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Cabonline Group AB: Press release from the annual general meeting in Cabonline Group Holding AB (publ) on 7 May 2020

Regulatory press release07.05.2020 klo 16.00
Read the release

Adoption of the accounts and discharge from liability
The meeting adopted the balance sheets and income statements for the parent company and the group, and the meeting discharged the directors of the board and the managing directors from liability for the financial year 2019.

Appropriation of result
The meeting resolved not to declare any dividend for the financial year 2019 and that the result should be carried forward.

The board of directors and fees
The meeting resolved to re-elect Jon Risfelt, Andreas Rosenlew, Anna Söderblom, Carl Harring and James Mitchell as board members for the period until the end of the next annual general meeting and that no deputy directors shall be elected. The meeting also resolved to re-elect Jon Risfelt as chairman of the board. Furthermore, the meeting resolved that the chairman of the board shall be paid a fee of SEK 700,000 (2019: 600 000) and that each of the other directors elected by the annual general meeting shall be paid a fee of SEK 233 000 (2019: SEK 200,000). Fees shall be payable for the chairman of the audit committee with SEK 100,000 (2019: unchanged) and to each other member of the audit committee with SEK 60,000 (2019: unchanged). Fees shall be payable for the chairman of the remuneration committee with SEK 50,000 (2019: unchanged) and to each other member of the remuneration committee with SEK 20,000 (2019: unchanged).

Auditor
It was resolved to elect Ernst & Young AB as auditor for the period until the end of the next annual general meeting. Ernst & Young AB has appointed the authorised public accountant Andreas Nyberg as auditor-in-charge.

Remuneration to the senior executives
The meeting approved, in accordance with the board of directors' proposal, the guidelines for remuneration to the senior executives.
Nomination committee
The meeting adopted a procedure for the nomination committee's appointment and its work.

Statutory meeting
At a statutory meeting held in connection with the annual general meeting Jon Risfelt, Anna Söderblom and James Mitchell were elected as members of the audit committee with Anna Söderblom as chairman of the committee. Jon Risfelt and Carl Harring were elected members of the remuneration committee with Jon Risfelt as chairman of the committee.