EQS-News

Multitude SE: Decisions of the Annual General Meeting of Shareholders and the Board of Directors of Multitude SE - Seite 2

The Chairman and the Vice Chairman of the Board of Directors will be elected by the Board of Directors from amongst its members.

Remuneration of the Board of Directors

The Annual General Meeting resolved that the fees payable to the members of the Board of Directors remain the same, and that the Chairman of the Board of Directors be paid EUR 8,000 per month, and each of the other members of the Board of Directors be paid EUR 4,000 per month. Furthermore, it was resolved that no remuneration will be paid to the members who are employees or CEOs of the Company or a subsidiary of the Company.

Auditor and its Remuneration

Audit firm PricewaterhouseCoopers Oy, which had stated that APA Jukka Paunonen will act as the responsible auditor, was appointed as auditor of the Company for a term ending at the end of the next Annual General Meeting.

It was decided that the auditor be paid reasonable remuneration in accordance with the auditor's invoice, which shall be approved by the Company.

Furthermore, the Annual General Meeting resolved that, upon the registration of the Company with the Malta Business Registry, PricewaterhouseCoopers (Registration Number: AB/26/84/38) be appointed as the auditors of the Company until the earlier of: (i) the end of the next Annual General Meeting to be held in the year 2025, or (ii) the Company’s continuation out of Malta to Switzerland.

Authorisation to the Board of Directors to Decide on the Repurchase and Acceptance of Pledge of the Company’s own Shares

The Annual General Meeting approved the Board of Directors’ proposal on authorisation to the Board of Directors to decide to repurchase a maximum of 2,172,396 shares in the Company, which corresponds approximately to 10 per cent of all the shares in the Company.

By virtue of the authorisation, own shares may be repurchased by using the Company’s unrestricted equity. Consequently, any repurchase will reduce the Company’s funds available for distribution of profits.

The authorisation also includes the right to accept shares in the Company as pledge.

Own shares may be repurchased through public trading on the Frankfurt Stock Exchange at the prevailing market price on the date of repurchase.