According to the Swedish Companies Act, the Annual General Meeting is the company's highest decision-making body. At the Annual General Meeting, the shareholders exercise their voting rights in key issues, such as approval of income statements and balance sheets, disposition of the company's profits, granting discharge from liability for board members and the CEO, election of board members and auditors and remuneration to board members and auditors.
The Annual General Meeting shall be held within six months from the end of each financial year. In addition to the Annual General Meeting, the company may convene an Extraordinary General Meeting.
Notice of the Annual General Meeting
According to the Articles of Association, notice of the Annual General Meeting is given by advertising in Post- och Inrikes Tidningar and by keeping the notice available on the company's website. That summons has been issued shall at the same time be announced in Svenska Dagbladet.
Right to participate in the Annual General Meeting
In order to participate in the Annual General Meeting, shareholders must be entered in the share register kept by Euroclear Sweden AB no later than five working days before the meeting, and register with the company (including any assistants) no later than the date specified in the notice. This day may not be Saturday, Sunday, public holiday, Midsummer's Eve, Christmas Eve or New Year's Eve and may not fall earlier than the fifth weekday before the meeting. The shareholders can normally register their participation in the Annual General Meeting in a number of different ways, which are stated in the notice convening the meeting.