THE ANNUAL GENERAL MEETING (AGM) OF ROTTNEROS WAS HELD ON 25 APRIL 2014

        Print
| Source: Rottneros AB
multilang-release
Adoption of income statements and balance sheets

The AGM adopted the income statements and the balance sheets for the parent
company and the Group for the financial year 2013.

 


Dividend

The AGM adopted the Board’s proposal of no dividends for the financial year
2013.

 

Discharge from liability

The AGM granted Board members as well as CEO a discharge from liability for the
financial year 2013.

 

Board

The AGM decided in accordance with the proposal of the Nominating Committee
that the number of Board members elected shall be four and re-elected the Board
members Roger Asserståhl, Rune Ingvarsson and Per Lundeen. Per Skoglund was
new-elected. Rune Ingvarsson was elected as Chair of the Board.

Per Skoglund was born in 1960 and is COO at Arctic Paper S.A. Per studied
chemical engineering at Chalmers University of Technology (did not complete his
degree) where after he has spent his professional life within the forestry
industry at, among others, Stora Enso, Klippan och Arctic Paper.

 

Fees for the Board members

The AGM decided in accordance with the proposal of the Nominating Committee
that the fees shall be SEK 500,000 to the Chair of the Board and SEK 250,000 to
each of the other Board members. Furthermore, the AGM decided that the employee
representatives shall receive a fee of SEK 25,000 per person for the time
required to read materials ahead of meetings.   

 

Auditors

The AGM decided in accordance with the proposal of the Nominating Committee
that the company shall have a chartered auditing firm as auditor and re-elected
Ernst & Young Aktiebolag until the end of the 2015 AGM. The authorized public
accountant, Erik Sandström, shall be the auditor in charge until further
notice. Auditors’ fees shall be paid based on an invoice approved by the CEO.

 

The Nominating Committee ahead of the 2015 AGM

The AGM approved the Nominating Committee’s proposed procedure for appointing
members of the Nominating Committee ahead of the 2015 AGM.

 

Guidelines for remuneration of senior executives 

The AGM approved the guidelines for the remuneration of senior executives in
accordance with the Board’s proposal.

 

Amendment of the Articles of Association

The AGM resolved in accordance with the Board’s proposal to amend the company’s
Articles of Association in such a way that the AGM of Rottneros AB may also be
held in Gävle, Söderhamn or Vallvik.

 

Complete proposals and decisions

The AGM approved all of the proposals presented by the Board and the Nominating
Committee. The proposals are available in the previous published notice to
attend the AGM and the decisions in the minutes of the AGM, which will be
published at the company’s website. 

 

 

For further information please contact:

Krister Lindgren, Interim Chief Financial Officer

+46 (0)72-715 06 50, krister.lindgren@rottneros.com

 

Rottneros discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The Information was
submitted for publication on Friday, 25 April at 17:00 CET.

 

Rottneros is an independent producer of market pulp. The Group comprises the
parent company Rottneros AB, listed on NASDAQ OMX Stockholm, and its
subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving
the production and sale of market pulp. The Group also includes the wood
procurement company Rottneros Baltic SIA in Latvia. The Group has around 300
employees and had a turnover of approximately SEK 1.5 billion in the 2012
financial year.