The company’s ultimate decision-making body is a General Meeting, at which the shareholders exercise their influence in the company. A number of key issues are considered at the Annual General Meeting, including dividends, the annual report and discharge from liability for the Board of Directors and the CEO, as well as the election and remuneration of the Board of Directors and auditor.
In order to participate in an Annual General Meeting, shareholders must notify the company of their wish to attend no later than the date specified in the notice convening the meeting. Shareholders unable to attend the meeting in person may be represented by a proxy. In connection with the notice convening the meeting being issued, information is provided on the structure of the Annual General Meeting as well as the time and manner of notification of attendance at the Annual General Meeting.
A shareholder who wishes to have a matter considered at a General Meeting must submit a written request to this effect to the Board of Directors. The request must be received by Eolus at least seven weeks before the General Meeting or in due time for the matter to be included in the notice convening the meeting. With regard to proposals for resolutions in matters already on the agenda and where it is not a legal requirement for such proposals to be submitted a certain time in advance, shareholders are entitled to submit such proposals during the period up until the General Meeting is held (including during the meeting).
The agenda for the General Meeting sets out which items of business are subject to resolution by the General Meeting and which items of business are for information purposes. Items on the agenda that require resolutions by the General Meeting are subject to a binding vote, which means that the shareholders vote for or against or abstain from voting on the matter. Under Chapter 7, Section 32 of the Swedish Companies Act, all shareholders also have the right at General Meetings to ask the Board of Directors and the CEO questions about the matters raised at the meeting and the company’s relations with other Group companies, while at Annual General Meetings they are entitled to ask questions about the company’s and the Group’s financial situation.
In order to be entitled to participate and vote for their shares at the Annual General Meeting, the shareholder must be entered in the share register and send notification of their intention to attend the meeting within a certain period of time. Shareholders who wish to do so can participate via a proxy. The notice convening the Annual General Meeting sets out how such notification should be submitted.
The Annual General Meeting for Eolus Vind AB was held on 12 May 2023 in Hässleholm.