The notice to the Annual General Meeting included an incorrect date of the Annual General Meeting. The correct date is Friday 5 May 2023. The notice is in full included below.
The shareholders in Logistea AB, reg. no 556627-6241, are hereby given notice to the Annual General Meeting that will be held on Friday 5 May 2023 at 2.00 p.m. CEST at Advokatfirman Cederquist’s office, Hovslagargatan 3, Stockholm. Registration begins at 1.30 p.m. CEST.
The board of directors has resolved that shareholders may also exercise their voting right at the Annual General Meeting by postal voting pursuant to the provisions in the articles of association of Logistea.
Right to attend and notice etc.
Shareholders wishing to attend the Annual General Meeting
shall be entered as shareholder in the share register kept by Euroclear Sweden AB concerning the circumstances on Wednesday 26 April 2023,
shall give notice of their attendance to the company no later than Friday 28 April 2023.
Notice of attendance may be given by e-mail to ursula.sorqvist@cederquist.se, by post to Advokatfirman Cederquist, P.O. Box 1670, SE-111 96, Stockholm, Sweden, Att: Ursula Sörqvist (mark the envelope with “Logistea AB, AGM 2023”), or by phone +46 (0)8 522 065 34 on Monday-Friday between 9.00 a.m. and 4.00 p.m. CEST. When giving notice of attendance, please state your name or company name, address, telephone number, personal identification number or company registration number, and any assistants at the general meeting, if applicable.
Shareholders who wish to use the possibility of postal voting shall do that in accordance with the instructions under the heading “Participation through postal voting” below. Such postal voting does not require any further notice of attendance.
Nominee-registered shares
To be entitled to attend the meeting, shareholders whose shares are nominee-registered must, in addition to giving notice of attendance, register such shares in their own names so that the shareholder is recorded in the share register concerning the circumstances on Wednesday 26 April 2023. Such registration may be temporary (so called voting right registration) and request for such registration shall be made to the nominee in accordance with the nominee's routines in such time in advance as decided by the nominee. Voting right registrations effected no later than the second banking day after 26 April 2023 will be considered in the preparation of the share register.
Proxy etc.
Shareholders who wish to attend the meeting venue in person or through a proxy representative are entitled to bring one or two assistants. Shareholders who wish to bring assistants shall state this in connection with the notice of attendance. Shareholders represented by a proxy shall issue a signed and dated power of attorney for the proxy. If the power of attorney is issued by a legal entity, a copy of a certificate of incorporation, or if such document does not exist, a corresponding document shall be enclosed. In order to facilitate the registration at the meeting, the power of attorney and certificate of incorporation and other documents of authority should be provided to and received by the company at the address stated above no later than 28 April 2023. A proxy form is available on the company's website, www.logistea.se.
Participation through postal voting
A designated form shall be used for postal voting. The form is available on Logistea’s website, www.logistea.se. The postal voting form is considered as a notice of attendance at the Annual General Meeting.
Completed and signed postal voting form shall be received by Logistea no later than Friday 28 April 2023. The completed and signed form shall be sent by post to Advokatfirman Cederquist, P.O. Box 1670, SE-111 96, Stockholm Sweden, Att: Ursula Sörqvist (mark the envelope with “Logistea AB, AGM 2023”), or by e-mail to ursula.sorqvist@cederquist.se. Shareholders may also submit the postal vote electronically by verification with BankID through https://app.verified.eu/web/postrosta2022/?source=logistea5maj.
The shareholder may not provide special instructions or conditions in the voting form. If so, the vote (i.e. the postal vote in its entirety) is invalid. Further instructions and conditions are included in the form for postal voting.
If a shareholder casts a postal vote through proxy, a written and dated power of attorney signed by the shareholder shall be enclosed with the postal voting form. The proxy form is available at Logistea’s website, www.logistea.se. If the shareholder is a legal entity, a certificate of incorporation or a corresponding document shall be enclosed with the form.
Proposed agenda
1. Opening of the meeting.
2. Election of chairman of the meeting.
3. Preparation and approval of the voting list.
4. Approval of the agenda.
5. Election of one or two persons to verify the minutes.
6. Determination of whether the meeting has been duly convened.
7. Presentation by the CEO.
8. Presentation of the annual report and the auditor's report and the consolidated financial statements and the audit report on the consolidated financial statements.
9. Resolutions on:
a. adoption of the income statement and balance sheet and the consolidated income statement and consolidated balance sheet,
b. disposition of the company's earnings in accordance with the adopted balance sheet, and
c. discharge from liability for the directors of the board and the CEO.
10. Determination of the number of directors of the board, auditors and deputy auditors.
11. Determination of remuneration to the directors of the board and the auditor.
12. Election of directors and chairman of the board of directors.
13. Election of auditor.
14. Resolution on instruction to the nomination committee.
15. Resolution on approval of the remuneration report.
16. Resolution on implementation of a long-term incentive program 2023/2026, including resolution on a directed issue of warrants with subsequent transfer to the participants.
17. Resolution on authorisation for the board of directors to resolve on new issue of shares.
18. Resolution on approval of cooperation agreement with Ra Solar Energy AB (significant related party transaction).
19. Closing of the meeting.
Proposed resolutions
Logistea AB’s nomination committee, which for the Annual General Meeting 2023 consists of Ilija Batljan (as representative of Ilija Batljan Invest AB and other companies within the sphere, and chairman of the nomination committee), Rutger Arnhult (as representative of M2 Capital Management AB and other companies within the sphere), Joel Sandwall (as representative of Stefan Hansson and companies) and Patrik Tillman (as chairman of Logistea AB), has submitted proposals for resolutions regarding items 2 and 10-14 on the agenda.
Election of chairman of the meeting, item 2
The nomination committee proposes Patrik Tillman as chairman of the Annual General Meeting.
Resolution on disposition of the company's earnings in accordance with the adopted balance sheet, item 9 b)
The board of directors proposes that the Annual General Meeting resolves that no dividend shall be paid for the financial year 2022.
The board of directors proposes that retained earnings be carried forward, of which a portion may be used to pay dividends on additional preference shares in accordance to below.
The board of directors proposes that the general meeting resolves that all new preference shares that may be issued by the board of directors by virtue of the authorisation proposed by the board of directors under item 17 below, shall give right to dividend, in accordance with Logistea’s articles of association, from the date of their entry in the share register maintained by Euroclear Sweden AB. This means that the right to receive the first dividend of SEK 8.75 per preference share arises on the first record date which occurs after the shares are recorded in the share register.
It shall not be possible to issue a larger number of preference shares than that after the payment of dividend on the preference shares, there is full coverage of the company’s restricted equity.
Determination of the number of directors of the board, auditors and deputy auditors, item 10
The nomination committee proposes that the number of directors of the board of the company, for the period until the end of the next Annual General Meeting, shall be five. The nomination committee proposes that the number of auditors shall continue to be one with no deputy auditor.
Determination of remuneration to the directors of the board and the auditor, item 11
For the period until the end of the next Annual General Meeting, the nomination committee proposes that remuneration shall be paid and distributed as follows.
The chairman of the board of directors: SEK 325,000 (unchanged)
Each of the other directors of the board: SEK 160,000 (unchanged)
Deputy chairman, if the board of directors appoints a deputy chairman: additional SEK 80,000 (unchanged)
The chairman of the audit committee: SEK 60,000 (unchanged)
Each of the other members of the audit committee: SEK 30,000 (unchanged)
No additional remuneration is paid to board members performing committee work in committees other than the audit committee.
The proposal does not result in any change in the remuneration for any of the board members in relation to the remuneration decided by the Annual General Meeting 2022.
Remuneration to the auditor is proposed to be paid in accordance with approved invoices.
Election of directors and chairman of the board of directors, item 12
The nomination committee proposes that Patrik Tillman, Sanja Batljan, Anneli Lindblom and Stefan Hansson shall be re-elected for the period until the end of the next Annual General Meeting. Bengt Kjell, Caroline Thagesson and Johan Mark have declined re-election. The nomination committee proposes election of Jonas Grandér as new board member. Patrik Tillman is proposed as chairman of the board of directors.
Jonas Grandér was born in 1967 and has a degree in economics from the Stockholm School of Economics. Jonas is currently CEO for Nordika Fastigheter AB. Previous experience includes board assignments in Amasten Fastighets AB and Midnattssolen Fastigheter AB of which he is also the founder. Jonas has also previously held positions such as Head of the Nordic region of Lehman Brothers Europé Ltd, Head of the Nordic region for Doughty Hansson Real Estate Fund Stockholm and Transaction Manager at GE Capital Real Estate Stockholm.
Further information about the proposed directors is available on the company’s website, www.logistea.se.
Election of auditor, item 13
In accordance with the audit committee's recommendation, the nomination committee proposes that the registered accounting firm Ernst & Young Aktiebolag is re-elected as the company’s auditor for the period until the end of the next Annual General Meeting. Ernst & Young Aktiebolag has informed that if the accounting firm is elected, Gabriel Novella will continue as the auditor in charge.
Resolution on instruction to the nomination committee, item 14
The nomination committee proposes that the Annual General Meeting resolves to adopt the following instruction for the nomination committee to apply until further notice.
The nomination committee shall consist of four (4) members, of which one (1) member shall be the chairman of the board of directors. The chairman of the board of directors shall contact the three (3) largest shareholders in the company in terms of votes as of the last day of share trading in August each year. In the event that any of the three largest shareholders does not wish to appoint a member to the nomination committee, the next largest shareholder who has not been asked to appoint a representative to the nomination committee shall be asked, etc. The nomination committee appoints a chairman from among its members, who may not be a member of the company’s board of directors.
A member of the nomination committee shall, before accepting the assignment, carefully consider whether there is a conflict of interest or other circumstances that make it inappropriate to participate in the nomination committee.
The appointed members shall, together with the chairman of the board of directors as convener, constitute the company’s nomination committee. The names of the members of the nomination committee and the shareholders they represent shall be published no later than six (6) months before each Annual General Meeting on the company’s website, www.logistea.se.
The majority of the members of the nomination committee shall be independent in relation to the company and its management. At least one of the members of the nomination committee shall be independent in relation to the largest shareholder or group of shareholders cooperating with regard to the management of the company in terms of voting rights. The CEO or any other member of the executive management shall not be a member of the nomination committee. Members of the board of directors may be members of the nomination committee but shall not constitute more than one member in addition to the chairman of the board of directors. A member of the nomination committee who is a director but not the chairman of the board shall be independent in relation to the company’s major shareholders.
The nomination committee shall perform the tasks required by the Swedish Corporate Governance Code and shall, where applicable, propose amendments to the instruction for the appointment of the nomination committee.
If a member leaves the nomination committee before its work is completed and if the nomination committee considers that there is a need to replace the member, the nomination committee shall appoint a new member in accordance with the above principles. If the ownership structure of the company changes significantly, the composition of the members of the nomination committee shall, if the nomination committee so decides, be changed to reflect the changed ownership structure. However, if such change in ownership occurs later than two months before the Annual General Meeting, no change in the composition of the nomination committee shall be made. Changes in the composition of the nomination committee shall be made public immediately.
The term of office of the nomination committee shall run until the appointment of a new nomination committee.
This instruction shall be valid until further notice.
Resolution on approval of the remuneration report, item 15
The board of directors proposes that the Annual General Meeting resolves to approve the board of directors’ remuneration report according to Chapter 8, Section 53 a of the Swedish Companies Act.
Resolution on implementation of a long-term incentive program 2023/2026, including resolution on a directed issue of warrants with subsequent transfer to the participants, item 16
The board of directors proposes that the Annual General Meeting resolves to implement a long-term incentive program (“LTIP 2023/2026”) to existing and future senior executives, key persons and employees in the company (the “Participants”) by issuing warrants to a wholly owned subsidiary of Logistea (the “Subsidiary”) and approve that the Subsidiary transfers these warrants to the Participants.
The issue is proposed to comprise a maximum of 1,640,000 warrants entitling to subscription of a maximum of 1,640,000 new ordinary class B shares in Logistea, whereby the share capital may increase by a maximum of SEK 820,000, with reservation for possible recalculation in accordance with the full terms and conditions.
With deviation from the shareholders’ preferential rights, the warrants are proposed to be subscribed for by the Subsidiary which shall have the right and obligation to transfer the warrants to the Participants.
The warrants are issued free of charge to the Subsidiary while the transfer to the Participants shall be made against a payment corresponding to the market value based on the Black & Scholes valuation model.
The reason for the proposal is that the employees, through the implementation of an incentive program, are expected to have a personal and long-term ownership commitment, which is expected to lead to an increased interest in the business and the development of the results, increase the motivation, entail that Logistea may be able to retain and recruit competent and committed personnel, as well as result in an increased shareholder value for all shareholders.
1 Issue of warrants
1.1 The board of directors of Logistea proposes that the Annual General Meeting resolves that the company shall issue a maximum of 1,640,000 warrants and that each warrant entitles the holder to subscribe for one (1) ordinary share of class B in Logistea.
1.2 The right to subscribe for warrants shall, with deviation from the shareholders' preferential rights, be granted to the Subsidiary. Over-subscription is not possible.
1.3 The reason for deviating from the shareholders' preferential rights is to promote the Participants' long-term commitment to Logistea by allowing them to participate in the company's share development and thereby promote the company's business and the value of the company's shares.
1.4 The warrants are issued free of charge.
1.5 Subscription of the warrants shall be made on a subscription list no later than 19 May 2023. However, the board of directors shall be entitled to extend the subscription period.
1.6 The warrants may be exercised to subscribe for ordinary shares of class B in Logistea during a four-week period from the day after the publication of the company’s interim report for the period 1 January – 31 March 2026, but not earlier than 1 April 2026 and not later than 10 June 2026 (or from the earlier or later date that may follow from the full terms and conditions of the warrants). If any warrant holder is prevented from subscribing for shares during this period due to applicable insider regulation, the board of directors shall be entitled to allow the warrant holder to instead subscribe for shares as soon as he or she is no longer prevented from doing so, but not later than 30 calendar days after the impediment has ceased.
1.7 The subscription price per ordinary share of class B shall be 130 percent of the average price of the ordinary share of class B during the Measurement Period (as defined below). The average price of the ordinary share of class B during the Measurement Period is the average volume weighted price paid on Nasdaq Stockholm during the period from 3 May 2023 up to and including 9 May 2023 (the “Measurement Period”). If Logistea has inside information during this period, the board of directors shall be entitled to postpone the Measurement Period for the average volume weighted price paid for the share. The subscription price may not be lower than the quota value of the ordinary share of class B. If the subscription price exceeds the quota value, the excess amount (the premium) shall be included in the unrestricted share premium reserve in the company's balance sheet.
1.8 Shares issued after subscription in accordance with the terms and conditions carry the right to dividends as of the first record date occurring after subscription of the shares by exercise of the warrants has been duly executed.
1.9 Complete terms and conditions for the warrants are set out in “Terms and conditions for warrants of series 2023/2026”, which are kept available on the company’s website, www.logistea.se.
2 Approval of transfer of warrants to senior executives and employees
2.1 The board of directors proposes that the general meeting approves that the Subsidiary transfers a maximum of 1,640,000 warrants in LTIP 2023/2026 to the Participants, or otherwise dispose of the warrants in order to secure the commitments due to LTIP 2023/2026.
2.2 The right to acquire the warrants shall be granted to the Participants in accordance with the principles set out in 2.5 below. A condition for the Participants to be entitled to acquire warrants is that they sign an agreement with the Subsidiary regarding, inter alia, pre-emption rights, repurchase rights for the Subsidiary in certain cases, etc.
2.3 The warrants shall be offered to the Participants at a price corresponding to an estimated market value for the warrants using the Black & Scholes valuation model. The valuation shall be made by an independent valuation institute. For acquisitions made by new Participants after the end of the initial application period, a new market price shall be determined in a corresponding manner. The value of the warrants has preliminary been calculated to SEK 1.17 per warrant. The preliminary valuation has been conducted by an independent valuation institute, Svalner. The valuation of the theoretical market value of the warrants is based on a value of the company’s ordinary share of class B of SEK 13 (which corresponds to the closing price of Logistea’s ordinary share of class B on 30 March 2023), a subscription price for subscription of one ordinary share of class B of SEK 16.25, that the term of the warrants is 3 years, and a volatility of 25 percent.
2.4 Warrants shall be transferred to the Participants during 2023, as soon as practically possible after the Annual General Meeting.
2.5 Allotment shall be made to the following categories of senior executives, employees and key persons. In total, LTIP 2023/2026 may include a maximum of 17 persons and 1,640,000 warrants.
| Category | Granted number of warrants per Participant | Maximum number of warrants per Participant |
| CEO and deputy CEO (2 persons) |
220,000 Total within the category: 440,000 |
286,000 |
| Other management group (4 persons) |
160,000 Total within the category: 640,000 |
208,000 |
| Other senior executives (3 persons) |
80,000 Total within the category: 240,000 |
104,000 |
| Other employees and consultants (8 persons) |
40,000 Total within the category: 320,000 |
52,000 |
2.6 If warrants remain after all applications have been satisfied up to the guarantee level according to the table in section 2.5, the remaining number may be allotted to Participants, regardless of category. However, such allotment may at most mean that the maximum number of warrants per person within a certain category amount to the maximum number set out in the table in section 2.5. If not all Participants who wish to subscribe for the maximum number of warrants set out in the table in section 2.5 are able to do so, the remaining warrants shall be allotted to these Participants pro rata in relation to the number of warrants subscribed for, however, at most up to the maximum level set out in the table in section 2.5. The board of directors of the company decides on the final allotment.
2.7 The maximum number of Participants that may be included in the program also includes future employees and key persons within Logistea. Warrants may thus also be acquired by and allotted to future employees of Logistea. For such acquisitions and allotments, the terms and conditions shall be equivalent to what is stated in this proposal.
3 MISCELLANEOUS
3.1 Dilution
Based on the number of shares and votes in the company at the time of issuing the notice to the Annual General Meeting, the proposed incentive program, upon exercise of all warrants, entails a dilution of approximately 1.2 percent of the number of shares in the company.
3.2 Costs and impact on key ratios
Considering that the warrants will be transferred to the Participants at an estimated market value, LTIP 2023/2026 is not expected to entail any costs other than certain costs for preparation and administration, as well as the issue of shares upon exercise of the warrants.
The warrants will not result in any accounting consequences. However, the dilution effect of the warrants may affect key ratios per share in accordance with applicable accounting standards.
If the company would repurchase warrants in cases where this is possible according to the separate agreements with the Participants, the estimated issue proceeds relating to repurchased warrants would not be realized and any premium already paid would be refunded.
The company considers offering loans to Participants for the acquisition of warrants under LTIP 2023/2026, to the extent it is compatible with Chapter 21 of the Swedish Companies Act.
3.3 Other outstanding share-related incentive programs
Logistea has an outstanding warrant program established in 2021 for employees and consultants. Apart from this, there are no outstanding share-related incentive programs in Logistea. More information about Logistea’s incentive programs can be found on Logistea’s website, www.logistea.se, and in note 26 in Logistea’s annual report for 2022.
3.4 Preparation of the program
The principles for LTIP 2023/2026 have been prepared by the company’s board of directors and remuneration committee. The proposal has been prepared with the support of external advisors and after consultations with shareholders. The board of directors has subsequently decided to submit this proposal to the general meeting. Except from the employees who prepared the matter according to instructions from the board of directors, no employee who may be covered by the program has participated in the preparation of the terms and conditions.
Resolution on authorisation for the board of directors to resolve on new issue of shares, item 17
The board of directors proposes that the board of directors be authorised, within the limits of the applicable articles of association, on one or several occasions during the period until the next Annual General Meeting, to decide on new issues of ordinary shares of class A, B and D and/or preference shares with or without deviation from the shareholders’ preferential rights. Based on the authorisation, the number of shares that may be issued may correspond to an increase of a maximum of one hundred (100) percent of the total number of shares issued in the company at the time of the Annual General Meeting. The shares may be subscribed for in cash, by contribution in kind or by way of set-off or on terms set out in Chapter 2, Section 5 of the Swedish Companies Act.
The purpose of the authorisation is to increase the company’s financial flexibility and the board of director’s scope for action. If the board of directors decides on an issue with deviation from the shareholders’ preferential rights, the reason shall be to enable external fundraising for the financing of the company’s business, acquisitions of properties or property-owning companies and/or acquisition of other companies or operations.
A new issue decided by virtue of the authorisation which takes place with deviation from the shareholders' preferential rights shall be in line with market terms.
Resolution on approval of cooperation agreement with Ra Solar Energy AB (significant related party transaction), item 18
The board of directors proposes that the Annual General Meeting approves the entering into a cooperation agreement (the “Cooperation Agreement”) between Logistea and Ra Solar Energy AB (“Ra Solar”) regarding the expansion of solar energy and batteries for ancillary services in frequency trading and arbitrage trading.
According to Chapter 16 a of the Swedish Companies Act, certain related party transactions must be submitted to the general meeting for approval. Considering the fact that Stefan Hansson, member of Logistea’s board of directors, is a founder and member of the board of directors of Ra Solar, significant transactions with Ra Solar shall be submitted to the general meeting for approval in accordance with Chapter 16 a, Section 7 of the Swedish Companies Act.
Background
On 2 February 2023, Logistea and Ra Solar entered into the Cooperation Agreement through which the parties jointly shall identify which properties within Logistea’s portfolio that may be suitable for the cooperation. Provided that the parties agree on each specific establishment, Ra Solar will project, finance, construct and own the facilities in exchange for a turnover-based fee.
Main terms of the agreement
- Each establishment shall be preceded by a pre-study in which Ra Solar ensures, among other things, that an independent technical inspection is carried out of both the roof and ground as well as a survey of the electricity needs of existing tenants within the property in question.
- For each agreed establishment, the parties shall enter into a separate usufruct agreement (in relation to the use of roof for the construction of solar cells) and a separate lease agreement (in relation to the expansion of a battery facility on ground).
- Ra Solar shall ensure that all necessary agreements are concluded, such as agreements with Svenska kraftnät, agreements with tenants, etc., and that necessary official decisions, permits and other licenses are obtained.
- The duration of each usufruct/lease agreement shall be between five and twelve years.
- The turnover fee shall amount to approximately 22 percent of the total turnover related to the solar cells (with an agreed minimum fee) and approximately 20 percent of the total turnover related to the batteries (with an agreed minimum fee).
- Furthermore, the Company has the right to demand that the facilities be moved and deconstructed if this is necessary for the Company to conduct significant maintenance work within the property in question.
- In the event that the usufruct agreement and/or the lease agreement entered into is terminated, and Ra Solar is to vacate the property in question, Ra Solar shall restore any damage to the roof and /or ground to the condition of the roof/ground prior to the installation.
The board of directors’ assessment of the agreement
The assessment of the board of directors of Logistea is that the terms of the Cooperation Agreement are in line with market conditions and reasonable from a financial point of view. Furthermore, the Cooperation Agreement is of great advantage for Logistea as the company does not have to finance the projects but will still be entitled to a share of the turnover. In this way, Logistea does not take any risk in each separate project but is entitled to the financial benefit.
Miscellaneous
In view of the fact that the agreement is only a cooperation agreement in which the parties have agreed on the terms and conditions that will apply in the event that the parties agree to establish solar cell facilities on Logistea’s properties, no transactions have yet been decided under the Cooperation Agreement and it is not certain that any transactions will be carried out between the parties. However, the approval of the general meeting includes that transactions between the parties are carried out in accordance with the Cooperation Agreement and also includes the approval of each separate usufruct agreement and lease agreement entered into on substantially the same terms as those set out in the Cooperation Agreement.
Stefan Hansson has not participated in the handling of the proposal or in the board of director’s decision regarding the proposal, and shares held by Stefan Hansson or related parties to him will not be considered in the decision of the general meeting regarding the Cooperation Agreement.
Special majority requirements
A resolution by the Annual General Meeting in accordance with item 16 (resolution on implementation of a long-term incentive program 2023/2026, including resolution on a directed issue of warrants with subsequent transfer to the participants) is valid only where supported by shareholders representing at least nine tenths of both the votes cast and the shares represented at the meeting, and the Annual General Meetings resolution regarding item 17 (resolution on authorisation for the board of directors to resolve on new issue of shares) is valid only where supported by shareholders representing at least two thirds of both the votes cast and the shares represented at the meeting. In the resolution by the Annual General Meeting regarding item 18 (resolution on approval of cooperation agreement with Ra Solar Energy AB (significant related party transaction)), shares held by Stefan Hansson or related parties will not be taken into account.
Authorisation
The CEO, or anyone appointed by the CEO, shall be authorised to make the minor adjustments in the meeting's resolutions that may be required in connection with registration at the Swedish Companies Registration Office or due to other formal requirements.
Number of shares and votes
As of the date of this notice, the total number of shares in the company is 139,470,079, of which 11,024,035 are ordinary shares of class A with one vote per share and 128,446,044 are ordinary shares of class B with one-tenth of a vote per share. The total number of votes amounts to 23,868,639.4. At the time of issuing this notice, the company held no shares in treasury.
Right to information
The board of directors and the CEO shall, if any shareholder so requests and the board of directors believes that it can be done without material harm to the company, at the general meeting provide information regarding circumstances that may affect the assessment of an item on the agenda and circumstances that may affect the assessment of the company's financial situation. The obligation to provide information also applies to the company’s relationship to another group company, the consolidated financial statements and the circumstances mentioned above with regard to subsidiaries.
Miscellaneous
The complete proposals of the board of directors and the nomination committee, the nomination committees motivated statement and information on the proposed board members are available at Logistea at the company’s head office at Ingmar Bergmans gata 4, Stockholm, Sweden, and at the company’s website, www.logistea.se.
The annual report, the auditor's statement, consolidated financial statement, consolidated audit report, the board of director’s remuneration report and the auditor’s statement pursuant to Chapter 8, Section 54 of the Swedish Companies Act on the application of guidelines for remuneration to senior executives are held available at the company’s head office and website from no later than three weeks before the Annual General Meeting. The documents will also be sent to any shareholder who so requests and provide their postal or e-mail address.
Personal data processing
For information on how personal data is processed, please see https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.
Stockholm in April 2023
Logistea AB (publ)
The board of directors