General Meetings

The general meeting is Cheffelo’s highest decision-making body. The general meeting may resolve upon every issue for the company, which is not specifically reserved for another company body’s exclusive competence. At the annual general meeting, which shall be held within six months from the end of each financial year, shareholders exercise their voting rights on issues such as adoption of income statements and balance sheets, allocation of the company’s profits or losses, discharge of liability for the board of directors and the CEO for the financial year, appointment of members of the board of directors and auditor, and remuneration for the board of directors and the auditor. In addition to the Annual General Meeting, extraordinary General Meeting may be convened.

In accordance with the Company’s articles of association, all general meetings shall be convened through announcements in the Swedish Official Gazette (Sw. Post- och Inrikes Tidningar) and by posting the notice of the meeting on the Company’s website. An announcement shall simultaneously be placed in Dagens Nyheter with information that the meeting has been convened.

Right to attend general meetings

All shareholders who are entered in the share register kept by Euroclear, six banking days prior to the general meeting and who have notified the Company of their intention to attend the general meeting at the latest by the date specified in the notice convening the meeting shall be entitled to attend the general meeting and vote according to the number of shares they hold. Shareholders may attend general meetings in person or through a proxy, and may also be accompanied by not more than two assistants.