Annual General Meeting 2015
The Annual General Meeting (“AGM”) of Inwido AB was held Tuesday May 12, 2015 at Malmö Börshus. At the meeting, CEO Håkan Jeppsson accounted for his view of the operating year 2014 and the beginning of 2015, where he stated that 2014 was a year that everyone has reason to be proud of.
"We gained market share in our largest markets, enjoyed our most profitable year to date and took an important step with the IPO in September. It is also gratifying to see that we continue our stable development and deliver a good first quarter 2015. This is promising for the remainder of the year."
Further, the following principal resolutions were passed:
Election of Board of Directors and Auditor
Arne Frank, Benny Ernstson, Eva S. Halén, Leif Johansson, Henrik Lundh and Anders Wassberg were re-elected as Board members and Sisse Fjelsted Rasmussen was elected as a new Board member. Arne Frank was re-elected as Chairman of the Board. Eva Melzig Henriksson was re-elected as auditor and Linda Bengtsson as deputy auditor.
At the subsequent statutory board meeting it was resolved to elect Arne Frank and Henrik Lundh as members of the Remuneration Committee, Arne Frank being chairman of the committee. Arne Frank, Sisse Fjelsted Rasmussen, Henrik Lundh and Anders Wassberg were elected members of the Audit Committee, Arne Frank being chairman of the committee.
It was resolved that the fees to the Board of Directors should be SEK 205,000 to each Board member not employed by the company and SEK 420,000 to the Chairman of the Board. It was further resolved that no special fees for Committees work shall be paid. The Meeting resolved that the auditor shall be remunerated according to agreement.
The AGM resolved in accordance with the proposal from the Board and the CEO about dividend amounting to SEK 2.00 per share. The record date for the dividend shall be Friday May 15, 2015, thus dividend is expected to be paid by Euroclear Sweden AB starting Wednesday May 20.
Guidelines for remuneration to senior executives
In accordance with the proposal by the Board, the AGM resolved upon guidelines for remuneration to senior executives principally entailing the following. The total remuneration and the terms and conditions for the senior executives should correspond to relevant market conditions and will include fixed salary, variable remuneration, pension benefits, other benefits as well as conditions for termination. The variable remuneration is to be based on the outcome of predetermined objectives. The variable cash remuneration is to be limited to 50% of the fixed annual salary. Variable remuneration may also be paid in the form of long-term incentive programs. Pension benefits must be premium-based. The Board of Directors may derogate from these guidelines in certain cases if there are special reasons for doing so.