Communiquè from the AGM of White Pearl Technology Group
Stockholm 20th May, 2025. White Pearl Technology Group AB (WPTG) held its Annual General Meeting today, May 20. Below is a summary of the material decisions made at the meeting.
- The meeting resolved to approve the income statement and balance sheet, as well as the consolidated income statement and consolidated balance sheet, and to allocate the company's loss according to the adopted balance sheet.
- The meeting resolved to grant discharge from liability to the board members and the CEO.
- The meeting resolved that the board shall consist of four regular board members and that an authorized auditor be elected for the company.
- The meeting re-elected the chairman Sven Otto Littorin as weel as board members Arne Nabseth and Marco Marangoni (also CEO of the company). Jari Koister was elected as new board member. Anna Weiner Jiffer had declined re-election.
Jari Koister, born 1965, holds a Ph.D. in Technology and an MS in Math and Computer Science. He also has a position of Professor of Data Science at the University of California, Berkeley. He brings a strong track record of transforming and scaling organizations while uncovering new market opportunities in data, AI, machine learning, and cloud services. He has held senior leadership roles at FICO, Oracle, Twitter, Salesforce, and CommerceOne, where he combined deep technical expertise with strategic vision to drive innovation, accelerate growth, and deliver measurable business impact.
- The non-executive board members will each be remunerated with SEK 200,000, and the chairman with SEK 500,000.
- The authorized auditor Johan Kaijser was re-elected as the company’s auditor.
- Resolution on authorization
The meeting resolved that the board, on one or more occasions until the next Annual General Meeting, may resolve on new issues of shares (a maximum of 27,000,000 series B shares) and warrants (a maximum of 1,000,000, giving the right to subscribe for a maximum of 1,000,000 series B shares). The board shall be able to resolve on issues of shares and warrants against cash payment, with deviation from the shareholders’ preferential rights and/or with a provision for payment in kind, set-off, or otherwise subject to conditions in accordance with Chapter 2, Section 5, second paragraph, items 1-3 and 5 of the Swedish Companies Act.
This information was submitted for publication through the agency of the board on the 20th of May 2025, at 12.00 CEST.
The Company's Certified Adviser is Amudova.