tony Grimaldi, Hans Holmstrom and Elin Lydahl had declined re-election.
It was resolved to new election of Andreas Nordbrandt as Chairman of the Board.
It was resolved on re-election of the registered accounting firm Öhrlings PricewaterhouseCoopers AB as auditor for the period until the end of the next Annual General Meeting; Authorized Public Accountant Claes Sjödin continues as auditor in charge.
Resolution on guidelines for remuneration to senior executives
It was resolved to adopt guidelines for remuneration to senior executives, in accordance with the Board’s proposal. The guidelines replace the guidelines adopted by Annual General Meeting 2020, and are applicable to remuneration agreed, and amendments to remuneration already agreed, after the adoption of the guidelines by the Annual General Meeting 2024.
Resolution on issue authorization
It was resolved to authorize the Board of Directors to, on one or several occasions until the next Annual General Meeting, with or without preferential rights for the shareholders, resolve upon issues of shares of class B and/or warrants entitling to subscription of shares of class B. The total number of shares that may be issued under the authorization may correspond to no more than 40,000,000 shares (including any new shares following exercise of warrants issued under the authorization).
The purpose of the authorization is to increase the company’s financial flexibility and the reasons for any deviation from the shareholders’ preferential rights is to raise capital in a time- and cost-effective manner and/or complement the shareholder base with new shareholders of strategic importance for the company. In addition to cash payment, payment may be made by way of set-off. Issues made with deviation from the shareholders’ preferential rights shall take place at terms in line with market conditions. If the Board of Directors deems it appropriate in order to enable the delivery of shares in connection with an issue as described above, the issue may be done at a subscription price equal to the quota value of the share.
For more information, please contact:
Carl-Johan Linér, CEO, +46 70 532 08 08, cj.liner@saltxtechnology.com
Harald Bauer, CFO, +46 70 810 80 34, harald.bauer@saltxtechnology.com
About SaltX Technology
SaltX is a Swedish Greentech company that develops and markets sustainable technology that will benefit customers, the climate, and society. The company operates within the electrification of emission-intensive industries such as the lime and cement industries. SaltX Technology's share is listed on the Nasdaq First North Premier Growth Market. For more information, visit: www.saltxtechnology.com.
FNCA Sweden AB, +46 8-528 00 399, info@fnca.se, is SaltX Technology's Certified Adviser.