Nolato AB (publ) today, on 3 May 2022, held its Annual General Meeting. The meeting resolved in accordance with all proposals of the Board and the Nomination Committee.

Dividend
The meeting resolved on a dividend of SEK 1.90 per share. The record date for the dividend is 5 May 2022. Payment of the dividend is expected to be made on 10 May 2022 through Euroclear.

The Board and the auditor
The meeting resolved on re-election of the Board members Fredrik Arp, Tomas Blomquist, Sven Boström, Lovisa Hamrin, Åsa Hedin, Erik Lynge-Jorlén and Lars-Åke Rydh and new election of Carina van den Berg as ordinary Board members until the next Annual General Meeting. Fredrik Arp was re-elected as Chairman of the Board. 

The registered auditing firm Ernst & Young Aktiebolag was re-elected as auditor, with authorized public accountant Joakim Falck as principal auditor.

The meeting further resolved on fees for board work and committee work in accordance with the Nomination Committee´s proposal, and that the auditor´s fee shall be paid in accordance with approved invoices.

Incentive program
The meeting resolved to implement an incentive program to current and future senior executives in the Company and, where applicable, its subsidiaries in the form of warrants. In short, the incentive program entails an issue of not more than 7,980,000 warrants to a subsidiary wholly owned by the Company for transfer to current and future senior executives in the Company or other Group companies.

The warrants shall be divided into equal parts into three different series, Series 2022/2026, Series 2023/2027 and Series 2024/2028. Each warrant entitles the holder to subscribe for one new class B share in the Company. The time for exercising the warrants shall be during the period from 15 December 2025 until and including 15 June 2026 for warrants of Series 2022/2026, from 15 December 2026 until and including 15 June 2027 for warrants of Series 2023/2027 and from 15 December 2027 until and including 15 June 2028 for warrants of Series 2024/2028.

Other
The meeting resolved to adopt the income statement and balance sheet for the Company and the Group for the 2021 financial year. The meeting also resolved to discharge the members of the Board and the CEO from liability for their management of the Company´s affairs during the 2021 financial year.

The meeting resolved to adopt guidelines for compensation of senior executives proposed by the Board, and to approve the remuneration report.

The meeting resolved to authorize the Board – on one or more occasions and for the period until the end of the next Annual General Meeting – to resolve on new issue of class B shares.

The complete proposals are available on www.nolato.com/agm. There you will also find the CEO´s recorded address to the meeting.