Annual General Meeting
Shareholders can exercise their right to decide on the company’s business at the Annual General Meeting (AGM), Investor’s highest decision-making body. Investor’s AGM is held in the Stockholm area during the first half of the year. The date and location of the meeting are announced publicly, no later than to coincide with the release of the company’s third-quarter report. Shareholders are also informed, no later than at the time the third-quarter report is published, about their right to have business discussed at the AGM and the deadline for submitting requests to this effect to the company so that such business may be included in the notice of the AGM.
The notice of the AGM is published no earlier than six weeks, but no later than four weeks, before the date of the AGM. The business of the AGM is to report on the company’s development over the past fiscal year and to make decisions on a number of central issues, such as changes to the company’s Articles of Association, the election of auditors, discharging the board from liability for the fiscal year, remuneration for the board and auditors, approval of the number of board members and the board for the period up to the close of the next AGM, and the dividend. Investor always strives to ensure that the board, the management group and the auditor are present at the AGM.
To be entitled to participate in and vote at the AGM, shareholders must be recorded in the register of shareholders and must report their intention to attend by a certain date. Shareholders who cannot attend the AGM in person may appoint a proxy. To enable non-Swedishspeaking shareholders to participate, the AGM’s proceedings are simultaneously interpreted into English. All information material is available in both Swedish and English.
Decisions at the meeting usually require a simple majority vote. However, for certain items of business taken up at the AGM, the Swedish Companies Act requires that a proposal be approved by a higher percentage of the shares and votes represented at the AGM.
Information updated 2008-09-24 07:23:22