April 25, 2024 16:53 Regulatory

Resolutions at Solid Försäkringsaktiebolag’s Annual General Meeting 2024

Solid Försäkringsaktiebolag (publ) held its Annual General Meeting today. The Annual General Meeting decided in accordance with all the proposals submitted by the board and the Nomination Committee, which were included in the notice.

Decision on board and auditors
The AGM decided on the re-election for a term until the next Annual General Meeting of Board members Lars Nordstrand, Fredrik Carlsson, Marita Odélius and Lisen Thulin and the election of Martina Skande and Lars Benckert as new Board members. Lars Nordstrand was re-elected chairman of the board.

The meeting further decided on re-election of Öhrlings PricewaterhouseCoopers AB (PwC) as auditor for the period until the end of the annual general meeting in 2025. PwC has informed the company that the authorized auditor Catarina Ericsson will serve as auditor in charge.

Annual report and dividend
The meeting approved the annual report for 2023 and decided on a dividend of a total of SEK 82,838,448.00, corresponding to SEK 4.50 per share. The record date for the dividend was decided to be Monday, 29 April 2024.

Reduction of the share capital by cancellation of shares and increase of the share capital through a bonus issue
The meeting decided in accordance with the board's proposal to reduce the share capital by withdrawing 806,169 own shares and on a bonus issue to restore the share capital to the same level as before the reduction/retraction.

Decision on authorization for the board to resolve on acquisition of own shares
The meeting decided, in accordance with the board's proposal, on an authorization for the board to carry out purchases of the company's own shares on Nasdaq Stockholm with the aim of partly enabling the transfer of shares to the participants in incentive programs, and partly giving the board an instrument to continuously adapt and improve the company's capital structure.

Decision on introduction of long-term incentive program, LTIP 2024
The meeting decided in accordance with the board's proposal to introduce a long-term performance-based incentive program, LTIP 2024, ("LTIP 2024") including the equity swap agreements that were described in the proposed decision.

Exemption from liability, fees, new instructions for the nomination committee and compensation report
Furthermore, the annual general meeting granted discharge from liability for the members of the board and the CEO for the financial year 2023, approved the nomination committee's proposal regarding fees to the board and auditor, adopted new instructions for the nomination committee and approved the board's remuneration report for 2023.