Communiqué from Annual General Meeting of Micronic Laser Systems AB (publ.)
Taby, Sweden - March 30, 2007 - Micronic Laser Systems AB (Stockholm Exchange,
Nordic list, Mid Cap, Information Technology: MICR), a leading global supplier
of laser pattern generators for photomasks, today disclosed the following
decisions made at the Company's Annual General Meeting (AGM), held March 29:
Election of Board members
The AGM decided that the Board of Directors for the period running until the end
of the next AGM shall be composed of eight members with no deputy members. The
AGM re-elected the Board Members Jorgen Centerman, Sven Lofquist, Goran Malm,
Lars Nyberg, Lena Treschow Thorell, and Christer Zetterberg, and new election of
Sigrun Hjelmquist and Magnus Lindquist, for the period running until the end of
the next AGM.
Remuneration to the Board of Directors
The AGM decided that the total remuneration to the Board of Directors amount to
SEK 1,775,000 for the period running until the end of the next AGM, of which SEK
500,000 concern remuneration to the Chairman of the Board, SEK 275,000 concern
remuneration to the Vice Chairman of the Board, and SEK 200,000 concern
remuneration to each of the other Board Members who are not employed by the
Company. In addition, the AGM decided remuneration to Board Members with an
assignment in the audit committee and remuneration committee amounting to not
more than in aggregate SEK 350,000, to be distributed with SEK 50,000 per Member
and assignment, for the period running until the end of the next AGM.
Stock option plan 2007/2012
The AGM decided to adopt Micronic's stock option plan 2007/2012. Employee stock
options (call options), with the right to acquire not more than 1,155,000 shares
in the Company, may be issued under the plan.
Disposition of profit
The AGM resolved in favor of the Board's proposal regarding disposition of the
Parent Company's non-restricted equity of SEK 93,322,798 to be carried forward
to new account.
In addition, decisions were taken in accordance with proposals presented in the
notice to the AGM.
Company contact:
Sven Lofquist
President & CEO
Tel: +46 8 638 52 00
sven.lofquist@micronic.se
About Micronic Laser Systems AB
Micronic Laser Systems is a Swedish high-tech company engaged in the
development, manufacture and marketing of a series of extremely accurate laser
pattern generators for the production of photomasks. The technology involved is
known as microlithography. Micronic´s product offering also includes metrology
systems for display photomasks. Micronic´s systems are used by the world´s
leading electronics companies in the manufacture of television and computer
displays, semiconductor circuits and semiconductor packaging components.
Micronic is located in Taby, north of Stockholm and at present has subsidiaries
in the United States, Japan, South Korea and in Taiwan. Micronic maintains a web
site at: http://www.micronic.se
