The AGM discussed and approved:
- Management’s review and Annual Report 2010, including the management’s statement and auditor’s report.
- The decision to appropriate profit as stated in the adopted annual accounts with the payment of DKK 10.00 in dividend per share at DKK 100.
- Overall guidelines for incentive programmes for the Executive Board and SMT (Solar Management Team) of Solar A/S. The approval will be inserted in article 15, paragraph 4, of the articles of association.
- Remuneration policy for the Supervisory Board and the Executive Board. The approval will be inserted in the final paragraph of article 15.
- The authority of the chairman of the AGM to notify the Danish Commerce and Companies Agency of matters adopted at the AGM.
- Remuneration of the Supervisory Board for 2011: Fixed annual remuneration of DKK 150,000.
- Election of the following members of the Supervisory Board:
The following supervisory board members were re-elected:
Jens Borum, Peter Falkenham, Kent Arentoft, Niels Borum, Remy Cramer and Jens Peter Toft.
In addition, the Supervisory Board is made up of the following employee representatives: Lars Lange Andersen, Bent H. Frisk and Preben Jessen.
At the subsequent board meeting, the Supervisory Board elected its officers and re-elected Jens Borum as chairman and Peter Falkenham as vice chairman. Re-elected for the audit committee were Kent Arentoft, Peter Falkenham and Jens Borum.
Yours faithfully,
Solar A/S
Jens Borum
