Annual General Meeting 2011
The Annual General Meeting resolved that no dividend would be paid for the 2010 fiscal year. All funds at the disposal of the Annual General Meeting, totalling SEK 1,765,170,138, were carried forward.
Election of Board members and auditors
Board members Rolf Eriksen, Bodil Eriksson, Johan Molin, Thore Ohlsson, Lotta Stalin and Fredrik Palmstierna were re-elected. Morten Falkenberg, President and CEO of Nobia, and Nora Førisdal Larssen, Senior Investment Manager at Nordstjernan, were elected new Board members. Hans Larsson and Stefan Dahlbo declined re-election.
The company's auditing firm, KPMG AB, with Auditor in Charge Helene Willberg, was re-elected for the period up to the end of the next Annual General Meeting.
Election of Chairman
The Meeting elected Johan Molin as the Chairman of the Board of Directors.
Performance-related employee share option scheme
The Annual General Meeting resolved upon a performance-based employee share option scheme for 2011. This means that approximately 100 senior executives in the Nobia Group will be allotted a total of 1,800,000 employee share options free of charge. The number of options that may be exercised is determined by the average increase in earnings per share over the three-year period 2011-2013. Each employee share option carries entitlement to subscription of one share in Nobia AB.
The Annual General Meeting resolved to authorise the Board of Directors to acquire and transfer treasury shares during the period until the next Annual General Meeting on the basis of the conditions presented in more detail in the complete decision.