Decisions at the AGM of Corem Property Group AB (publ)

At the Annual General Meeting (AGM) of Corem Property Group AB on 28 April 2023 the following decisions were made, among others.

Dividend

The AGM decided in accordance with the Board of Directors’ proposal of a dividend of SEK 0.40 per ordinary share of Class A and Class B and SEK 20.00 per ordinary share of Class D and preference share for the 2022 financial year.

The dividend amount of in total SEK 0.40 per ordinary share of Class A and Class B shall be distributed in four equal instalments of SEK 0.10 each. The dividend amount of in total SEK 20.00 per ordinary share of Class D and preference share shall be distributed in four equal instalments of SEK 5.00 each.

The record days for payment of dividends on ordinary shares and preference shares shall be;

• 30 June 2023, with expected payment date 5 July 2023,
• 29 September 2023, with expected payment date 4 October 2023,
• 29 December 2023, with expected payment date 4 January 2024, and
• 28 March 2024, with expected payment 4 April 2024.
   

Board of Directors and auditors

The AGM decided that the number of directors in the Board of Directors shall increase from six to seven directors.

The AGM decided that for the period until the end of the next AGM, Patrik Essehorn, Christina Tillman, Fredrik Rapp, Katarina Klingspor, Magnus Uggla and Christian Roos shall be re-elected as directors, and also decided on new election of Rutger Arnhult as director. Patrik Essehorn was elected as chairman of the Board of Directors.

The AGM decided that the number of auditors shall remain unchanged with one auditor.

The AGM decided on re-election of the registered public accounting firm Ernst & Young Aktiebolag until the end of the next AGM, with the authorised public accountant Katrine Söderberg as the main responsible auditor.

Furthermore, the AGM decided that the remuneration of the board shall amount to SEK 560,000 (550,000) for the chairman and SEK 305,000 (300,000) for each of the other directors.

The AGM decided, in the event that the Board of Directors considers that there is a need for a Finance and Audit Committee and thus revolves to establish such a committee, that the chairperson of the Finance and Audit Committee shall receive an additional remuneration of SEK 75,000, and that the other members of the committee shall receive an additional renumeration of SEK 50,000.

Remuneration report

The AGM approved the Board of Directors‘ remuneration report in accordance with Chapter 8, Section 53 a of the Swedish Companies Act.

Guidelines for remuneration to senior executives

The AGM approved the board's proposal for guidelines for remuneration to senior executives.

Authorisation for new issues

The AGM decided in accordance with the Board of Directors’ proposal to authorise the Board of Directors to decide on new issues of shares.

Authorisation to acquire and transfer the company’s own shares

The AGM decided in accordance with the Board of Directors’ proposal to authorise the Board of Directors to decide on acquiring and transfer the company’s own shares.

Corem Property Group AB (publ)
 

FOR FURTHER INFORMATION, PLEASE CONTACT
Eva Landén, CEO, +46 10 482 76 50, [email protected]

Corem Property Group AB (publ)
Address: P.O. Box 56085, SE-102 17 Stockholm
Visitors: Riddargatan 13 C
Reg.no: 556463-9440
www.corem.se

This press release is in all respects a translation of the Swedish original press release. In the event of any discrepancies between this translation and the Swedish original, the latter shall prevail.