Today, May 4, 2022, the Annual General Meeting of Railcare Group AB (publ) was held. Below is a summary of the resolutions taken. All resolutions were made with the required majority.
Adoption of the income statement and the balance sheets
The Meeting resolved to adopt the income statement and the balance sheet for the company as well as the consolidated income statement and the consolidated balance sheet.
Distribution of results
The Meeting resolved to dispose of the company's profits for the 2021 fiscal year in accordance with the Board's proposal. The Annual General Meeting resolved that SEK 14,474,500 be distributed to the shareholders and that the remaining part of the company's profit, SEK 26,262,599 be balanced in a new account.
Discharge from liability for the directors and the CEOs
The Meeting granted discharge from liability to the Board of Directors and the CEOs for their management during 2021.
Determination of the number of board members and the number of auditors
The Meeting resolved that the number of board members shall be six and that the number of auditors shall be one.
Determination of remuneration to the Board of Directors and auditor
The Annual General Meeting resolved that the remuneration to non-employed board members elected by the General Meeting and the remuneration to non-employed members of the different Board committees shall be distributed as follows:
- SEK 200,000 to the Chairman of the Board of Directors;
- SEK 100,000 to each of the other board members.
The above remunerations also include remuneration for work in both the audit and remuneration committees.
The Meeting resolved that no remuneration shall be paid to the members of the Nomination Committee. However, the company reimburse reasonable costs that the members of the Nomination Committee may have, such as, for example, costs that may arise during recruitment services, and for external consultants who are deemed necessary by the Nomination Committee for the Nomination Committee to be able to fulfill its task.
The Meeting also resolved that audit remunerations be paid according to approved invoice in accordance with custom billing standards.
Election of Board of Directors and auditor
The Annual General Meeting resolved to re-elect the Board members Catharina Elmsäter-Svärd, Ulf Marklund, Anna Weiner Jiffer, Adam Ådin, Anders Westermark and Björn Östlund as members of the Board of Directors. Anders Westermark was elected as Chairman of the Board of Directors.
Furthermore, the Annual General Meeting resolved that the auditing company Ernst & Young Aktiebolag be re-elected as auditor until the end of the Annual General Meeting that is to be held the next financial year.
Resolution regarding the principles for appointing members of the Nomination Committee and the duties of the Nomination Committee
The annual general meeting resolved in accordance with the Nomination Committees’ proposal regarding the principles for appointing members of the Nomination Committee and the duties of the Nomination committee.
Approval of the renumeration report for 2021
The Annual General Meeting resolved in accordance with the Board of Director's proposal to approve the renumeration report for 2021.
Information about the Annual General Meeting
Information about the Annual General Meeting is available at the company´s website in the menu Bolagsstyrning/Bolagsstämmor.
This information is of the nature that Railcare Group AB (publ)) is obliged to make it public pursuant to Nasdaq Stockholm rulebook for issuers. The information was submitted for publication, through the agency of the contact persons set out above, at 4 May 2022 at 14:30 CEST.
For further information, please contact:
Mattias Remahl, CEO
Phone: + 46 (0)70-271 33 46
E-mail: mattias.remahl@railcare.se
Lisa Borgs, IR and Communications manager
Phone: +46 (0)70-622 50 01
E-mail: lisa.borgs@railcare.se
About Railcare Group
The railway specialist Railcare offers innovative products and services for the railway; for example, railway maintenance with self-developed machines, a locomotive workshop, special transport and machine sales projects. Our market is mainly in Scandinavia and the United Kingdom. The railway industry is in a positive development with increasing traffic volumes, extensive investment programs, developing cost-effective freight and passenger transport, and rising environmental awareness. Railcare delivers both sustainable and efficient solutions that contribute to the railway, so it can be used for the maximum number of years to come. Railcare Group AB (publ)'s share is listed on Nasdaq Stockholm Small Cap. The Group has around 140 employees and annual sales amount to around SEK 440 million. The company's headquarters are in Skellefteå.
