Resolutions by Catena’s Annual General Meeting on 25 April 2019
25 April 2019 6:15 p.m.
Catena AB (publ) held its Annual General Meeting on 25 April 2019. In his speech at the Annual General Meeting, Chief Executive Officer, Benny Thögersen, gave an account of the 2018 financial year.
Following the adoption of the balance sheet and income statement in the Annual Report, the Meeting resolved, in accordance with the Board’s proposal, to approve payment of a dividend of SEK 5.75 per share. The record date was set as 29 April 2019 and the dividend is expected to be paid on 3 May 2019.
The Annual General Meeting resolved that the number of Board Members elected by the Annual General Meeting should be seven ordinary members with no deputies. The Meeting approved the Nomination Committee’s proposal that Henry Klotz, Gustaf Hermelin, Katarina Wallin, Hélène Briggert, Tomas Andersson and Ingela Bendrot be re-elected as ordinary Board Members, that Magnus Swärdh be newly elected as ordinary Board Member, and that Gustaf Hermelin be re-elected as the Chairman of the Board. The auditing firm, PricewaterhouseCoopers AB was appointed auditor, with authorised public accountant Mats Åkerlund as the principal auditor. The Annual General Meeting discharged the Board members and CEO from liability for the 2018 fiscal year.
The Annual General Meeting approved the Nomination Committee’s proposal for remuneration of SEK 330,000 (previously SEK 300,000) for the Chairman of the Board and SEK 165,000 (previously SEK 150,000) for each of the other Board members not employed by the Company. The Meeting resolved that remuneration for work in the Remuneration Committee would be added in the amount of SEK 40,000 (previously SEK 40,000), to be distributed with SEK 20,000 being paid to the chairman of the committee and SEK 10,000 each being paid to the other two members; that remuneration for work in the Audit Committee would be added in the amount of SEK 100,000 (previously SEK 100,000), to be distributed with SEK 50,000 being paid to the chairman of the committee and SEK 25,000 each being paid to the other two members.
It was resolved that fees to the auditors be paid according to customary standards and approved invoicing. The Board’s proposal for remuneration principles for senior executives was also approved. The Annual General Meeting resolved that no changes be made to the instructions on the composition of the Nomination Committee and that fees should not be paid to the members of the Nomination Committee.
In accordance with the proposal presented, the Annual General Meeting authorised the Board to acquire and divest treasury shares. Acquisitions and divestments may not exceed one-tenth of the Company’s total shares. The Annual General Meeting also authorised the Board to decide on a new share issue not exceeding one-tenth of the total number of shares outstanding.
For further information, please contact
Gustaf Hermelin, Chairman
Tel. +46 705-60 00 00
Benny Thögersen, CEO
Tel. +46 706-60 83 50