4 June, 2015
The Annual General Meeting of Fingerprint Cards AB (publ) held on June 3, 2015 adopted the financial statements submitted for 2014.
The Annual General Meeting resolved that no dividend be paid.
Discharge from liability
The Meeting discharged the members of the Board and the President from personal liability for the 2014 fiscal year.
Election of Board members, Chairman of the Board and auditor
The existing Board members Urban Fagerstedt and Alexander Kotsinas was reelected. Katarina Bonde, Carl-Johan von Plomgren, Lars Söderfjell and Jan Wäreby was elected as new members of the board.
Urban Fagerstedt was reelected Chairman of the Board.
Board members are presented on the company’s websitewww.fingerprints.com.
Of the Board members, Urban Fagerstedt and Lars Söderfjell are not independent in relation to the company’s owners.
Johan Kratz, KPMG, was reelected to audit the company until the next annual general meeting in 2015.
The Meeting resolved to pay fees to the Board of Directors in the following amounts: Fixed fees totaling SEK 1,450,000, of which SEK 350,000 to the Chairman of the Board and SEK 220,000 to each other Board member. As of the seventh Board meeting and thereafter up to the time of the next AGM, an additional amount of SEK 10,000 per member will be payable per attended meeting, subject to a maximum payment of SEK 100,000 per member. In total the fixed fee and per meeting fee can thus be a maximum of SEK 2,050,000. If tax-related prerequisites for invoicing exist, and on condition that it is cost-neutral for the company, the possibility to invoice director fees from the member’s own company will be provided. If a Board member invoices his/her director fee via a company, the fee will be increased by an amount corresponding to social security contributions and statutory VAT.
Election of members of the Nomination Committee
The AGM decided a new Nomination Committee be appointed prior to the 2016 AGM by having the Chairman of the Board contact the largest shareholder in terms of the votes registered as owned or the largest shareholder in some other known manner as per September 1, 2015 and to urge this shareholder to appoint three members to the Nomination Committee. The names of the members of the Nomination Committee and information on the person appointed Chairman of the Nomination Committee shall be announced no later than six months prior to the 2016 AGM.
Guidelines for remuneration of senior executives and guidelines for appointing the Nomination Committee
The Meeting resolved to adopt the Board’s motion regarding guidelines for remuneration of senior executives and the Nomination Committee’s proposal regarding the appointment of the Nomination Committee. These motions are available in their entirety on the company’s website, www.fingerprints.com.
Authorization pertaining to issue of new shares
A resolution was passed in accordance with the Board’s motion: The Board was authorized to decide, during the period up to the next Annual General Meeting, to issue a total of up to 5,000,000 Class B shares without applying the shareholders’ preferential rights. The Board was also authorized to decide, during the period up to the next Annual General Meeting, to issue a total of up to 5,000,000 Class B shares, with preferential rights for shareholders.
For more information, please contact:
Jörgen Lantto, President and CEO Fingerprint Cards AB (publ), +46-(0)31-60 78 20, [email protected]
About Fingerprint Cards AB (publ)
Fingerprint Cards AB (FPC) is a high tech and listed company which develops, produces and markets biometric technology that through the analysis and matching of an individual’s unique fingerprint verify the person’s identity. A secure and convenient user experience is thus made possible, beyond keys and pins. The FPC technology offers world class advantages and include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and in combination with low production costs the technology may be implemented in large volume products as smartphones, tablets and biometric cards where these demands are extremely high. FPC’s technology have user cases from a number of applications.
Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act (1991:980). The information was issued for publication on June 4, 2015, at 10:00 a.m.
Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the constituent information in accordance with the rules and regulations prevailing in the particular jurisdiction. This press release does not constitute an offer, or invitation to acquire or subscribe for new securities in Fingerprint Cards in any jurisdiction.