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Annual general meeting in Sensys Gatso Group AB
15-05-2025
was held on 15 May 2025 in Jönköping.
Board of Directors
The annual general meeting discharged the members of the Board of Directors and the CEO from liability for the fiscal year 2024.
The annual general meeting resolved to re-elect Claes Ödman, Jochem Garritsen, Kerstin Sjöstrand, Pia Hofstedt, Francis Schmeer and Mark Talbot as members of the Board of Directors for the period until the end of the next annual general meeting. The annual general meeting elected Claes Ödman as Chairman of the Board of Directors.
Auditor
The annual general meeting resolved to re-elect BDO Mälardalen AB as auditor for the period until the end of the next annual general meeting. BDO Mälardalen AB has appointed the authorised public accountant Carl-Johan Kjellman auditor in charge.
Remuneration to the members of the Board of Directors and the auditor
The annual general meeting resolved that the remuneration to the members of the Board of Directors shall be SEK 1,750,000, to be allocated as follows: SEK 500,000 to the Chairman of the Board of Directors and SEK 250,000 each to the other members of the Board of Directors. The annual general meeting further resolved that remuneration to the auditor shall be paid in accordance with approved invoice within framework of the submitted quotation.
Annual report
The annual general meeting adopted the annual report for the financial year 2024.
Remuneration report
The annual general meeting resolved to approve the Board of Directors’ remuneration report.
Long-term incentive program for key executives and employees
The annual general meeting approved the Board of Directors’ proposal on long-term incentive program for key executives and employees. The program comprises of no more than 600,000 options that entitle the acquisition of no more than 600,00 shares subject to a three year vesting period.
The required majority was not obtained for the Board of Directors’ proposal on issue and transfer of warrants to ensure the delivery of shares to the participant in LTIP 2025. The annual general meeting instead resolved to authorize the Board of Directors to enter into share swap agreements with a third party in order to hedge the company's obligations in accordance with LTIP 2025.
Issuance authorisation
In accordance with the Board of Directors’ proposal, the annual general meeting resolved to authorise the Board of Directors, for the period until the next annual general meeting, to resolve on new issues of shares corresponding to not more than ten per cent of the total number of outstanding shares in the company.
The information was submitted for publication, through the agency of the contact person, at 16.25 on May 15, 2025.
For further information:
Ivo Mönnink, CEO
Sensys Gatso Group AB
E-mail: investors@sensysgatso.com
Sensys Gatso Group AB is a global leader in traffic management solutions for nations, cities and fleet owners. Sensys Gatso Group has subsidiaries in Australia, Costa Rica, Germany, the Netherlands, Saudi Arabia, Sweden and the USA, and a branch office in the United Arab Emirates and has 308 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm.
For further information, visit www.sensysgatso.com