Annual General Meeting 2013
The Annual General Meeting (AGM) in Swedish Orphan Biovitrum AB (publ) took place on Friday 26 April 2013 at 4.00 p.m. in Wallenbergsalen, at Kungliga Ingenjörsvetenskapsakademien (IVA), Grev Turegatan 16, Stockholm, Sweden.
CEO's presentation at the AGM
The slides from CEO Geoffrey McDonough's presentation at the AGM is avaliable for download under related documents.
Adoption of the profit and loss statements and balance sheet and discharge of liability
The AGM adopted the income statement and the balance sheet and approved the proposal to carry forward the retained profits of SEK 4,659,221,805.
The board members and the chief executive officers were discharged from liability for the financial year 2012.
Election of Board of Directors, remuneration to the Directors and election of Auditor
The ordinary board members Adine Grate Axén, Matthew Gantz, Bo Jesper Hansen, Lennart Johansson, Helena Saxon, Hans GCP Schikan and Hans Wigzell were re-elected. Bo Jesper Hansen was re-elected chairman of the Board.
The AGM approved the compensation to the Board in accordance with the nomination committee’s proposal.
PricewaterhouseCoopers AB was elected auditor of Sobi until the end of the annual general meeting 2014.
The AGM approved the proposed instructions and charter for the nomination committee.
Principles for remuneration for the management, long-term incentive program and transfer of own shares
The AGM approved the proposed guidelines for remuneration for the management.
The AGM also approved the Board’s proposal regarding the implementation of a long-term incentive program, and hedging arrangements in respect of the program including a directed issue of no more than 754,912 series C shares, authorisation for the Board to decide on a repurchase of all issued series C shares and transfers of no more than 1,719,238 own common shares to program participants.
The Board’s proposal regarding transfer of no more than 135,082 own common shares on the stock exchange for the purpose of covering certain payments, mainly social security contributions, that may occur in relation to the Share Program 2010, was also approved by the AGM.