Announcement from Biovica International AB's Annual General Meeting

UPPSALA, SE / ACCESSWIRE / September 17, 2024 / Biovica International (STO:BIOVIC-B)(STO:BIOVIC.B)(FRA:9II) The annual general meeting of Biovica International AB ("Biovica" or the "Company") was held today on 17 September 2024 and the following resolutions were passed by the meeting.

ADOPTION OF THE INCOME STATEMENT AND BALANCE SHEET
The annual general meeting resolved to adopt Biovica's income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet.

DISTRIBUTION OF PROFIT
The annual general meeting resolved to treat the result in accordance with the proposal of the board of directors in the annual report, meaning that the result is carried forward.

DISCHARGE FROM LIABILITY
The directors and the managing director were discharged from liability for the 2023/2024 financial year.

ELECTION OF THE BOARD OF DIRECTORS, AUDITOR AND REMUNERATION
The annual general meeting resolved, in accordance with the nomination committee's proposal, that the board shall consist of seven directors and that the number of auditors shall be one registered audit firm.

It was resolved, in accordance with the nomination committee's proposal, that the remuneration shall be SEK 1,675,000 in total (unchanged since previous year), including remuneration for committee work, and shall be paid to the board of directors and the members of the established committees in the following amounts:

• SEK 200,000 (SEK 200,000 last year) for each of the non-employed directors and SEK 450,000 (SEK 450,000) to the chairman provided that the chairman is not an employee.

It was resolved, in accordance with the nomination committee's proposal, that remuneration for committee work shall be paid in the following amounts:

• SEK 75,000 (SEK 75,000) to the chairman and SEK 37,500 (SEK 37,500) to the other members of the audit committee and the remuneration committee.

Furthermore, it was resolved that the auditor shall be entitled to a fee in accordance with approved invoice.

The annual general meeting resolved, in accordance with the nomination committee's proposal, to re-elect the current directors Annika Carlsson Berg, Marie-Louise Fjällskog, Maria Holmlund, Lars Holmqvist, Ulf Jungnelius, Anders Rylander and Jesper Söderqvist. Furthermore, it was resolved to re-elect Lars Holmqvist as chairman of the board.