Transcendent Group AB (publ) has today held its Annual General Meeting. The Meeting was carried out through advance voting (postal voting), without physical presence. Below follows a summary of resolutions taken at the Annual General Meeting. For full details of all decisions, please see the annual general meeting documents available on the company's website https://transcendentgroup.com/investor-relations/#general-meetings.
Annual accounts and discharge from liability
The parent company and the Group's profit and loss account and balance sheet were adopted. The Board of Directors and the CEO were discharged from liability for the financial year 1 January – 31 December 2021.
The Annual General Meeting resolved, in accordance with the Board of Directors’ proposal, that a dividend of SEK 1.50 per share shall be distributed to the shareholders, and that the remaining earnings at disposal will be carried forward to the new financial year. The record date for the payment shall be on Thursday, June 2, 2022.
Board of Directors and auditors
It was resolved that the Board of Directors shall consist of five ordinary board members. Sigrun Hjelmqvist, Magnus Juvas, Ingrid Nordlund and Jan Palmqvist was re-elected as members of the Board of Directors and Martin Malm is elected as a new member of the Board of Directors. Martin Malm was elected as new Chairman of the Board.
The authorized accounting firm KPMG AB was elected as auditor for the time until the end of the next Annual General Meeting.
Remuneration to Board of Directors and auditors
The Annual General Meeting resolved, in accordance with the Committee's proposal, that remuneration of SEK 240,000 shall be paid to the Chairman of the Board, SEK 120,000 to each Board member, SEK 60,000 to the Chairman of the Risk & Audit Committee and SEK 30,000 to each of the other members of the Risk & Audit Committee. Remuneration to auditors is paid in accordance with approved invoice.
Resolution on the amendment of the Articles of Association
The Annual General Meeting resolved, in accordance with the Board of Directors’ proposal, to amend item 6 of the Articles of Association regarding the composition of the Board of Directors.
Resolution regarding authorisation for the Board of Directors to resolve on new share issue.
The Annual General Meeting resolved, in accordance with the Board of Directors’ proposal, to authorise the Board of Directors to decide upon an issue of shares in the Company corresponding to not more than 10 per cent of the Company’s total outstanding number of shares at the time for the Annual General Meeting, with or without deviation from the shareholders’ preferential right.