In accordance with the notice published on December 19, 2024, the Annual General Meeting of Norditek Group AB, corporate registration number 559307-6986, was held on January 23, 2025.
The following resolutions were adopted at the Annual General Meeting. For more detailed information regarding the content of the resolutions, please refer to the notice of the meeting and the complete proposals for resolutions, which have previously been published and are available on the company’s website, www.norditek.se (https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.norditek.se%2F&data=05%7C02%7Cphilip.bergendahl%40norditek.se%7C3b14de15b22948df0ff308dd3b91c141%7C519d6e250e6d4b79986ab92d97fa92ad%7C0%7C0%7C638732219370158093%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=evOyYYnEtSJ2RcAGXpUmrRwBSIYo2mh7N3jGd3Dq9YM%3D&reserved=0)
Allocation of results
The AGM resolved to adopt the presented income statement and balance sheet and the consolidated income statement and balance sheet. The meeting also decided to transfer the company's unrestricted equity to a new account.
Discharge from liability
The Annual General Meeting resolved to discharge the members of the Board of Directors and the CEO from liability for the fiscal year from September 1, 2023, to August 31, 2024.
Election of the board of directors and auditor
The meeting resolved that the Board of Directors shall consist of five (5) members, with no alternates. The following individuals were elected to the Board by the meeting:
· Göran Nordlund, Chair – re-elected
· Daniel Carlberg – re-elected
· Martin Larsson – re-elected
· Nina Modig – re-elected
· David Schelin – newly elected
The meeting also resolved to elect Bright Norr AB as auditing company with Oskar Hettinger as auditor in charge.
Determination of fees for the board of directors and the auditor
The Annual General Meeting resolved that a board fee of SEK 58,800 (one price base amount, 2025) shall be paid to the external board members for the period until the end of the next Annual General Meeting. Other board members who are also major shareholders in the Company shall not receive any board fee. It was further resolved that fees to the auditor shall be paid in accordance with an approved invoice.
Authorized for the rights issue
The meeting decided to authorize the Board of Directors to decide on a new issue of shares with or without deviation from the shareholders' preferential rights. The purpose of the authorization is to increase financial flexibility and the Board's scope of action. The authorization may be used to issue a maximum of ten (10) percent of the total number of outstanding shares in the Company at the time of the issue decision. The issue price shall be determined on market terms.
Establishment of warrant programs
The Annual General Meeting resolved to establish a stock option plan for senior executives and key employees. Under the stock option program, the company will issue a maximum of 175,000 warrants to its wholly owned subsidiary Norditek AB, entitling the holder to subscribe for a maximum of 175,000 shares in the company, with Norditek AB having the right and obligation to manage the warrants in accordance with the stock option program.
At the meeting, 80.7 percent of Norditek’s shares and votes were represented.
Gothenburg, January 23, 2025
The Board of Directors
For further information:
Daniel Carlberg
President and CEO Norditek Group AB
Daniel.carlberg@norditek.se