Bulletin from the Annual General Meeting

2015-05-21 PRESS RELEASE

The annual general meeting of G5 Entertainment AB (publ) was held at Hotel Kung Carl, Birger Jarlsgatan 21 in Stockholm, on May 20, 2015.

Petter Nylander was elected chairman of the meeting. During the meeting CEO Vlad Suglobov gave a presentation of the 2014 financial year and the current status of G5 Entertainment AB.

The meeting approved the parent company's and the group's consolidated financial statements. These can be found in G5 Entertainment AB’s annual report for 2014. The meeting decided unanimously to discharge the board and the CEO from liability for the financial year 2014. The meeting also decided that the profit for the year should be carried forward.

Pär Sundberg, Vlad Suglobov, Petter Nylander, and Jeffrey Rose were re-elected as members of the board. Annika Andersson was elected new member of the board. Petter Nylander was appointed chairman of the board. It was resolved that the remuneration to the board should comprise of SEK 300 000 to the chairman and SEK 150 000 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 that the fee to the chairman of the Audit Committee shall amount to SEK 30 000 and SEK 15 000 each to be paid to the other members of the Audit Committee.

The meeting resolved to re-elect Mazars SET Revisionsbyrå 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.

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

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

The 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 880 000 shares in order to facilitate acquisitions and raising capital.

The meeting also decided on the issue of up to 176,000 warrants. The right to subscribe for the warrants shall, with deviation from shareholders’ preferential rights, be given to managers and senior executives of the group. The program shall include a maximum of 20 persons. Each warrant will entitle the holder to subscribe for one (1) share in the company at an issue price of 300 per cent of the volume-weighted average quoted closing price during the period from and including May 21, 2015 to June 3, 2015 for shares in G5 on Nasdaq Stockholm. Upon full exercise of the warrants, up to 176,000 shares (subject to any recalculation), equivalent to about two percent of the total number of outstanding shares and voting rights, will be issued. If fully subscribed, the company's share capital will increase by SEK 17 600, resulting in a dilution of two percent. Board members are not entitled to subscribe for warrants with the exception of the company's CEO.

All decisions were unanimous.