Shareholders' meeting

Each shareholder has the right to participate in the shareholders’ meeting and to vote according to the number of shares owned. Shareholders who are not able to attend in person may exercise their rights by proxy.

Each shareholder also has the right to have items included on the agenda of the meeting, regardless of the number of shares held, providing a request has been submitted to the Board of Directors in sufficient time for the item to be included in the notice of meeting.

The Annual General Meeting must be held within six months of the end of the financial year in order to decide on whether to adopt the income statement and balance sheet and decide on appropriation of profits or losses. The meeting also decides on discharge of liability for members of the Board and the CEO.

Decisions are also made in other issues on which it is obliged by law or the company’s articles of association to decide, such as the election of Board members and auditor. Board and auditor fees are also decided by the shareholders’ meeting.