Annual General Meeting of Active Biotech AB
The Annual General Meeting of Active Biotech was held on May 24, 2023. The following main resolutions were passed.
In accordance with the Board of Directors’ proposal, it was resolved that no dividend would be paid for the financial year 2022, and that the Company’s accumulated loss shall be carried forward.
The members of the Board and the CEO were discharged from liability with respect to their management of the Company for 2022.
In accordance with the Election Committee’s proposal, the Board members Michael Shalmi, Uli Hacksell, Peter Thelin, Axel Glasmacher and Aleksandar Danilovski were re-elected. Michael Shalmi was re-elected Chairman of the Board and Öhrlings PricewaterhouseCoopers AB was elected as new auditor.
In accordance with the Election Committee´s proposal, the Meeting resolved that fees payable to the Board shall unchanged amount to SEK 500,000 to the Chairman of the Board and SEK 200,000 to each of the other Board members who are not employed by the Company. Furthermore, the Meeting resolved that a member of the Board who performs work for the Company outside the scope of the Board work may also receive remuneration on market terms for such work performed.
The Meeting approved the Board’s remuneration report.
Furthermore, the Meeting resolved, in accordance with the Election Committee’s proposal, that the Election Committee shall be composed of the Chairman of the Board and one member appointed by each of the three largest shareholders of the Company based on the ownership structure at the end of September 2023.
In accordance with the Board of Directors’ proposal, the Meeting further resolved to amend the Articles of Association to enable collection of powers of attorney and postal voting at shareholders’ meetings.
In accordance with the Board’s proposal, the Meeting finally resolved to authorize the Board to, for a period that does not extend past the date of the next Annual General Meeting, with or without pre-emptive rights for the shareholders, resolve on the issue of new shares and/or convertibles, corresponding to not more than 30 percent of the total number of shares in the Company after utilization of the authorization.