Report from NOTE's Annual General Meeting on 26 April 2006
The AGM adopted the following resolutions, in accordance with the Board's proposal:
To distribute to shareholders SEK 0.50 per share or a total of SEK 4.8 million for 2005. The record date is Tuesday, 2 May, and the dividend is expected to be paid on Friday, 5 May.
To approve the amendments to the Articles of Association proposed by the Board of Directors and described in the notice of the Annual General Meeting.
To introduce an incentive programme and issue 200,000 warrants. The right to subscribe for the warrants shall, with deviation from the shareholders' preferential rights, only be granted to the wholly owned subsidiary NOTE Components AB. The warrants will be used within the framework of an incentive programme, and the CEO and senior executives of the NOTE group will be offered to acquire these as securities on market terms.
Sten Dybeck, Ulf Mikaelsson and Lennart Svensson were re-elected as ordinary Board members, as proposed by the Nomination Committee, and Arne Forslund and Curt Lönnström were elected as new members. Sten Dybeck was re-elected Chairman of the Board.
The Board of Directors and the Executive Director were discharged from liability for 2004.