The General Meeting is the supreme decision-making body in Arjo, and shareholders exercise their voting rights at such meetings (Annual General Meetings and Extraordinary General Meetings, respectively).
The Annual General Meeting is to be held annually in Malmö before the end of June. In addition to the Annual General Meeting, Extraordinary General Meetings can be convened when required. The General Meeting resolves on several matters, including confirmation of income statements and balance sheets, the disposition of the Company’s profit or loss, discharge of liability for the members of the Board and the CEO towards the Company, composition of the Nomination Committee, election of members of the Board (including the Chairman of the Board) and auditors. The General Meeting also resolves on remuneration to the members of the Board and auditors, guidelines for remuneration to the CEO and other senior executives and any amendments of the Articles of Association.
Notice convening an Annual General Meeting and Extraordinary General Meeting where amendment of the Articles of Association is on the agenda shall be issued no earlier than six weeks and no later than four weeks before the General Meeting. Notice to other extraordinary General Meetings shall be issued no earlier than six weeks and no later than three weeks before the General Meeting.
Notice convening General Meetings shall be issued through announcement in the Swedish Official Gazette (Sw. Post- och Inrikes Tidningar) as well as on the Company’s website. Announcement to the effect that a notice convening a General Meeting has been issued shall be made in Svenska Dagbladet. Shareholders that wish to participate in a General Meeting shall be recorded in the share register kept by Euroclear at the date falling five weekdays (Sw. vardagar) prior to the Meeting and notify the Company of their intention to participate by the date specified in the notice convening the Meeting. The last mentioned day must not be a Saturday, Sunday, Midsummer’s Eve, Christmas Eve, New Year’s Eve or other public holiday and not fall earlier than the fifth weekday prior to the Meeting.