Adoption of balance sheet and income statement

The Annual General Meeting adopted the balance sheet and income statement for the Parent Company and the Group for the 2018 financial year.

Appropriation of the company’s earnings

The meeting decided that the profit funds of SEK 1,199,147,638 at the disposal of the meeting will be disposed of in such a way that SEK 1,199,147,638 will be balanced in a new account, meaning that no profit distribution will take place.

Board of Directors and auditors

In accordance with the nomination committee's proposal, the meeting decided on the re-election of board members Lena Apler, Erik Selin and Christoffer Lundström and the re-election of Anna Kinberg Batra and Charlotte Hybinette. Lena Apler was elected chairman of the board and Erik Selin was elected vice chairman of the board. For a more detailed presentation of the board members, please refer to the Company website.

The meeting elected Ernst & Young AB as auditor for the period until next annual general meeting.

Furthermore, the meeting decided on a fixed board fee of SEK 720,000 for the chairman of the board and SEK 360,000 each for the other members, and that members of the credit committee, in addition to their board fee, should receive an additional fee of SEK 150,000 each, and that members of the risk and audit committees, respectively remuneration committee in addition to its board fee shall receive an additional fee of SEK 100,000 per committee. Furthermore, the meeting decided that the fee to the auditor shall be paid according to an approved bill.

Remuneration principles for senior executives

The meeting decided in accordance with the board's proposal that compensation for senior executives should consist of a fixed salary, pension and other benefits. In order to avoid senior executives being encouraged to take unhealthy risks, no variable compensation shall be paid.

Authorization for the Board to decide to issue new shares

The meeting decided on an authorization for the board to, for the time until the next annual general meeting, on one or more occasions, with or without deviating from the shareholders' pre-emptive rights, against cash payment, property in kind or by set-off, decide on a new issue of ordinary shares. The number of shares that can be issued must total a maximum of 10,269,051 shares, corresponding to a dilution effect of approximately 10.0 percent of the share capital and votes, based on the current number of shares in the company.

Documents

Auditor's opinion on the general meeting's guidelines
Notice to the Annual General Meeting
The Nomination Committee proposal
The Nomination Committee motivated statement
Principles for appointing

Minutes

Minutes Annual General Meeting Collector AB 2019
Appendix 2
Appendix 3
Appendix 4

Previous

Collector AB's AGM 2018
Collector AB's AGM 2017
Collector AB's AGM 2016