Notice from the annual general meeting of shareholders in XMReality AB (publ), 25 April 2019

Thursday, 25 APRIL 2019 16:30 CET

XMReality AB (publ) (NASDAQ First North: XMR) held the annual general meeting of shareholders in the company on Thursday 25 April 2019 and the meeting resolved to adopt the financial statements for 2018. 

XMReality AB (publ) (NASDAQ First North: XMR) held the annual general meeting of shareholders in the company on Thursday 25 April 2019 and the meeting resolved to adopt the financial statements for 2018.  

The AGM resolved the following: 

Adoption of the financial statements and treatment of loss 

The AGM resolved to adopt the financial statements for 2018. The AGM further resolved in favor of the board proposal on treatment of loss, by which non-restricted equity of SEK 34,432,729, including the loss for the year, was retained. 

Board of directors and auditor 

The AGM discharged directors and the chief executive officer from liability for the 2018 financial year. The AGM resolved that the board will be composed of six directors and no alternates, as proposed by the Nomination Committee. Directors Claes Nylander, Anders Ferntoft, Johannes Fabó, and Carina Qvarngård were reelected. Björn Persson and Tommy Johansson were elected as new directors. Chairman of the Board Claes Nylander was reelected. 

The AGM elected Öhrlings PricewaterhouseCoopers AB as the auditor, with Niklas Kullberg serving as auditor-in-charge.  

Directors’ fees 

As proposed by the Nomination Committee, directors’ fees for the term ending at the close of the next AGM will be paid in the amount of SEK 200,000 to the chairman and SEK 100,000 to each non-executive director. 

Amendment of the wording of section 2 of the Articles of Association 

The AGM resolved in favor of the board proposal to amend the wording of section 2 of the Articles of Association.  

Incentive program for employees 

The AGM resolved in favor of the board proposal to institute an incentive program for employees through a directed issue of warrants and subsequent subscription for new shares in the company. The employee stock option plan will cover a maximum of 500,000 warrants, each carrying the right to subscribe for one (1) new share in XMReality.

It was recorded that all decisions were unanimous. 

For more information, please contact:
Johan Castevall, CEO XMReality
Phone: +46 (0)73 356 04 81
Email: 
johan.castevall@xmreality.se 

About XMReality 

XMReality AB (publ) develops and sells solutions that revolutionize knowledge sharing through augmented reality (AR). The company is a market leader in remote guidance, which uses AR to guide onsite staff and enable them to resolve or prevent problems. XMReality’s customers are mainly global industrial companies, including Bosch Rexroth, ABB, Siemens industrial Turbomachinery, Electrolux and Bombardier. XMReality is based in Linköping, Sweden, and is listed on Nasdaq First North (ticker: XMR).  For more information, please visit: www.xmreality.se 

XMReality's Certified Adviser is Redeye AB. 

certifiedadvisor@redeye.se 

Phone: +46 (0)8 545 013 30 

www.redeye.se 

The information in this news release is such that XMReality AB (publ) is required to make public in accordance with the Market Abuse Regulation issued by the EU and/or the Swedish Securities Market Act. The information was released by the aforementioned contact person for publication on Thursday 25 April 2019 at 16:30 CET.