Report from the Annual General Meeting of Soltech Energy Sweden AB (publ) on May 26, 2021

2021-05-26 16:45:00

Stockholm, May 26, 2021: Soltech Energy's Annual General Meeting was held on Wednesday, May 26, 2021, chaired by Anna Kinberg Batra, Chairman of the Board

Adoption of income statement and balance sheet
The Annual General Meeting approved the income statement and balance sheet for the Parent Company as well as the consolidated income statement and consolidated balance sheet for the 2020 financial year.

Disposition of results
The Annual General Meeting resolved that no dividend be paid for the 2020 financial year and that the accumulated profit be transferred to a new account in accordance with what appears from the administration report.

Board of Directors and CEO
The Annual General Meeting granted the Board members and the President discharge from liability for the 2020 financial year.
The Annual General Meeting elected the Board members Anna Kinberg Batra (re-election), Göran Starkebo (re-election), Stefan Ölander (re-election), Hellen Wohlin Lidgard (new election), Jimmie Wiklund (new election) and Mats Holmfeldt (new election). Anna Kinberg Batra was elected Chairman of the Board (re-election).
Auditors

The Annual General Meeting resolved to re-elect the registered auditing company PwC with the authorized public accountant Claes Sjödin as the principal auditor.
Board and auditor fees

The Annual General Meeting resolved that board fees shall be paid in the amount of SEK 400,000 to the Chairman of the Board and SEK 200,000 each to other Board members. The AGM resolved that fees to members of established committees shall be paid at SEK 40,000 per person and committee. A member who is reimbursed by the company due to employment shall not, however, receive board fees, either in the parent company or subsidiaries.

Other proposals and decisions
The Annual General Meeting resolved to approve the Board's proposal in accordance with the notice of:
- Changes in the Articles of Association:
o Increase of the share capital to a minimum of SEK 2,000,000 and a maximum of SEK 6,000,000
o The number of shares is a minimum of 40,000,000 and a maximum of 120,000,000
o Change the company name to Soltech Energy Sweden AB
o That a summons has been issued shall be announced in Dagens Industri
o Election of chairman and nomination committee principles are added to the AGM agenda
- Renewed authorization to decide on a new issue of shares and / or convertibles and / or warrants.

MFN