Bulletin from the Annual General Meeting of ExpreS2ion Biotech Holding AB held on 24 May 2023
Helsingborg, Sweden, 24 May 2023 – The annual general meeting 2023 ("AGM") of ExpreS2ion Biotech Holding AB ("ExpreS2ion" or the "Company") was held today, 24 May 2023, in Helsinborg, Sweden.
Adoption of the income statement and the balance sheet
The AGM resolved to adopt the 2022 income statement and the balance sheet in ExpreS2ion, and the group income statement and the group balance sheet.
Allocation of profit
The AGM resolved not to pay any dividend to the shareholders and that the Company's results according to the established balance sheet are balanced in a new account.
Discharge from liability
The board of directors and the CEO were discharged from liability for the financial year 2022.
Election of the board of directors, auditor and remuneration
The AGM resolved that the board of directors shall consist of four directors without deputies. The AGM further resolved that the number of auditors shall be one.
It was further resolved that the remuneration to the board of directors shall amount to SEK 625,000 in total and shall be paid to the board of directors as follows:
- SEK 250,000 to the chairman and SEK 125,000 to the other directors.
It was further resolved that remuneration to the auditor shall be paid in accordance with approved invoices.
Martin Roland Jensen, Jakob Knudsen, Karin Garre and Sara Sande were re-elected as directors of the board. Martin Roland Jensen was re-elected as chairman of the board.
Ernst & Young Aktiebolag was re-elected as the Company's auditor. Ernst & Young Aktiebolag has announced that Daniel Åkeborg will continue to act as main responsible auditor.
Authorisation for the board to issue shares, convertibles and/or warrants
The AGM resolved, in accordance with the board of directors' proposal, to authorize the board of directors during the period up until the next annual general meeting, on one or more occasions, to resolve to issue shares, convertibles and/or warrants, with or without preferential rights for the shareholders, corresponding to not more than 20 percent of the share capital of the Company after completed issuances based on the number of shares at the time of the annual general meeting, to be paid in cash, in kind and/or by way of set-off.
The purpose for the board to resolve on issuances with deviation from the shareholders preferential rights in accordance with the above is primarily for the purpose to broaden the shareholder base, raise new capital to increase flexibility of the Company or in connection with acquisitions. If issuances are carried out with deviation from the shareholders' preferential rights, such issue shall be made in accordance with customary market terms. If the board of directors finds it suitable in order to enable delivery of shares in connection with a share issuance as set out above, it may be made at a subscription price corresponding to the share’s quota value.
For further details regarding the resolutions set out above, refer to the complete proposal in the notice and the annual report available at the Company's website, www.expres2ionbio.com.
Certified Adviser
Svensk Kapitalmarknadsgranskning AB
The information was sent for publication, through the agency of the contact persons set out above, at the time stated by the Company’s news distributor, Cision, at the publication of this press release.