Annual General Meeting of EnergyO Solutions Russia AB At the annual general meeting of EnergyO Solutions Russia AB on 24 April 2009 the following resolutions were adopted: The parent company's and the group's income statements and balance sheets for the financial year 2008 were adopted. The group's loss for the year was carried forward and no dividend declared. The board of directors and the chief executive officer were discharged from liability for the financial year 2008. Seppo Remes, Sven Thorngren, Morten Ahlström and Pontus Lesse were re-elected as board members and Georg Ehrnrooth was elected as new board member. Seppo Remes was re-appointed chairman of the board. It was resolved that the chairman shall receive remuneration of SEK 300,000 and each other board member not employed by the company shall receive SEK 200,000 for the time until the end of the next annual general meeting. The auditor's fee shall be paid on the basis of an approved invoice. It was resolved, in accordance with the proposal of the nomination committee, to discontinue the nomination committee, whose tasks in the future, as applicable, shall be managed by the board of directors. Furthermore, it was resolved to reduce the company's share capital by SEK 275,025,494.38 for the purpose of securing provisions to a fund to be used as resolved by the shareholders' meeting. The reduction shall be implemented without redemption of shares. Once the resolution has been executed, the company's share capital will amount to SEK 281,706,276.62. The annual general meeting resolved to authorize the board of directors, for the time until the next annual general meeting and on one or several occasions, with or without deviation from the shareholders' preferential rights, to resolve on issuance of new shares at a subscription price corresponding to the company's net asset value per share or higher. Such share issues must, however, not cause the company's share capital to exceed the maximum level set out in the articles of association. Stockholm, 24 April 2009 EnergyO Solutions Russia AB
Annual General Meeting of EnergyO Solutions Russia AB
| Source: EnergyO Solutions Russia AB