Notification of White Pearl Technology Group's Annual General Meeting
Shareholders of White Pearl Technology Group AB, reg.nr 556939-8752 (the "Company"), are hereby invited to attend the Annual General Meeting on Monday 29th of July 2024, 13.00 CEST at White Pearl Technology Group, Nybrogatan Business Center, Nybrogatan 34 in Stockholm.
REGISTRATION
Shareholders who wish to participate in the Annual General Meeting must:
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be included as a shareholder in the share register maintained by Euroclear Sweden AB regarding the status on 19 July 2024 and
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notify the Company of their and eventual proxies’ intention to attend the Annual General Meeting on Tuesday 25th July 2024 at latest. Notification can be made in writing to the address White Pearl Technology AB, Box 5216,102 45 Stockholm, by phone +46 8 6706557, or by e- mail ir@whitepearltech.com
Notification of participation must contain name/company name, personal or corporate identity number, address, phone number and, if applicable, information on a maximum of two representatives and/or deputies. Complete authorization documents such as registration certificates or equivalent must also be attached to the notification, where applicable, for example regarding legal entities.
NOMINIEE REGISTERED SHARES
Shareholders whose shares are held in the name of a nominee must, in order to have the right to participate in the meeting, request to be temporarily entered in the share register maintained by Euroclear Sweden AB. Such registration can be temporary (so-called “voting right registration”) and may be requested from the nominee in accordance with the nominee’s procedures at a time in advance as determined by the nominee.
Voting right registration carried out not later than 16 July 2024 will be taken into account in the preparation of the share register.
PROXY-VOTING AND MORE
Shareholders who are represented by proxy must issue a written and dated power of attorney for the proxy or, in the event that the right to represent the shareholder’s shares is divided among different persons, the proxies, specifying the number of shares the respective proxy has the right to represent. The power of attorney is valid for a maximum of one year from issuance, or for the longer period of validity specified in the power of attorney, but no longer than five years from issuance. If the power of attorney was issued by a legal entity, a certified copy of the registration certificate or an equivalent document for the legal entity, that demonstrates authority to issue the power of attorney must be attached. The original power of attorney and any certificate of registration should be sent in good time before the meeting by letter to the Company at the above address. Proxy forms are kept available on the Company’s website no later than three weeks before the meeting.
PROPOSED AGENDA
1. Election of chairman of the meeting.
2. Preparation and approval of the voting list.
3. Approval of the agenda.
4. Election of one or two persons who shall approve the minutes of the meeting.
5. Determination of whether the meeting has been duly convened.
6. Presentation of the annual report and audit report as well as the consolidated report and consolidated audit report.
7. Resolution on:
a) The adoption of the profit and loss statement and the balance sheet and, when applicable, the consolidated profit and loss statement and the consolidated balance sheet.
b) The allocation of the Company’s profit or loss according to the adopted balance sheet.
c) The members of the board of directors’ and the managing director’s discharge from liability.
8. Determining the number of board members and auditors.
9. Determining the fees for the board and the auditors.
10. Election of board members, board chairman and auditors.
11. Resolution to establish a nomination committee.
12. Closure of the meeting.
PROPOSAL FOR RESOLUTIONS
Item 1 - Election of chairman of the meeting
The board proposes that chairman of the board Sven Otto Littorin be elected chairman of the meeting.
Item 7 - b Resolution on the allocation of the Company’s profit or loss according to the adopted balance sheet
The board proposes that the company's results according to the established balance sheet be balanced in a new account and that no dividend is thus paid.
Item 8-10 – Election of board members and auditor etc.
It is proposed that the board, for the time until the end of the next annual general meeting, shall consist of four (4) ordinary board members. Re-election is proposed of the ordinary board members Sven Otto Littorin, Marco Marangoni and Anna Weiner Jiffer, as well as a new election of Arne Nabseth. Sven Otto Littorin is proposed to be the chairman of the board.Mark Nycander Ali has declined re-election to the board.
Consideration to the board for the period until the end of the next annual general meeting is proposed to be paid with SEK 500,000 to the chairman of the board and SEK 200,000 to each other member who do not receive a salary from the Company.
It is proposed, for the time until the end of the next annual general meeting, the election of the audit company GO Revision & Consulting with the authorized auditor Johan Kaiser as the auditor in charge.
Consideration to the auditor is proposed to be paid on an ongoing basis, during the auditor’s election period, according to approved invoices.
Item 11 – Resolution to establish a nomination committee
It is proposed that the general meeting establishes a nomination committee for the Company.
Anna Weiner Jiffer is proposed to convene the Company’s three largest shareholders in good time before the next annual general meeting to establish the nomination committee, as well to act as the convener for the nomination committee.
OTHER
Processing of personal data
In connection with the notification to the general meeting, the Company will process the personal data requested as above regarding shareholders. The personal data collected from the share register, notification of participation in the general meeting as well as information about proxies and representatives will be used for registration, drawing up the voting list for the general meeting and, where applicable, meeting minutes. The personal data will only be used for the general meeting.
For further information on how your personal data is processed, please refer to the privacy policy available on Euroclear Sweden AB's website: http://www.euroclear.com/dam/ESw/Legal/Integritetspolicy-bolagsstammor-svenska.pdf.
Documents
The annual report, audit report and documents according to the Swedish Companies Act will be available to the Company's shareholders at the latest three weeks before the annual general meeting at the Company's address, White Pearl Technology Group AB, Box 5216,102 45 Stockholm, on the Company's website www.whitepearltech.com and sent to shareholders who so request and who states their postal address.
Information at the meeting
The shareholders are informed of their right to request information from the board and the managing director according to Chapter 7 Section 32 of the Companies Act.
Stockholm in May 2024
White Pearl Technology Group AB The Board
This information was submitted for publication, through the agency of the board on the 28th of June, 2024, at 15.00 CEST.
For further information, please contact:
Marco Marangoni, CEO, White Pearl Technology Group
E-mail: ir@whitepearltech.com, Phone: +598 93 370 044
Jenny Öijermark, IR-Manager, White Pearl Technology Group
E-mail: jenny.oijermark@whitepearltech.com, Phone: +46 707340804
The Company's Certified Adviser is Swedish North Point Securities AB.
About White Pearl Technology Group
White Pearl Technology Group, based in Stockholm and listed on the Nasdaq First North Growth Market as WPTG, comprises 30 companies operating in the information technology space. These are diversified IT companies selling their own solutions and products, as well as the services and products of third-party vendors. The group has a presence in more than thirty countries worldwide. The current focus of the group’s business is on emerging markets in Africa, Asia, the Middle East, and, to a lesser extent, Latin America. They also operate in more mature markets in Europe and the USA. www.whitepearltech.com