Summary of the Annual General Meeting 2023

The Annual General Meeting, held on 16 June 2023 in Stockholm, approved all proposed ordinary resolutions, while the extraordinary resolution obtained one out of two required approvals and will undergo a fresh voting

The AGM unanimously approved the annual report and the auditor report of the Company and the Group, including the income statement and the balance sheet, for the financial year ending 31 December 2022.

All members of the Board of Directors, namely, Olga Finkel, Thomas Kalita and Ralf Feldt, stood for re-election and were so re-elected until the next annual general meeteing. Olga Finkel was also re-elected as chairperson of the Board for another year. 

The Company's auditor has been re-appointed for another year. 

Thomas Kalita, Company CEO, highlighted in his CEO Statement that 2022 was a very challenging year, but the Company had put in place the turn-around case for the business to return on the path of growth. 

The proposed extraordinary resolution (item 10 of the AGM agenda) received the unanimous approval of all shares represented at the meeting, but did not received the approval of at least 51% of all issued shares in the Company due to lack of attendance (8.52% of all issued ordinary shares of the Company were represented at the AGM). Since one out of two approvals was received at the meeting, in accordance wtih the applicable law, the voting on the extraordinary resolution was adjourned and will be held again at the the meeting to be convened for this purpose on 14 July 2023.