Resolutions at Sleep Cycle’s Annual General Meeting 2023
Gothenburg, Sweden, 8 May 2023 - At the Annual General Meeting (the “AGM”) of Sleep Cycle AB (publ) on 8 May 2023, the following was resolved.
Adoption of the income statement and the balance sheet
The AGM adopted the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet for the financial year 2022.
Allocation of profit
The AGM resolved, in accordance with the Board of Directors’ proposal, on dividend of SEK 7.00 per share, of which SEK 1.00 per share is ordinary dividend for 2022 and SEK 6.00 per share is extraordinary dividend. The record date was set to 10 May 2023. The dividend is expected to be distributed by Euroclear Sweden AB starting 15 May 2023.
Discharge from liability
The Board members and the CEO were discharged from liability for their administration of the company for the financial year 2022.
Election of Board of Directors
Anne Broeng, Olof Nilsson and Rasmus Järborg were re-elected as members of the Board and Mathias Høyer was elected as new Board member. Anne Broeng was elected as Chairperson of the Board.
Board remuneration
The AGM resolved that Board fees shall be paid with SEK 700,000 to the Chairperson and SEK 250,000 to each of the other Board members elected by the AGM. For work in the Audit Committee, the AGM resolved that a fee of SEK 100,000 shall be paid to the Chairperson and a fee of SEK 50,000 shall be paid to each other member of the Audit Committee. For work in the Remuneration Committee, a fee of SEK 50,000 shall be paid to the Chairperson and a fee of SEK 25,000 shall be paid to each other member of the Remuneration Committee.
Election of auditor and auditor fees
The registered audit firm Öhrlings PricewaterhouseCoopers AB was elected as auditor of the company until the next AGM. It was resolved that fees to the auditor shall be paid in accordance with approved invoice.
Remuneration report
The AGM resolved to approve the Board of Directors’ remuneration report pursuant to Chapter 8, Section 53 a of the Swedish Companies Act, regarding the financial year 2022.
For more information, please visit www.sleepcycle.com or contact:
Media contacts:
Per Andersson
CFO och Head of Investor Relations
per.andersson@sleepcycle.com
+46 70 939 5327
About Sleep Cycle
With millions of daily active users and over two billion nights analyzed in more than 150 countries, Sleep Cycle is the leading sleep tracking application and one of the most widely used solutions worldwide to improve sleep health. Sleep Cycle’s mission is to improve global health by empowering people to sleep better. Since its launch in 2009, Sleep Cycle has helped millions of people understand their sleep habits and improve their sleep. The mobile application helps users fall asleep more easily, tracks and analyses sleep during the night, wakes the user in a light sleep phase, and provides insight into how sleep quality is best improved. Sleep Cycle is one of the world’s most comprehensive sources for statistics on sleep and contributes to research and reporting on sleep worldwide. Sleep Cycle is listed on Nasdaq Stockholm under the ticker SLEEP. The head office is located in Gothenburg, Sweden.