Bulletin from Annual General Meeting in Q-linea AB (publ)

STOCKHOLM, May 22, 2019 /PRNewswire/ -- Today on 22 May 2019, Q-linea AB (publ) (Nasdaq Stockholm: QLINEA) held its annual general meeting for the financial year 2018 in Uppsala, whereby the following resolutions were adopted.

For more detailed information on the content of the resolutions, please refer to the complete notice of the annual general meeting. The notice of the annual general meeting and the complete proposals are available on the Company's website, www.qlinea.com. Minutes from the annual general meeting will be provided on said website within two weeks from the day of the meeting.

Adoption of the income statement and the balance sheet

The annual general meeting adopted the Company's income statement and the balance sheet for the financial year 2018.

Allocation of result

In accordance with the board's proposal, the annual general meeting resolved that no dividend is paid for the financial year 2018 and that the Company's result is carried forward.

Discharge from liability

The annual general meeting resolved to discharge the board members and the chief executive officer from liability for the financial year 2018.

Remuneration to the board of directors and the auditor

In accordance with the nomination committee's proposal, the annual general meeting resolved that an annual fee of SEK 320,000 should be paid to the board's chairperson, and SEK 160,000 to each of the other directors.

The annual general meeting also resolved that an additional annual fee of SEK 40,000 should be paid to the chairperson of the remuneration committee, and SEK 20,000 to each of the other directors.

The annual general meeting further resolved that an additional annual fee of SEK 60,000 should be paid to the chairperson of the audit committee, and SEK 30,000 to each of the other directors.

The above fees are only payable to directors who are not employees of the Company or the Nexttobe Group.

The annual general meeting resolved that the auditor's fee is to be paid as per approved invoice.

Election of board of directors and auditor

In accordance with the nomination committee's proposal, the annual general meeting resolved that the board shall consist of seven (7) ordinary board members and no deputy board members and on re-election of the board members Erika Kjellberg Eriksson, Mats Nilsson, Ulf Landegren, Marianne Hansson, Marcus Storch, Per-Olof Wallström and Hans Johansson. It was informed that Jon Heimer had declined re-election. Erika Kjellberg Eriksson was re-elected as chairperson of the board.