Annual general meeting in Sensys Gatso Group AB

Board of Directors

The annual general meeting discharged the members of the Board of Directors and the CEO from liability for the fiscal year 2022.

The annual general meeting resolved to re-elect Claes Ödman, Jochem Garritsen, Kerstin Sjöstrand, Pia Hofstedt, Francis Schmeer and to elect 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 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 Johan Pharmanson 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.

Resolution regarding directed issue of shares, amendment of the articles of association, reverse share split, and authorisation for the Board of Directors to resolve on directed issue of shares

The annual general meeting resolved, in accordance with the Board of Directors' proposal, on a reverse share split, consolidating 80 shares into one share. In order to enable the reverse split, the annual general meeting also resolved on a directed issue of new shares, to amend the articles of association and to authorise the Board of Directors to resolve on directed issue of shares. The Board of Directors was authorised to set the record date for the reverse share split.

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.

Acquisition and transfer of own shares

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 acquisition and transfer of own shares on Nasdaq Stockholm. The company’s holding of own shares at any given time must not exceed five per cent of the total number of shares in the company.

The information was submitted for publication, through the agency of the contact person, at 14.30 on May 15, 2023.

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, Sweden and the USA, and a branch office in the United Arab Emirates and has 284 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm.

For further information, visit www.sensysgatso.com