The Annual General Meeting of
It was resolved to approve the Consolidated Financial Statements of the Company, the Director's Report and the Auditor's Report for the financial year ending
The Meeting resolved not to declare any dividends for the financial year of 2023, in accordance with the proposal from the Board of Directors.
The Meeting resolved that the Board of Directors shall be composed of six (6) members. The Meeting further resolved that the fees to be paid to the members of the Board of Directors shall be allocated as follows:
The Meeting further resolved that the auditor's fees shall be payable in accordance with approved invoice.
Øystein Engebretsen,
PricewaterhouseCoopers Malta were re-elected as the Company's auditor, in accordance with the Nomination Committee's proposal.
The Meeting resolved to approve the Nomination Committee's proposal on the principles for appointing the Nomination Committee of the Company for the Annual
The Meeting further resolved to adopt an incentive program in accordance with the Board of Directors' proposal (the "2024 Programme"). The 2024 Programme comprises two series. Series 1 comprises of share options and Series 2 comprises of warrants. Both the share options and the warrants have a vesting period of three (3) years after which the participant is entitled to exercise the share options and warrants to subscribe for shares in the Company during a period of six months. The 2024 Programme comprises up to 1,500,000 share options and warrants in the aggregate, which entitle participants to the same number of new shares. The 2024 Programme implements a similar structure as the incentive programme which was approved on the Annual General Meeting in
The Meeting also resolved to approve the Remuneration Report for the financial year 2023 as prepared by the Board of Directors.
Given that the Board of Directors' proposal to allow the Company to acquire its own shares (the "Share Buy Back Extraordinary Resolution") only obtained one of the two majorities required in terms of article 1.5 of the Articles, the said proposal was not adopted at the Meeting. The Board of Directors has, however, convened an Extraordinary General Meeting to be held on Wednesday
Further information about the Annual General Meeting's resolutions is available on the Company's website:
https://www.catenamedia.com/investors/corporate-governance/general-meetings/
Contact details for further information:
Email: erik.flinck@catenamedia.com
Investor Relations
Email: ir@catenamedia.com
The information was submitted for publication, through the agency of the contact persons set out above, on
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