The following resolutions were passed at the Annual General Meeting (the "AGM") of Veg of Lund AB (publ) (the "Company") on 26 June 2024 in Lund.
Adoption of income statement and balance sheet and discharge from liability
The AGM resolved to adopt the income statement for the financial year 2023 as well as the balance sheet and consolidated balance sheet as of 31 December 2023. The members of the Board of Directors and the current managing director were discharged from liability for the financial year 2023. The former managing director, who resigned in October 2023, was not discharged from liability for the financial year 2023.
Allocation of profit or loss
The AGM resolved, in accordance with the Board of Directors' proposal, that no dividend shall be paid for 2023 and that the results of the Company shall be carried forward.
Board of Directors and auditor
The AGM resolved, in accordance with the Nomination Committee's proposal, on re-election of Johan Möllerström and Rolf Bjerndell and election of Kaj Söderström as Board members. Johan Möllerström was re-elected as the Chairman of the Board of Directors. The AGM elected the audit firm Nyström & Partners Revision KB as auditor with Cecilia Ståhl as principal auditor.
The AGM further resolved on remuneration to the Board of Directors in accordance with the Nomination Committee's proposal. The AGM furthermore resolved in accordance with the Nomination Committee's proposal, that remuneration to the auditor shall be paid in accordance with approved statement of costs.
Nomination Committee for the next Annual General Meeting
The AGM resolved, in accordance with the Nomination Committee's proposal, on principles for appointing the Nomination Committee.
Resolution on issue authorization
The AGM resolved, in accordance with the Board of Directors' proposal, to authorize the Board of Directors to, at one or several occasions and for the period up until the next AGM, resolve to increase the Company's share capital by issuing new shares, warrants or convertibles with or without deviation from the shareholders' pre-emption rights. Such issue resolution may be carried out with or without provisions for contribution in kind, set-off or other conditions. The number of shares that can be issued, or, in the event of an issue of warrants or convertibles, added after exercise or conversion, with the support of the authorization shall not be limited in any other way than by the limits for the share capital and number of shares, as set forth from time to time in the registered Articles of Association.
The purpose of the authorization is to increase the Company's financial flexibility and the Board's discretion. If the Board of Directors resolves on an issue with deviation from the shareholders' pre-emption rights, the reason shall be to raise working capital, broadening the ownership of the Company, procuring capital for company acquisitions, or to fulfil obligations in cooperation agreements.
Amendment of the Articles of Association
The AGM resolved, in accordance with the Board of Directors' proposal, to amend the Articles of Association. The amendment was made in order to change the Company's company name to Dug Foodtech AB (publ). Furthermore, the limits on the number of members of the Board of Directors were amended.
For further information, please contact:
Helene Nielsen, CEO, Veg of Lund AB
Tel: +46 (0)703 12 19 42
E-mail: Helene.Nielsen@vegoflund.se
