Lars Grönberg, Christer Fåhraeus, Göran Jansson, Jan T. Jørgensen, Marc Chatel and Christer Bergman were re-elected as members of the board. Helen Fasth-Gillstedt declined to be re-elected. Lisa Thorsted was elected as a new board member. As of March 2006, Lisa Thorsted is Vice President for Commercial Planning at SAS Scandinavian Airlines Danmark A/S and she has previously been active in different business areas in SAS. Lars Grönberg was re-elected as the chairman of the board. The Annual General Meeting also resolved on remuneration to the board amounting to a total of SEK 735,000.
Dividends
It was decided that no dividends would be issued for the financial year of 2005.
Amendment of the articles of association
The Annual General Meeting resolved to amend the Articles of Association in accordance with the proposal of the board. The amendment was implemented to adapt the Articles of Association to the new Companies Act, and for the purpose of combining the A and B shares to one class of shares.
Resolution on authorization for the board to resolve on new issue of shares with deviation from the preferential rights of shareholders
In accordance with the proposal of the board it was also resolved to authorize the board to decide upon an increase of the company's share capital through new issue of shares and/or convertibles. The full utilization of this authorization corresponds to a dilution of slightly less than 10% of the current share capital and votes. The objective of the authorization and the reason for the deviation from the preferential rights of shareholders is to enable the company to accomplish acquisitions of other companies by payment in its own shares and/or convertibles, and to achieve capital infusions primarily from new industrial or international owners.
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