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 2015.
Dividend
The AGM adopted the Board’s proposal of an ordinary dividend of SEK 0,30
per share and an extraordinary dividend of SEK 0,20 per share (in total
SEK 0,50) for the financial year 2015.
Discharge from liability
The AGM granted Board members as well as the CEO a discharge from
liability for the financial year 2015.
Board
The AGM decided in accordance with the proposal of the Nominating
Committee that the number of Board members elected shall be six (an
increase of two) and re-elected the Board members Marie S. Arwidson,
Rune Ingvarsson and Per Skoglund and elected Per Lundeen, Roger Mattsson
and Ulf Carlson as new directors of the Board. Rune Ingvarsson was
re-elected as Chair of the Board.
Per Lundeen was born in 1955 and has a Master of Engineering (Chemical
Engineering) from Chalmers University in Gothenburg. Per is the
resigning CEO and President of Rottneros AB, a position he has held
since the autumn of 2014 and resigns from when the new CEO and
Precidents takes office in autumn 2016. He was previously a board member
of Rottneros from 2013 up until the 2015 AGM. Per is chairman of Nilsbyn
Invest AB and Strand Packaging AB as well as board member of Fiskeby
Board AB and Packbridge AB. Per has a longstanding experience of
different capacities within Åkerlund & Rausing group, inter alia as
CEO of Å&R Packaging group.
Roger Mattsson was born in 1973 and has a Master\'s degree in Economics
from Gothenburg School of Economics. Roger is currently working as CFO
of Nemus Holding AB and acting CEO of Munkedal Skog AB. Roger is also a
member of the Supervisory Board for Artic Paper S.A and has previously
worked as group controller within Artic Paper.
Ulf Carlson was born in 1950 and has a Master of Engineering (Chemical
Engineering) from Chalmers University in Gothenburg. Ulf is the board
member of a number of research boards, such as vice chairman of the
Troedsson foundation and the IVA network “The Innovators”, also member
of the Lyckeby Stärkelsen Reserch Foundation, and Acosense as well as a
member of IVA’s dept. Vlll. He has long and broad experience from the
forest industry where he held a number of leading R & D positions
within pulp/paper at companies such as SCA, Mölnlycke and Eka Chemicals
(currently Akzo Nobel) and as a researcher within the pulp/paper field.
Fees for the Board members
The AGM decided in accordance with the proposal of the Nominating
Committee that the fees, without change, 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
2017 AGM. The authorized public accountant, Erik Sandström, shall be the
auditor in charge. Auditors’ fees shall be paid based on an invoice
approved by the CEO.
The Nominating Committee ahead of the 2017 AGM
The AGM approved the Nominating Committee’s proposed procedure for
appointing members of the Nominating Committee ahead of the 2017 AGM
(unchanged).
Guidelines for remuneration of senior executives
The AGM approved the guidelines for the remuneration of senior
executives in accordance with the Board’s proposal (unchanged).
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:
Per Lundeen, President and CEO of Rottneros AB (publ), +46 70 518 33 47
Krister Lindgren, acting CFO of Rottneros AB (publ), +46 72 715 06 50
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 30 May 2016 at 16:00 CET.
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 just over 260 employees and had a turnover of
approximately SEK 1.8 billion in the 2015 financial year.
