Bulletin from Annual General Meeting

The annual general meeting of G5 Entertainment AB (publ) was held at 7a Conference center, Strandvägen 7a in Stockholm, on May 7, 2018. 

Petter Nylander was elected chairman of the meeting. During the meeting CEO Vlad Suglobov gave a presentation of the 2017 financial year and the current status of G5 Entertainment AB (publ). 

The meeting, amongst other things, decided on the following matters:

Members of the Board of directors and remuneration to the Board of directorsChris Carvalho, Petter Nylander, Jeffrey Rose, Vlad Suglobov (CEO), Johanna Fagrell Köhler and Stefan Lundborg were re-elected as members of the board. Petter Nylander was appointed chairman of the board. It was resolved that the remuneration to the board should comprise of SEK 450,000 to the chairman and SEK 250,000 to each of the other members appointed by the general meeting and not employed by the company. It was also resolved that fees for the upcoming term, in addition to directors ' fees, shall be paid to the members of the company's Audit Committee and the Compensation Committee. The fee to the chairman of the Audit Committee shall amount to SEK 80,000 and SEK 50,000 each, to be paid to the other members of the Audit Committee and the fee to the chairman of the Compensation Committee shall amount to SEK 50,000 and SEK 30,000 each to be paid to the other members of the Compensation Committee

DividendThe meeting approved to pay a dividend of SEK 2.50 per share, in total SEK 22,134,385, as suggested by the Board. Payment from Euroclear is estimated to be made on May 15, 2017. 

Discharge from liabilityThe meeting decided to discharge the board and the CEO from liability for the financial year 2017. 

AuditorThe meeting resolved to elect PwC as audit firm with Aleksander Lyckow as auditor in charge for the period until the end of the next annual general meeting. The meeting also resolved that remuneration to the auditors shall be paid on approved invoices.

Nomination committeeThe meeting approved the nomination committee's proposal regarding guidelines for the nomination committee.

Remuneration to senior executivesThe meeting resolved to adopt the Board’s proposal for guidelines for remuneration to senior executives.

Authorization, share issueThe meeting resolved to authorize the Board for the period until the next annual general meeting, on one or more occasions, to decide to issue a maximum of  885,375 shares in order to facilitate acquisitions and raising capital. 

Repurchase of warrantsThe meeting resolved to authorize the Board, until the next Annual General Meeting and on one or more occasions, to resolve on repurchase of warrants issued by the annual general meeting 2015. The price for the repurchase of warrants shall correspond to the market value.

More information about the Company can be found on www.g5e.se/corporate.