Annual General Meeting

Our highest decision-making body is the general meeting of shareholders. At our general meetings all shareholders are entitled to attend, raise issues for discussion and exercise voting rights for all of their shares. In addition to the statutory rights for our shareholders to participate at the meeting, our Articles of Association sets out a requirement to notify of attendance within a certain time set out in the notice. The Annual General Meeting appoints the company’s Board of Directors and external auditors and adopts the Annual Report. The Annual General Meeting also resolves on the principles for the appointment of the Nomination Committee and the remuneration of Board members, approves policies for remuneration of senior executives and makes decisions regarding dividends and any discharge from liability.

Right to take part in the general meeting

All shareholders who has been entered into the share register held by Euroclear Sweden AB at least five business days (Saturdays included) before the general meeting, and who have notified the company about its participation no later than the date specified in the notice to the general meeting, are entitled to participate and to vote for their shares at the general meeting.

In addition to notifying the company about its participation, a shareholder who has his or her shares registered through a bank or securities institution must, through assistance by the trustee, temporarily have the shares registered in his or her own name at Euroclear Sweden AB in order to participate at the general meeting. Shareholders should inform the trustee of this matter well in advance of the record date.

A shareholder may be present in person at the general meeting or exercise his or her rights through a proxy and can be assisted by a maximum of two representatives. Ordinarily, a shareholder can register for the general meeting in several different ways which are specified in the notice to attend the general meeting. Shareholders are entitled to vote for all shares which the shareholder holds in the company.