Bulletin from Bilia’s Annual General Meeting 2021

Bilia AB's AGM took place on Tuesday, 27 April 2021. Due to the ongoing pandemic the AGM was held without physical presence by the shareholders exercising their voting rights only by postal voting.

Adoption of the profit and loss statements and balance sheets

The profit and loss statements and the balance sheets of the parent company and the Group for the financial year 2020 were approved.

Appropriation of the profit

The AGM resolved in favour of a dividend of SEK 6 per share. The dividend amount will be divided into two payments of SEK 3 each with record dates Thursday, 29 April 2021 and Wednesday, 27 October 2021. Dividends are expected to be paid out on Tuesday, 4 May 2021 and on Monday,1 November 2021.

Discharge from liability

The AGM discharged the board members and the CEO from liability for the financial year 2020.

Board of Directors

The AGM resolved that the Board of Directors shall consist of nine ordinary board members without deputy members. Ingrid Jonasson Blank, Gunnar Blomkvist, Anna Engebretsen, Eva Eriksson, Mats Holgerson, Jan Pettersson, Nicklas Paulson, Mats Qviberg and Jon Risfelt were re-elected as members of the Board of Directors. Mats Qviberg was re-elected as Chairman of the Board with Jan Pettersson as deputy Chairman.

Board fees

The AGM resolved as follows: SEK 400,000 each to the Chairman of the Board and
to the deputy Chairman, SEK 250,000 each to the other members of the Board, SEK 120,000 to the Chairman of the Audit Committee, SEK 60,000 each to the other members of the Audit Committee, SEK 25,000 to the Chairman of the Compensation Committee, SEK 10,000 each to the other members of the Compensation Committee, SEK 50,000 to the Chairman of the Property Committee and SEK 25,000 to the member of the Property Committee.

Election of the Auditor

The AGM resolved to elect the auditing company PricewaterhouseCoopers AB as new auditor in the company for the period until the end of the AGM 2022 with the authorised public accountant Fredrik Göransson as the auditor in charge.

The Board’s remuneration report

The AGM approved the Board's remuneration report.

Articles of Association

The AGM resolved to amend the Articles of Association in accordance with the proposal from the Board of Directors. The amendments mean that the Swedish term “firma” is replaced by “company name” (no amendment in the English version), introduction of the possibility for the Board of Directors to decide to collect proxies before the general meeting and to decide that the shareholders shall be able to exercise their voting rights by post before the general meeting, and that class of share B is abolished.