Notice to attend the Annual General Meeting of Vitrolife AB (publ)

Rhea-AI Summary

Vitrolife AB (VTRLY) announces Annual General Meeting with dividend proposal and board member re-election. Shareholders must register by April 19, 2024, and vote on various proposals including dividend payout, board composition, and auditor re-appointment.

Positive

• Shareholders of Vitrolife AB (VTRLY) are called to the Annual General Meeting on April 25, 2024, in Gothenburg, Sweden.
• Board proposes SEK 1.00 per share dividend with April 29, 2024, as the record day.
• Election Committee suggests a five-member board with specific remunerations for each position.
• Authorization for new share issuance and acquisition of company's own shares until the next AGM.
• Re-appointment of Deloitte as auditors for a three-year term with annual elections.
• Decrease in board fees by 8% compared to the previous year due to reduced board members.
• Shareholders must register by April 19, 2024, to attend the AGM physically or through postal voting.
• Contact Jón Sigurdsson or Patrik Tolf for further information.
• Full notice available for download on the provided link.

Negative

• None.

GOTHENBURG, Sweden, March 26, 2024 /PRNewswire/ -- The shareholders of Vitrolife AB (publ), corporate identity number 556354-3452 (`the Company') are hereby invited to attend the Annual General Meeting of shareholders on Thursday 25 April 2024 at 4.00 pm at the Elite Park Avenue Hotel, Kungsportsavenyn 36-38 in Gothenburg, Sweden. The entrance opens at 3.30 pm.

Shareholders who wish to attend the Annual General Meeting must:

• be recorded in the share register prepared by Euroclear Sweden AB relating to the circumstances on 17 April 2024; and
• notify their attendance in accordance with the instructions in the Notice by 19 April 2024.

Shareholders who have had their shares registered with a nominee through a bank or other nominee must temporarily register the shares in their own name in the share register kept by Euroclear Sweden AB in order to participate in the meeting. Shareholders who wish to participate in the AGM by postal voting must give notice of their participation by casting their postal votes in accordance with the instructions under the heading Postal voting in the notice so that the postal votes are received by Euroclear Sweden AB no later than 19 April 2024.

The following proposals will be amongst those presented at the Annual General Meeting:

• The Board of Directors proposes a dividend of SEK 1.00 per share and Tuesday 29 April 2024 as the record day for the dividend.

• The Election Committee proposes that the Board shall consist of five members. The Election Committee proposes re-election of the Board members Lars Holmqvist, Pia Marions, Henrik Blomquist, Karen Lykke Sørensen and Jón Sigurdsson. It is proposed that Jón Sigurdsson is the Chairman of the Board. Remuneration to the Board members is proposed to be in total SEK 3,300,000 of which SEK 1,200,000 to the Chairman of the Board, SEK 400,000 to each of the other members of the Board, SEK 150,000 to the Chairman of the Audit Committee and SEK 75,000 to each of the other members of the Audit Committee, SEK 100,000 to the Chairman of the Remuneration Committee and SEK 50,000 to each of the other members of the Remuneration Committee. The proposal means a decrease of 8% in the board fees compared to the previous year (SEK 3,600,000) due to the decrease in number of board members. This proposal means an increase of SEK 100,000 to the Audit Committee. During 2023 a formal process of appointment of auditors was concluded and the Election Committee proposes to re-appoint Deloitte as auditors for the for a period of three years, with annual elections at the Annual General Meeting. The Election Committee proposes re-election of the auditor for a mandate period of one year with unchanged remuneration principles.

• Authorization for the Board to resolve to issue new shares up until the next Annual General Meeting.

• Authorization for the Board to resolve on acquisition of the company's own shares up until the next Annual General Meeting.

Attachment: Full notice

Gothenburg 26 March 2024
VITROLIFE AB (publ)
The Board of Directors

The information was submitted for publication, through the agency of the contact persons set out above, at 26-03-2024 18:00 CET.

CONTACT:

For further information contact:
Jón Sigurdsson, Chairman of the board, email: jsigurdsson@ossur.com 
Patrik Tolf, CFO, phone +4631-766 90 21, email: ptolf@vitrolife.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/vitrolife-ab--publ-/r/notice-to-attend-the-annual-general-meeting-of-vitrolife-ab--publ-,c3944989

The following files are available for download:

https://mb.cision.com/Main/1031/3944989/2698471.pdf

Notice to attend the Annual General Meeting of Vitrolife AB (publ)

View original content:https://www.prnewswire.com/news-releases/notice-to-attend-the-annual-general-meeting-of-vitrolife-ab-publ-302099964.html

SOURCE Vitrolife AB (publ)

When is the Annual General Meeting of Vitrolife AB (VTRLY) scheduled?

The Annual General Meeting is set to take place on April 25, 2024, in Gothenburg, Sweden.

What dividend is proposed per share by the Board of Directors of Vitrolife AB (VTRLY)?

The Board of Directors proposes a dividend of SEK 1.00 per share.

Who are the proposed members of the Board of Vitrolife AB (VTRLY)?

The Election Committee suggests re-election of Lars Holmqvist, Pia Marions, Henrik Blomquist, Karen Lykke Sørensen, and Jón Sigurdsson as board members.

What is the proposed remuneration for the Board members of Vitrolife AB (VTRLY)?

The proposed total remuneration for the Board members is SEK 3,300,000 with specific amounts allocated to each position.

Who is proposed to be re-appointed as auditors for Vitrolife AB (VTRLY)?

The Election Committee proposes the re-appointment of Deloitte as auditors for a three-year term with annual elections.

How much is the decrease in board fees proposed by the Board of Directors of Vitrolife AB (VTRLY)?

The proposal suggests an 8% decrease in board fees compared to the previous year, amounting to SEK 3,600,000.

What authorization is sought by the Board of Vitrolife AB (VTRLY) regarding shares?

The Board seeks authorization to issue new shares and acquire the company's own shares until the next Annual General Meeting.

How can shareholders participate in the AGM of Vitrolife AB (VTRLY) through postal voting?

Shareholders can participate in the AGM through postal voting by following the instructions in the notice and submitting their votes to Euroclear Sweden AB by April 19, 2024.