At the Annual General Meeting of TF Bank (publ) on Wednesday 3 May 2017 it was resolved, in accordance with the proposal from the Board of Directors, that a dividend for the fiscal year of 2016 shall be paid to the shareholders of SEK 2,20 per share. The record date was set as 5 May 2017. The dividend payment is made through Euroclear Sweden AB and is expected to take place on 10 May 2017. The balance sheets and income statements for the fiscal year 2016 was adopted and the CEO and the Board of Directors were discharged from liability for the fiscal year 2016.
The Annual General Meeting resolved on the following fees to the Board of Directors: SEK 2,200,000 to the Chairman of the Board of Directors, SEK 300,000 to Board members not employed by the bank, SEK 100,000 to the Chairman of the audit committee of the Board of Directors and SEK 50,000 to other members of the audit committee. Furthermore it was decided that the members of the Board of Directors’ fee can, after a separate agreement between a board member and TF Bank, and if fiscal conditions are at hand and if it is cost-neutral for TF Bank, and the board member also fulfils the formal conditions for such invoicing, be invoiced by a company wholly owned by a board member. The Annual General Meeting resolved, as before, that the auditors’ fee shall be paid against approved account.
The Annual General Meeting resolved to re-elect Mattias Carlsson, John Brehmer, Bertil Larsson and Tone Bjørnov and to newly elect Charlotta Björnberg-Paul and Mari Thjømøe as members of the Board of Directors, for the period until the end of the Annual General Meeting 2018. Mattias Carlsson was elected as Chairman of the Board of Directors.
Furthermore the Annual General Meeting resolved to re-elect PricewaterhouseCoopers AB as the registered auditing firm, with Authorized Public Accountant Martin By as auditor-in-charge, for the period until the end of the Annual General Meeting 2018.
The Annual General Meeting resolved on guidelines for adopting instructions to the Nomination Committee in accordance with the Nomination Committee’s proposal, and that the Nomination Committee shall present the following proposals for resolution at the Annual General Meeting 2018:
1. Chairman of the Annual General Meeting;
2. Members of the Board of Directors;
3. Chairman of the Board of Directors;
4. Remuneration to the members of the Board of Directors, distinguishing between the Chairman of the Board of Directors and other members of the Board of Directors and remuneration for committee work;
5. Auditor and
6. Remuneration to the Auditor.
The Annual General Meeting resolved on the guidelines for remuneration of the Executive Management in accordance with the proposal from the Board of Directors.
TF Bank AB (publ)
The Board of Directors
For further information, please contact:
Sture Stölen, Investor Relations, +46 723 68 65 07, [email protected]
This information was distributed, through the care of the above mentioned contact person, for publication on 3 May 2017 at 1730 CEST.