Nolato today held its Annual General Meeting.
The meeting resolved in accordance with all proposals of the Board and the Nomination Committee.
Dividend:
The AGM resolved in accordance with the proposal of the Board of Directors that no dividend be paid. However, during the year the Board will consider proposing a dividend for the 2019 fiscal year if and when the external situation changes.
The Board:
The AGM re-elected the Board members Fredrik Arp, Dag Andersson, Sven Boström-Svensson, Lovisa Hamrin, Åsa Hedin, Lars-Åke Rydh and Jenny Sjödahl. Erik Lynge-Jorlén was newly elected as Board member. Fredrik Arp was re-elected as Chairman of the Board. The meeting resolved on unchanged directors' fees in accordance with the Nomination Committee's proposal.
Auditors:
Registered auditing firm Ernst & Young AB was appointed auditor, with Authorised Public Accountant Joakim Falck as principal auditor, until the end of the 2021 Annual General Meeting.
Discharge from liability:
The AGM discharged the members of the Board and the President from liability for the 2019 financial year.
Other:
The AGM resolved to adopt the proposed instruction for the Nomination Committee.
The AGM approved the Board's proposal to adopt guidelines for compensation of senior executives and to amend the Articles of Association.
The AGM approved the Board's proposal to authorise the Board to resolve on issuing new class B shares.
Complete proposals can be found on www.nolato.com/agm.
The CEO's address to the AGM and a full video recording of the AGM will be posted on www.nolato.com/agm.
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For further information, please contact:
Fredrik Arp, chairman of the meeting, +46 708 207000
Nolato is a Swedish group with operations in Europe, Asia and North America. We develop and manufacture products in polymer materials such as plastic, silicone and TPE for leading customers within medical technology, pharmaceuticals, consumer electronics, telecom, automotive, hygiene and other selected industrial sectors. Nolato's shares are listed on Nasdaq Stockholm in the Large Cap segment, where they are included in the Industrials sector.
www.nolato.com