Adapteo Plc – Regulatory Press Release – 10 September 2021 at 2 pm CEST
Adapteo Plc's ("Adapteo") Extraordinary General Meeting ("EGM") was held today on 10 September 2021 in Vantaa. The EGM made the following resolutions.
Amendment of the Articles of Association
The EGM resolved to amend Section 4 of the Articles of association to read as follows:
"4 Management of the company
The Board of Directors shall consist of four (4) to eight (8) members. The term of the members of the Board of Directors shall expire at the end of the next Annual General Meeting of Shareholders following the election.
The Board of Directors shall convene at the request of the Chairman, or in the absence of the Chairman, at the request of the Deputy Chairman.
The Company has a Managing Director appointed by the Board of Directors. The Company may have a Managing Director’s deputy."
Otherwise the Articles of Association remain unchanged.
The composition and remuneration of the Board of Directors
The EGM resolved that seven (7) members are appointed to the Board of Directors for a term that commenced at the closing of the Extraordinary General Meeting and that will continue until the end of the next Annual General Meeting. Kunal Koya, Nicholas Levy-Heidmann, Jose Barreto, Constantin Dogos, Marianne Dingstad Cambier, Simon Gold and Petra Skog were elected as members of the Board of Directors.
The EGM resolved that the remuneration payable to the members of the Board of Directors elected for the term of office ending at the closing the next Annual General Meeting shall remain unchanged on the current level of remuneration. Individual Board members may, however, opt to decline receiving remuneration for their position as a member of the Board of Directors. Further, all members of The Board of Directors are compensated for travel and other expenses directly related to their Board work.
Disbandment of the Shareholders' Nomination Committee
The EGM resolved to disband the Shareholders' Nomination Committee.
The minutes of the EGM will be available on Adapteo's website www.adapteogroup.com no later than two weeks after the date of the EGM.
For additional information, please contact
Erik Skånsberg, CFO, +46 70 264 70 35, firstname.lastname@example.org