Indutrade’s Annual General Meeting was held on May 6, 2013, at Summit, lecture hall Razorfish, Grev Turegatan 30, Stockholm.
The General Meeting set the dividend at SEK 7.05 per share. The record date for payment was set to May 10, 2013. Dividend payments are expected to be made via Euroclear Sweden on May 15, 2013.
Johnny Alvarsson, Eva Färnstrand, Bengt Kjell, Martin Lindqvist, Ulf Lundahl, Krister Mellvé and Mats Olsson were re-elected as directors. Bengt Kjell was re-elected as chairman of the board.
The General Meeting resolved to amend the articles of association, deleting the standing item of the Annual General Meeting to appoint the nominating committee. This item will be resolved only when changes in the instructions are needed.
The General Meeting also resolved on instructions regarding the appointment of the nominating committee, implying mainly to assign the chairman of the board with the task of contacting the four largest owners in voting rights registered in the shareholders’ ledger administered by Euroclear Sweden (ownership-grouped) as per August 31. These four owners will each appoint a representative who is not a member of the board of the Company to form the nominating committee together with the chairman of the board for the time until a new nominating committee has been appointed, based on the mandate of the next Annual General Meeting. The composition of the nominating committee will be made public not later than six months ahead of an Annual General Meeting. The instructions for the nominating committee was resolved to remain in place until further notice.
The General Meeting resolved to adopt guidelines for remuneration and other terms of employment of the senior executives, mainly stipulating that remuneration will normally consist of a fixed amount and a variable amount, be market adjusted and based on competence, responsibility and achievement. The resolved guidelines gives the possibility to pay cash remuneration for senior executives’ acquisition of shares or share related instruments, amounting to 15 per cent of the fixed salary. Non-monetary benefits and pension benefits for senior executives should correspond to what can be considered to be reasonable in respect of practice in the market in which the respective executive is active.