Oatly Group AB Announces Results of 2022 Annual General Meeting
Oatly Group AB, the world’s original and largest oat drink company, announced the results of its Annual General Meeting of shareholders held recently.
The AGM adopted the Company’s profit and loss account and the balance sheet as well as the consolidated profit and loss account and consolidated balance sheet.
No dividend was to be distributed for the financial year 2021 and the Company’s result for the financial year 2021 was to be carried forward.
The AGM also discharged the board of directors and the CEO from liability for the financial year 2021.
The number of members of the board of directors shall be twelve (12). One of the members of the board of directors is an employee representative.
The fee for each member of the board of directors, who is not employed by the Company or any of its subsidiaries, shall be USD 60,000, the fee for the chairperson of the audit committee shall be USD 22,500 and the fee for an ordinary member of the audit committee shall be USD 10,000.
The fee for the chairperson of the remuneration committee shall be USD 22,500, the fee for an ordinary member of the remuneration committee shall be USD 10,000, the fee for the chairperson of the nominating and corporate governance committee shall be USD 22,500 and the fee for an ordinary member of the nominating and corporate governance committee shall be USD 10,000.
The auditor fees shall be paid under approved invoices.
The registered auditing company Ernst & Young Aktiebolag is re-elected as auditor for the period until the end of the next AGM.
The number of shares in the Company shall be no less than 250,000,000 and no more than 1,000,000,000.
The AGM resolved, under the board of directors’ proposal, to authorise the board of directors, on one or more occasions during the period until the next AGM, to resolve on new issue of shares and/or warrants and/or convertible bonds. Such issues should not entail an increase in the Company’s registered share capital or the number of shares in the Company by more than a total of 20 per cent, based on the Company’s registered share capital or number of shares before utilising the authorisation.
The new issue of shares and/or warrants and/or convertible bonds may be performed with or without deviation from the shareholders’ preferential rights. The board of directors’ resolution may provide for payment in kind, payment against set-off and/or other terms.
Source: StreetInsider.com
