Decisions at Annual General Meeting of Klövern AB (publ)

At the Annual General Meeting of Klövern AB (publ) on 28 April 2021 the following decisions were made, among others.

Dividend

A dividend of SEK 0.26 per ordinary share of Class A and Class B and SEK 20.00 per preference share for the 2020 financial year was decided. The dividend amount per ordinary share of Class A and Class B shall be paid in two instalments of SEK 0.13. The dividend amount per preference share shall be paid in four instalments of SEK 5.00.

The record dates for dividend for ordinary shares shall be 30 September 2021 with expected payment date being 5 October 2021, and 31 March 2022 with expected payment date being 5 April 2022.

The record dates for dividend for preference shares shall be 30 June 2021 with expected payment date being 5 July 2021, 30 September 2021 with expected payment date being 5 October 2021, 30 December 2021 with expected payment date being 5 January 2022, and 31 March 2022 with expected payment date being 5 April 2022.

Board of Directors and auditors

The Annual General Meeting decided on re-election of the board members Eva Landén, Pia Gideon, Johanna Fagrell Köhler and Ulf Ivarsson. Lars Höckenström was elected as new board member. Pia Gideon was re-elected as Chairman of the Board.

The Annual General Meeting decided a total remuneration of SEK 1,270,000 to be paid to the Board. The fee is to be distributed in accordance with the following, where the decided remuneration for 2020 is shown in parentheses - Chairman of the Board SEK 430,000 (SEK 430,000) and Member of the Board SEK 210,000 (SEK 210,000) respectively.

The Annual General Meeting decided, in addition to the Board remuneration, an additional SEK 50,000 to the Chairman and an additional SEK 30,000 to the other members of a possible audit committee. The Annual General Meeting also decided that a special remuneration of SEK 20,000 is to be paid to each member of the Remuneration Committee.

The Annual General Meeting decided, for the period until the end of next Annual General Meeting, re-appointment of the registered public accounting firm Ernst & Young AB as the Company’s auditor. Mikael Ikonen will be new auditor-in-charge. The auditor’s fee shall be paid in accordance with approved invoices.

Remuneration of senior executives

The Annual General Meeting decided in line with the board’s proposed guidelines for determining salary and other remuneration for senior executives. The guidelines do not entail, in addition to the fact that the CEO can also receive variable remuneration, any significant changes in relation to the Company's previous remuneration guidelines.