Announcement from Annual General Meeting
Communiqué from AGM on 21st of June 2023
TalkPool AG (CHE-109.047.379) held its ordinary annual shareholder’s meeting on Wednesday the 21st of June 2023. Only the management and the proxy for shareholder's voting attended the meeting in person. All others participated by videolink.
The Chairman of the Board of Directors, Magnus Sparrholm opened the Annual General Meeting (AGM) of Talkpool AG. The Chairman concluded that a record number of 3’140’888 shares, 46.3% of the total shares were represented in this AGM, which is fully functional.
The auditor Grand Thornton, represented by Herrmann Caspers, presented its findings. The audit is part of the annual report. The Annual Accounts and the Remuneration Report for 2022 were approved unanimously.
The AGM (Annual General Meeting) resolved the annual report to carry forward a loss of CHF 167‘061 for the parent company Talkpool AG. After appropriation of the annual loss, the total loss carry-forward amounts to CHF 8‘906‘455 in the parent company.
The CEO presented statutory accounts for Talkpool AG, which is the parent company of Talkpool Group. The CEO Erik Strömstedt also presented consolidated income statement highlighting the following:
- All-time high group revenues of EUR 25.5 million, a 4.1% growth
- EBITDA of EUR 999 thousand (1’139) and EBITDA margin of 3.9 percent (4.6), a 12% reduction
- EBIT of EUR 603 thousand (727) and EBIT margin of 2.4 percent (2.9), a 48% growth
- Earnings after tax of negative EUR 1’204 thousand (-334), a major improvement mainly stemming from extraordinary gains
- Acknowledging continued declining share price at low trading volumes in Stockholm and Frankfurt
All board members and the executive management were discharged from liability for the past fiscal year. Dr. Nico Tschanz and Magnus Sparrholm were re-elected as board members. Franco De Rose and Faisal Hamdard were elected as new board members. Magnus Sparrholm was re-elected Chairman of the Board. Balmer-Etienne AG was elected as new auditor.
Magnus Sparrholm was re-elected, and Nico Tschanz was newly elected as responsible for formulating remuneration guidelines for senior executives in accordance with the Board's proposal.
The Annual General Meeting decided to limit the remuneration of the Board up to and including the end of the AGM 2023 to a maximum of CHF 72’000. It was decided that management should receive a maximum of CHF 600'000 total salary until the AGM in 2023 and a maximum of CHF 60'000 variable salary for 2023.
This is a simplified summary published immediately after the AGM. Complete Minutes of Meeting and eventually also the Public Deed will be published on Talkpool's homepage www.talkpool.com.
For additional information contact:
CEO Erik Strömstedt, erik.stromstedt@talkpool.com, Tel: +41 81 250 2020
Talkpool provides sustainable services for telecommunication networks and smart buildings globally. Both the building and network services are underpinned by internet technology. See www.talkpool.com for more informaiton.
Certified Advisor: Erik Penser Bank, +46 8 463 8000, www.penser.se