The Annual General Meeting of
All resolutions were made in accordance with the proposals of the Board of Directors or the Nomination Committee. Complete information regarding the proposals to the AGM is available on the company's website, www.fagerhultgroup.com.
Income statement and balance sheets
The AGM adopted the income statement and the balance sheet for the parent company as well as the consolidated income statement and the consolidated balance sheet for the financial year 2022.
Dividend
The AGM resolved to pay a dividend to the shareholders of
Discharge from liability
Each of the members of the Board of Directors and the CEO were discharged from liability for their administration of the company during the financial year 2022.
Fees
The AGM resolved on fees to the members of the Board of Directors and to the Chairman of the Board of Directors, as well as fees for work in the committees of the Board of Directors as follows:
SEK 1,010,000 to the Chairman of the Board of Directors;SEK 390,000 each to the other members of the Board of Directors elected by the AGM and not employed in theFagerhult Group ;SEK 134,000 to the Chairman of the Audit Committee andSEK 80,000 each to the other members of the Audit Committee; andSEK 50,000 to the Chairman of the Remuneration Committee andSEK 25,000 each to the other members of the Remuneration Committee.
The AGM resolved that the company's auditor's fees will be paid based on current account.
Board of Directors
The AGM elected members of the Board of Directors.
Auditor
The AGM elected the auditing firm
Principles for the composition of the Nomination Committee
The principles for the composition of the Nomination Committee were adopted. The adopted principles are in line with the principles adopted and in force during 2019-2022.
Principles for remuneration to senior management
The principles for remuneration to senior management were adopted.
Remuneration Report for 2022
The AGM approved the
2023 Performance-based Share-Savings Plan
The AGM resolved to approve a performance-based share-savings plan (the "2023 Performance-based Share-Savings Plan"). The AGM also resolved to approve the delivery and hedging measures proposed by the
Board of Directors for the 2023 Performance-based Share-Savings Plan.
The program includes up to 90 senior executives in the
Following the publication of
The maximum number of shares in
Earnings per allotted share are limited to a maximum amount of
The Board of Directors has estimated the average value of each performance share right at approximately
The cost of the 2023 Performance-based Share-Savings Plan in the form of personnel costs is estimated to amount to approximately
The main motives for establishing the 2023 Performance-based Share-Savings Plan are to strengthen the company's ability to recruit and retain employees, spread and increase shareholding among employees and create a group-wide focus for the employees concerned.
Authorisations to the Board regarding acquisition and disposal of own shares
In order to secure the company's commitments under the 2023 Performance-based Share-Savings Plan and to be able to use repurchased shares in connection with possible acquisitions and to be able to adapt the company's capital structure and thereby contribute to increased shareholder value, the AGM resolved to authorize the Board of Directors to, on one or more occasions during the period until the next annual general meeting, acquire own shares on Nasdaq Stockholm to the extent the company holds total shares amounts to a maximum of one tenth of all shares in the company. Acquisitions according to the authorization must take place at a price within the price interval registered at any given time. The AGM further resolved to authorize the Board of Directors to transfer a maximum of 1,344,284 repurchased shares free of charge to participants in the 2023 Performance-based Share-Savings Plan who are entitled to receive allotment of shares in accordance with the terms of the program.
Company name and amendment of the articles of association
The AGM resolved to change
Minutes with complete resolutions from the AGM will be made available on the company's website, www.fagerhultgroup.com, no later than
Habo,
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https://news.cision.com/fagerhult/r/decisions-at-the-annual-general-meeting-25-april-2023,c3756519
https://mb.cision.com/Main/1781/3756519/2011368.pdf
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