At Paradox Interactive AB (publ)s general meeting May 18, 2018 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 adopted approved a dividend in accordance with the Board’s proposal of SEK 1.00 per share. The record date is May 22, 2018. Payment of the dividend will be made by Euroclear Sweden AB on May 25, 2018.
Board of Directors
The Board and the CEO were discharged from liability for the financial year 2017. The AGM resolved new elections of board members Josephine Salenstedt and Peter Ingman and re-election of Håkan Sjunnesson, Cecilia Beck-Friis and Fredrik Wester. Ebba Ljungerud was elected to the Board of Directors for the period until 31 July 2018. Peter Lindell has declined re-election. Håkan Sjunnesson was elected Chairman of the Board until 31 July 2018. From 1 August 2018 until the next Annual General Meeting, Fredrik Wester was elected Chairman and Håkan Sjunnesson as Vice Chairman. The AGM approved the nomination committee’s proposal that remuneration is paid by SEK 500,000 per year for the chairman and SEK 250,000 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, with a change in wording from representative to member.
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 decide on a new share issue. The increase in the share capital may amount to a dilution corresponding to no more than 10% of the share capital.
Resolution on warrants 2018/2021, including the adoption of warrants 2018/2021, and directed new issue of warrants
The AGM resolved to introduce an incentive program for the company’s employees – Warranty Program 2018/2021. With full exercise of the Warranty Program, the number of shares in the company increases by 0.33 percent.
The complete resolutions
The minutes for 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:
Fredrik Wester, CEO Paradox Interactive
Alexander Bricca, CFO Paradox Interactive
Phone: +4670-355 54 89