ProfilGruppen AB: Decisions from the AGM

Around 60 shareholders and 20 guests attended the Annual General Meeting today. Bengt Stillström chaired the meeting.
 
CEO summarized the year of 2023
CFO Mari Kadowaki gave a summary of events and activities in ProfilGruppen during 2023.
 
Dividend
The AGM decided on a dividend of SEK 5.00 per share (previous year SEK 4.00) for the financial year 2023.
The record date for the dividend shall be Thursday April 25, 2024. Payment through Euroclear Sweden AB is expected to take place on Tuesday, April 30, 2024.
 
Election of the Board and auditor
Fredrik Pettersson and Marianne Brismar were elected as new board members. Bengt Stillström and Tomas Berggren were re-elected. Bengt Stillström was elected Chairman of the Board.
The chairman informed that the employees appointed Mikael Ekbring and Magnus Gabrielsson as their representatives on the board with Sebastian Nilsson and Anders Johansson as deputies.
The Company’s auditor, Ernst & Young AB, with Marika Sengoltz as auditor in charge, was re-elected for the coming year.
 
Fees
The AGM decided on fees for Board members in 2024 as follows:
To the Chairman SEK 400,000.
To other Board Members elected by the AGM and not employed by the company SEK 200,000 each.
The remuneration- and audit committees are included in the Board's tasks and no additional fees will be paid. No fees will be paid to Board Members and deputies elected by the employees.
Remuneration for auditors was decided per approved invoices.
 
The decision regarding the nomination committee for the AGM 2024
The Annual General Meeting decided on a nomination committee for the Annual General Meeting 2025 consisting of Bengt Stillström, Lars Johansson, Mats Egeholm, and Petter Stillström.
 
Authorisation for the Board to decide on new issues of shares
The Annual General Meeting granted the Board authorization, during the period until the next Annual General Meeting, on one or more occasions, with or without preferential rights for the shareholders, to make decisions regarding new issues of a maximum of 700,000 shares, corresponding to in total approximately 9.5 percent of the share capital. The decision on a new issue may contain conditions stating that the shares issued may be paid by issue in kind, offsetting, or otherwise under conditions in accordance to the Swedish Companies Act 13 chapter 5§ first paragraph 6. The Board is authorized also to decide on the other terms of a new issue of shares.
The decision was taken with the required majority.
The reason for the authorization is to enable the company to issue shares as payment for acquisitions of companies or shares of companies and/or assets, which the Board deems to be of value to the ProfilGruppen group's activities, or in order to strengthen the company’s capital position.
 
Adoption of statements
The income statement and balance sheet as well as the consolidated income statement and the consolidated balance sheet for the 2023 financial year were adopted. The Board’s remuneration report was approved.
 
Minutes from the AGM
Verified minutes from the AGM will be published on the company’s website.
 
Financial information
The interim report for the second quarter will be submitted on 16 July 2024, 14.00 CET. Dates for the release of financial information are available on the Group’s website.
 
Åseda, April 23, 2024
 
Board of ProfilGruppen AB (publ.)
Corporate ID no. 556277-8943