Bulletin from Egetis Therapeutics’ Annual General Meeting 2022
May 30, 2022
Stockholm, Sweden, May 30, 2022. Egetis Therapeutics AB (publ) (STO: EGTX) today announced that the Annual General Meeting (AGM) has been held on May 30, 2022, at which meeting submitted proposals were passed. The complete resolution proposals are stated in the AGM notice.
The meeting was held through postal voting in accordance with temporary legislation. Among other items of business, the following resolutions were taken:
The income statements and balance sheets were adopted, together with the Board of Directors' proposal for allocation of the company’s result. The Board of Directors and CEO were discharged from liability for the financial year 2021.
Thomas Lönngren, Mats Blom, Gunilla Osswald, Elisabeth Svanberg and Peder Walberg were re-elected as members of the Board. Thomas Lönngren was re-elected as Chairman of the Board.
The AGM voted on directors’ fees in accordance with the Nomination Committee’s proposal, i.e. that fees to the Board members and to the Chairman of the Board should be paid as follows:
It was resolved that remuneration shall be paid with SEK 600,000 for the chairman, SEK 225,000 for other board members not employed by the company and that no remuneration be paid to board members who are employed by the company. Furthermore, SEK 50,000 shall be paid to the chairman of the audit committee and SEK 25,000 to each other member of the audit committee. Finally, SEK 30,000 shall be paid to the chairman of the remuneration committee and SEK 15,000 to each other member of the remuneration committee.
It was resolved to elect the registered accounting firm Öhrlings PricewaterhouseCoopers AB (PwC) as auditor. Authorized public accountant Leonard Daun will assume the role as auditor in charge.
The Nomination Committee´s proposal regarding the establishment of a Nomination Committee and Nomination Committee instructions was approved.
The remuneration guidelines for senior executives was approved by the AGM.
The AGM approved the Board of Directors’ remuneration report for 2021.
The proposed new Articles of Association were adopted. In particular, the new Articles allow the company to collect proxies in accordance with the procedure set out in the Swedish Companies Act and to resolve that shareholders shall be entitled to exercise their voting rights by post.
The AGM approved the proposal from the Board of Directors regarding the introduction of a long-term incentive program for the company’s management and key personnel.
The AGM voted, in accordance with the Board of Directors’ proposal, to authorize the Board of Directors, to issue shares, warrants and/or convertibles.
Minutes with complete resolutions from the AGM will be made available on the company´s website, www.egetis.com