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 2014.
Dividend
The AGM adopted the Board’s proposal of an ordinary dividend of SEK 0,20
per share and an extraordinary dividend due to the liquidity injection
in connection with the sale of the Utansjö facility (Utsjöanläggningen)
of SEK 0,20 per share (in total SEK 0,40) for the financial year 2014.
Discharge from liability
The AGM granted Board members as well as CEOs a discharge from liability
for the financial year 2014.
Board
The AGM decided in accordance with the proposal of the Nominating
Committee that the number of Board members elected shall without change
be four and re-elected the Board members Roger Asserståhl, Rune
Ingvarsson and Per Skoglund. Marie S. Arwidson was new-elected. Rune
Ingvarsson was re-elected as Chair of the Board.
Marie S. Arwidson was born in 1951 and has a Bachelor in Business
Administration from the Stockholm School of Economics. Marie is chairman
of the board of Andra AP-fonden and board member of IVA, The Royal
Swedish Academy of Engineering Sciences. She possesses long and
extensive experience from the pulp & paper industry, most recently
as managing director of Skogsindustrierna. Marie has additionally worked
with the Swedish Pulp and Paper Association, comprising a position as
Vice President International, focusing on EU matters, as well as
managing director at CEPI, Confederation of European Paper Industries in
Brussels, where she represented the European paper industry in relation
to the European institutions.
Fees for the Board members
The AGM decided in accordance with the proposal of the Nominating
Committee that the fees shall be SEK 550,000 to the Chair of the Board
and SEK 275,000 to each of the other Board members. Furthermore, the AGM
decided that the employee representatives shall receive a fee of SEK
27,500 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
2016 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 2016 AGM
The AGM approved the Nominating Committee’s proposed procedure for
appointing members of the Nominating Committee ahead of the 2016 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 no longer may be held in Gävle 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.
Rottneros is an independent producer of market pulp. The Group comprises
the parent company Rottneros AB, listed on NASDAQ 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 250 employees and had a turnover of approximately
SEK 1.5 billion in the 2014 financial year.
