Bulletin from NOTE's Annual General Meeting on 23 April 2020
At the Annual General Meeting of NOTE AB (publ) on 23 April 2020, the Meeting passed the following resolutions, among others. The Board of Directors' complete proposal has previously been published and is available on the company's website, www.note.eu.
- To adopt the profit and loss account and balance sheet of the company and the group as at 31 December 2019 and to discharge the members of the board of directors and the managing director from liability for 2019.
- That, in accordance with the Board's proposal, SEK 77 273 888 be carried forward and that no dividend be paid.
- That the Board of Directors shall consist of five (5) ordinary members with no deputies and that the company shall have an auditing firm as auditor. It is noted that the decision deviated from the proposal presented by the Nomination Committee.
- That board fees totalling SEK 815,000 (excluding remuneration for committee work) be paid, SEK 255,000 to the chairman of the board and SEK 140,000 to the other board members, and that fees to the auditor be paid on a current account basis.
- To re-elect Anna Belfrage, Johan Hagberg, Bahare Hederstierna, Claes Mellgren and Charlotte Stjerngren as members of the Board of Directors for the period until the next Annual General Meeting and to re-elect Johan Hagberg as Chairman of the Board. It is noted that the decision deviated from the proposal presented by the Nomination Committee. Kjell-Åke Andersson has declined re-election.
- To re-elect the auditing firm Öhrlings PricewaterhouseCoopers AB (PwC) for the period until the next Annual General Meeting in accordance with the Nomination Committee's proposal.
- To adopt the Nomination Committee's proposal for instructions for the Nomination Committee.
- To adopt guidelines for the remuneration of senior executives in accordance with the Board's proposal.
- The Meeting resolved, in accordance with the proposal of the Board of Directors, to authorise the Board of Directors, during the period until the next Annual General Meeting, to decide on one or more occasions on the acquisition and/or transfer of the company's own shares.
- To authorise the Board of Directors, in accordance with the Board's proposal, to decide, on one or more occasions during the period until the next Annual General Meeting, to issue new shares.
- To reduce the share capital by cancellation of repurchased shares and to increase the share capital by way of a bonus issue, as proposed by the Board of Directors.
- To decide on amendments to the Articles of Association in accordance with the Board of Directors' proposal.
For further information, please contact:
Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22
Henrik Nygren, Chief Financial Officer, tel. 070-977 06 86
About NOTE
NOTE is one of northern Europe's leading partners for electronics manufacturing. NOTE manufactures printed circuit boards (PCBA), sub-assemblies and complete products (box build). Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in Sweden, Finland, the UK, Estonia, Bulgaria and China. Sales in the last 12 months were SEK 3,687 million and the group has some 1,400 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit
This information is information that NOTE AB (publ) is obliged to make public pursuant to the Nasdaq Stockholm Rule Book for Issuers. The information was submitted for publication on 23 April 2020 at 17:00 CET.