Report from Bravida Holding AB (publ)’s annual general meeting on 26 April 2019

At the annual general meeting in Bravida Holding AB (publ) in Stockholm today, the shareholders resolved upon the following:

Adoption of income statements and balance sheets, allocation of the company’s result and discharge from liability
The annual general meeting adopted the income statement and the balance sheet as well as the consolidated income statement and the consolidated balance sheet in the annual report for the financial year 2018. It was further resolved, in accordance with the proposal of the board of directors, on a dividend to the shareholders of SEK 2.00 per share, in total SEK 404,254,968. The amount indicated is calculated on the total number of ordinary shares in the company less the company’s holding of treasury shares. It was also resolved that the remaining profits shall be distributed so that SEK 3,517,757,028 are transferred to the share premium reserve and that the rest of the non-restricted equity of the company, SEK 882,457,715, shall be carried forward. Tuesday 30 April 2019 was established as record day for dividends. The meeting also discharged the members of the board and the managing director from liability for the financial year 2018.

Election of board members, chairman of the board and auditor
The annual general meeting resolved, in accordance with the proposal of the nomination committee, that the number of board members shall be six with no deputy members and that the number of auditors shall be one with no deputy auditors. Fredrik Arp, Jan Johansson, Staffan Påhlsson, Cecilia Daun Wennborg, Mikael Norman and Marie Nygren were re-elected as board members. Fredrik Arp was re-elected as chairman of the board. KPMG was re-elected as auditor.

Determination of fees for the board members and the auditor
The annual general meeting also resolved on fees to the board of directors in accordance with the proposal of the nomination committee. The fees to the board of directors shall amount to maximum SEK 4,050,000, to be allocated as follows: SEK 1,150,000 to the chairman and SEK 450,000 to each of the other board members, SEK 180,000 to the chairman of the audit committee and SEK 100,000 to each of the other members of the audit committee, SEK 110,000 to the chairman of the remuneration committee and SEK 80,000 to each of the other members of the remuneration committee. Fees to the auditor shall be paid against approved accounts.

Remuneration guidelines for the management
The annual general meeting approved the proposal of the board of directors regarding guidelines for remuneration to the management.

Nomination committee
The annual general meeting resolved on principles for the appointment of a nomination committee that correspond to the principles applied the preceding years, however with the adjustment that the principles now will apply until further notice.

Authorization to repurchase and transfer shares
The annual general meeting resolved to authorize the board of directors to resolve to repurchase, on one or several occasions until the next annual general meeting, as many own shares as may be purchased without the company’s holding at any time exceeding 10 percent of the total number of shares in the company. Further, it was resolved to authorize the board of directors to resolve, on one or several occasions until the next annual general meeting, to transfer (sell) own shares.

The purpose of the authorization to repurchase own shares is to promote efficient capital usage in the company and to enable the board to finance acquisitions with own shares. The purpose of the authorization to transfer own shares is to enable the board to finance acquisitions with own shares.

Additional information from the annual general meeting
Complete proposals regarding the resolutions by the annual general meeting in accordance with the above are available at www.bravida.se/en. Minutes from the annual general meeting will be made available at www.bravida.se/en no later than two weeks after the annual general meeting.