At Paradox Interactive AB (publ)s general meeting May 15, 2020, the following was resolved
Adoption of financial statements and dividend
The AGM adopted the income statement and balance sheet for the Parent company and the Group. The AGM approved a dividend in accordance with the Board’s proposal of SEK 1.00 per share. The record date is May 19, 2020. Payment of the dividend will be made by Euroclear Sweden AB on May 25, 2020.
Board of Directors
The Board and the CEO were discharged from liability for the financial year 2019. The AGM resolved on new election of board member Linda Höglund and re-election of Håkan Sjunnesson, Josephine Salenstedt, Mathias Hermansson and Fredrik Wester. Peter Ingman has declined re-election. Fredrik Wester was elected Chairman and Håkan Sjunnesson Vice Chairman. The AGM approved the nomination committee’s proposal that remuneration is paid by SEK 520,000 per year to the Vice Chairman and SEK 260,000 for ordinary board members. Fredrik Wester will, at his own request, be paid a remuneration of SEK 1 per fiscal year. Remuneration to the auditor shall be paid according to approved invoice.
The AGM approved the Nominating Committee’s proposed principles for the Nominating Committee.
Guidelines for remuneration for senior executives
The AGM approved the Board’s proposal regarding remuneration to senior executives.
Resolution authorizing the Board to decide on new share issue
The AGM resolved to approve the Board’s proposal to authorize the Board to resolve to issue new shares, convertibles and/or warrants. The increase in the share capital may correspond to a dilution of a maximum of 10 percent of the share capital.
Resolution on warrant program 2020/2023, including the adoption of warrant program 2020/2023, and directed new issue of warrants
The AGM resolved to introduce an incentive program for the company’s employees – Warrant Program 2020/2023. With full exercise of the Warrant Program, the number of shares in the company increases by 0.52 percent.
The complete resolutions
The minutes from the Annual General Meeting including the complete resolutions as per above will be available within short at the company’s website.
For additional information, please contact:
Ebba Ljungerud, CEO Paradox Interactive
Alexander Bricca, CFO Paradox Interactive
Phone: +4670-355 54 18
The information was submitted for publication on May 15, 2020.