The annual general meeting 2020 (the "AGM") of
Adoption of the income statement and the balance sheet
The AGM resolved to adopt the income statement and the balance sheet in Embracer and the consolidated income statement and the consolidated balance sheet.
Allocation of profit
The AGM resolved that no dividend would be paid to the shareholders and that the previously accrued profits, including the share premium account and year result, in total
Discharge from liability
The directors of the board and the CEO were discharged from liability for the financial year 2019/2020.
Election of the board of directors, auditor and remuneration
The AGM resolved that the board of directors shall consist of seven directors without any deputy directors. The AGM resolved that the number of auditors shall be one registered audit firm.
The AGM futher resolved that the remuneration to the board shall be in totalt
It was further resolved that remuneration to the auditor shall be paid in accordance with approved invoices.
Ernst & Young Aktiebolag was re-elected as the Company auditor. Ernst & Young Aktiebolag has announced the authorized auditor
Resolution regarding amendments of the articles of association
The AGM resolved, in accordance with the board of directors' proposal, to amend the Company's articles of association regarding the item on participation at general meetings following changes in applicable law with respect to the record date.
Authorisation for the board to issue shares, convertibles and/or warrants
The AGM resolved, in accordance with the board of directors' proposal, to authorize the board of directors during the period up until the next annual general meeting to, on one or more occasions, resolve to issue B shares, convertibles and/or warrants with right to convert into and subscribe for B shares respectively, with or without preferential rights for the shareholders, in the amount not exceeding ten (10) percent of the total number of shares in the Company at the time when the authorization is used the first time, to be paid in cash, in kind and/or by way of set-off. The purpose for the board to resolve on issuances with deviation from the shareholders preferential rights in accordance with the above is primarily for the purpose to raise new capital to increase flexibility of the Company or in connection with acquisitions.
For further details regarding the resolutions at the general meeting refer to the complete proposals and the notice which are available at the Company and have been made public at the Company's website www.embracer.com
For more information, please contact:
Tel: +46 708 47 19 78
E-mail: lars.wingefors@embracer.com
About
With its head office based in Karlstad,
For more information, please visit: http://www.embracer.com
https://news.cision.com/embracer-group-ab/r/announcement-from-embracer-group-s-annual-general-meeting,c3195264
https://mb.cision.com/Main/15049/3195264/1307075.pdf
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