Articles of Association
The company’s company is I-Tech AB (publ). The company is public.
- BOARD OF THE BOARD OF DIRECTORS
The company’s board of directors shall have its registered office in Mölndal municipality.
The company’s business consists of developing and commercializing environmentally compatible key components for inhibiting biotroduction in marine environments and thus providing compatible activities.
The share capital shall amount to at least SEK 10,000,000 and not more than SEK 40,000,000.
- NUMBER OF SHARES
The number of shares shall be at least 5,000,000 and not more than 20,000,000.
The Board shall consist of four to seven ordinary members, with a maximum of seven alternates. Board members and deputy board members are elected annually at the AGM for the period until the end of the next AGM.
To review the company’s annual accounts, together with the accounts, as well as the administration of the Board of Directors and the Managing Director, an Authorized Public Accountant or Registered Auditing Company is appointed with or without Deputy Auditors.
Notice of the Annual General Meeting shall be made by advertising in Post- och Inrikes Tidningar and on the company’s website. That notice has been announced will be announced in Dagens Industri.
- RIGHT TO PARTICIPATE IN CORPORATE GOVERNMENT
Shareholders who wish to participate in the Annual General Meeting must be listed as shareholders in such a printout or other presentation of the entire share book referred to in Chapter 7. Section 28, third paragraph, of the Companies Act (2005: 551), regarding the conditions five weekdays before the meeting, and to report its participation to the company by the date and date stated in the notice convening the meeting. The latter day may not be Sunday, other public holiday, Saturday, Midsummer Eve, Christmas Eve or New Year’s Eve and not earlier than fifth weekday before the meeting.
Shareholders may bring one or two assistants at the Annual General Meeting, but only if the shareholder has notified this in accordance with the preceding paragraph.
- ANNUAL MEETING
Annual General Meetings are held annually within six months after the end of the financial year.
At the Annual General Meeting, the following matters shall be dealt with:
1. Election of Chairman of the Meeting.
2. Establishment and approval of voting rights.
3. Election of one or two adjudicators.
4. Examination of whether the Annual General Meeting has been convened
5. Approval of agenda.
6. Presentation of the Annual Report and Auditor’s Report, as well as, where applicable, the consolidated accounts and the Group Audit Report.
7. Decision on:
(a) determination of income statement and balance sheet and, where applicable, consolidated income statement and consolidated balance sheet,
(b) disposition of the Company ‘s profit or loss in accordance with the Balance Sheet, and
(c) discharge to board members and chief executive officer.
8. Determination of the number of Board members and deputies.
9. Determination of fees to board members and auditors.
10. Election of the Board of Directors and the auditor and, as the case may be, Deputy Auditors.
11. Other matters that arrive at the Annual General Meeting pursuant to the Swedish Companies Act or the Articles of Association.
- FISCAL YEAR
The company’s fiscal year is the calendar year.
- RECORD DAY
The shareholder or trustee who, on the record date, is entered in the share register and recorded in a reconciliation register, according to Chapter 4. The Securities Centers Act (1998: 1479) and Financial Instrument Accounts or those listed in Reconciliation Accounts under Chapter 4. Section 18, first paragraph, paragraphs 6 to 8, shall be deemed to be entitled to exercise the rights set forth in Chapter 4. Section 39 of the Swedish Companies Act (2005: 551).