Report from Generics' 2013 Annual Shareholders' Meeting
May 15, 2013
Generic Sweden AB held its annual shareholders’ meeting on May 14, 2013. On all proposed matters, the meeting resolved in accordance with the proposals of the nomination committee and the board of directors, respectively. The meeting was chaired by attorney Erik Gabrielsson, and the following is a summary of the main points of the most important resolutions:
– The 2012 annual report was approved,
– the members of the board and the CEO were granted discharge from liability for the 2012 fiscal year,
– The chairman of the board was granted a fee of 150,000 SEK, and the other board members of the company who are not employees were each granted a fee of 75,000 SEK,
– For the period until the 2014 Annual General Meeting was held, the following individuals were appointed as members of the Board of Directors:
Hans Krantz, Chairman of the Board (re-elected)
Fredrik Svedberg (re-elected)
Peter Ragnarsson (re-elected)
Kent-Åke Jönsson (re-elected)
Erik Gabrielsson (re-elected)
– Pricewaterhouse Coopers AB was appointed as the company’s auditor, with Magnus Brändström serving as the lead auditor,
– The Chairman of the Board was tasked with convening, based on the shareholdings as of the end of September 2013, a nomination committee consisting of one representative from each of the company’s three largest shareholders,
– The Board’s proposal in the notice of meeting regarding the guidelines for compensation to senior executives was approved.
In his speech, the company’s CEO, Fredrik Svedberg, discussed the company and its interim report for the first quarter of 2013.
Hans Krantz, Chairman of the Board
Fredrik Svedberg, President & CEO