AGM Information • Apr 24, 2024
AGM Information
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Medistim ASA held its ordinary general meeting Monday the 24th of April 2024 at 10.00. The meeting was held at Medistim office in Økernveien 94. Attachment 1 gives an overview of the shareholders that were represented. 75.87% of the shareholders were represented were 65.76% were represented by proxy.
Chairman of the Board of Director's Øyvin Anders Brøymer opened the meeting.
Fee to the auditor was in total TNOK 1 819 where TNOK 1 704 was for the audit and TNOK 115 was for other services. Of a total of 13,913.407 votes, 13,895,907 (99.87%) of the votes approved the fees to the auditor while 17,500 (0.13%) of the votes where against the fees to the auditor. The General Meeting approved the fees to the auditor.
Four of the Board Members are on election. This is Board Member Jon H. Hoem, Board Member Lars Rønn, Board Member Tove Raanes and Board Member Anthea Arff-Pettersen. Lars Rønn and Anthea Arff-Pettersen has decided not to take a new term.
Of a total of 13,913 407 votes, 7,374,244 (53.00%) of the votes were in favor and 6,539,163 (47.00%) of the votes abstained from voting on this item. As a conclusion the General Meeting approved the election of Jon H. Hoem, Peder Strand, Tove Raanes and Gry Dahle as Board Members until the ordinary General Meeting in 2026.
The Nomination Committee proposed to the General Meeting that the Chairman receives a fee for 2023 of NOK 500,000. Furthermore, the Nomination Committee proposed that each of the board members for 2023 receive a fee of NOK 290,000 for each member. Total fees to the Board of Directors according to the Nomination Committee's proposal was NOK 2,240,000. All votes was in favor of the proposal. As a conclusion the General Meeting approved the fees to the Board of Directors.
The members of the Nomination Committee, Vegard Søraunet and Jonathan Schönbäck, are on election. Vegard Søraunet has decided not to take a new term. Jonathan Schönbäck is willing to take a new term. It is suggested to the General Assembly that Jonathan Schönbäck is elected as member of the Nomination Committee for two years until the ordinary General Meeting in 2026. Further, as replacement for Vegard Søraunet it is suggested that Eirik Rogstad is elected as member of the Nomination Committee. Erik Rogstad represent Medistim's largest shareholder Acapital Medi Holdco AS. Of a total of 13,913 407 votes, 7,374,244 (53.00%) of the votes were in favor and 6,539,163 (47.00%) of the votes abstained from voting on this item. As a conclusion the General Meeting approved the election of Jonathan Schönbäck and Eirik Rogstad as members of the Nomination Committee by the General Meeting until ordinary General Meeting in 2026.
It was suggested to the General Meeting that the leader of the Nomination Committee was compensated with NOK 20,000 and that the members were compensated with NOK 15,000. Total purposed fee to the Nomination Committee was TNOK 50,000. Of a total of 13,913,407 votes, 12,758,407 (91.70%) of the votes approved the fees to the Nomination Committee while 1 155 000 (8.30%) of the votes where against. As a conclusion the General Meeting approved the fees to the Nomination Committee.
The Remuneration Committee consist of 2 members and it was suggested that the leader of the committee was compensated with NOK 20.000 and the member of the committee compensated with NOK 15.000. The Audit Committee consist of 3 members. It was suggested that the leader was compensated with NOK 50.000 and that members were compensated with NOK 35.000. Of a total of 13,913 407 votes, 7,374,244 (53.00%) of the votes were in favor and 6,539,163 (47.00%) of the votes abstained from voting on this item. Fees to the Renumeration and Audit committee was approved by the General Meeting.
The board proposed that the general meeting approved that the company make a loan with a limit of NOK 10,000,000 available to senior executives in Medistim ASA according to allmennaksjeloven § 8-10. The loan framework can only be used for partial financing of share purchases that Medistim senior executives has been offered. The program gives executive management the opportunity to purchase Medistim shares at a 25 % discount with a lock in period of at least 3 years, or as long as the executive is employed. The exercise of the offer will be limited in time and will only be used once. The board had prepared a statement and a declaration regarding the loan limits that were attached to the notice. Of a total of 13,913,407 votes, 12,758,407 (97.70%) of the votes approved the financial assistance to management while 1,155,000 (8.30%) voted against the proposal. As a conclusion the General Meeting approved the financial assistance related to the long term share based incentive plan for senior management.
The general meeting gave the Board of director's approval to increase share capital on the following terms and conditions:
All votes were in favor of the proposal. The general meeting approved the Board of Director's authorization to increase share capital according to the above terms and conditions.
The general meetings resolution will be registered in the Brønnøysund register centre and must be registered before the Board of Directors can use the authorization.
The purpose of setting aside the preferential rights for existing shareholders to subscribe new shares is to ensure flexibility for the company.
All votes were in favor of the proposal. As a conclusion the General Meeting approved the power of attorney to purchase own shares according to above terms and conditions.
The general meeting resolution must be registered in the Brønnøysund register centre before the board can use the authorization.
* * *
There were no other issues on the agenda. The meeting was ended and the minutes signed.
Oslo 24. April 2024
Øyvin Brøymer Asbjørn Buanes Rigmor Blix Sign. Sign. Sign.
_____________ _________________ ___________________
Vote
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| Resu lts o f the n th e Ge l me etin g in Med istim ASA vot es o nera |
In fa vou r |
Aga inst |
Abst ain |
In fa vor |
Aga inst |
Abst ain |
|---|---|---|---|---|---|---|
| val o f the f sha reho lder ted by p 1. A ice, regis ion o not trat ppro s or pers ons repr esen roxy |
13 9 13 4 07 |
- | - | 100, 00 % |
0,00 % |
0,00 % |
| 2. A intm of p cha ir th etin sign the l, to ign t he p col a nd p col s d in the ral m eeti ent n to g, to toco roto roto tary ppo erso e me pro co-s ecre pro pose gene ng |
13 9 13 4 07 |
- | - | 100, 00 % |
0,00 % |
0,00 % |
| val o f an l rep ort f 3. A or 2 023 ppro nua |
13 9 13 4 07 |
- | - | 00 % 100, |
% 0,00 |
% 0,00 |
| f pro fit a 4. A val o nd lo d ba lanc e sh 2023 eet ppro ss an |
13 9 13 4 07 |
- | - | 100, 00 % |
0,00 % |
0,00 % |
| 5. A val o f the dist ribu tion of t he p rofit for the ppro year |
13 9 13 4 07 |
- | - | 100, 00 % |
0,00 % |
0,00 % |
| 6. Th ard of D or's decl lary and othe the e Bo irect arat ion o ratio n to t. n sa r rem une ma nage men |
7 42 2 23 1 |
6 49 1 17 6 |
- | 53,3 5 % |
46,6 5 % |
0,00 % |
| f fee or fo 7. A val o he a udit r 20 23. to t ppro |
13 8 95 9 07 |
17 5 0 0 |
- | 99,8 7 % |
0,13 % |
0,00 % |
| 8. El ectio n of boa rd m emb ers |
0,00 % |
|||||
| ard ber 8a J on H . Ho s Bo em a mem |
7 37 4 24 4 |
- | 9 16 6 53 3 |
53,0 0 |
% 0,00 % |
47,0 0 % |
| 8b P ede r Str and as B oard Me mbe r |
7 37 4 24 4 |
- | 9 16 6 53 3 |
53,0 0 |
% 0,00 % |
47,0 0 % |
| 8c T Raan s Bo ard Mem ber ove es a |
7 37 4 24 4 |
- | 9 16 6 53 3 |
53,0 0 |
% 0,00 % |
47,0 0 % |
| 8d G ahle oard mbe ry D as B Me r |
7 37 4 24 4 |
- | 9 16 6 53 3 |
53,0 0 |
% 0,00 % |
47,0 0 % |
| 9. Fe the Boa rd. T his i ordi o th e No mina tion Com mitt ee's ion. es to ng t gest s acc sug |
13 9 13 4 07 |
- | - | 100, 00 % |
0,00 % |
0,00 % |
| 10. J oha n Sc hön bäck and Eiri d is elec ted omi nati on C ittee mbe g Ro gsta as N omm me rs |
7 37 4 24 4 |
- | 9 16 6 53 3 |
53,0 0 |
% 0,00 % |
47,0 0 % |
| he N . Thi ding he N 's su 11. C tion to t omi nati on C ittee s is a to t omi nati on C ittee tion omp ensa omm ccor omm gges |
12 7 58 4 07 |
1 15 5 00 0 |
- | 91,7 0 % |
8,30 % |
0,00 % |
| 12. A val o f co ion t o th dit a nd r atio ittee nsat ppro mpe e au enu mer n co mm |
7 37 4 24 4 |
- | 9 16 6 53 3 |
53,0 0 |
% 0,00 % |
47,0 0 % |
| 13. A val o f fin anci al as sista nior cutiv es in ion w ith p urch of sh in t he c und long m in ive a to se nect -ter cent t ppro nce exe con ase ares omp any er a gree men |
12 7 58 4 07 |
5 00 0 1 15 |
- | 91,7 0 % |
8,30 % |
0,00 % |
| val o f the rd o f Dir r's s he g ral m the rd o f Dir r's a utho e sh tal 14. A Boa ecto stion to t eeti ng t Boa ecto rizat ion t o inc capi ppro ugge ene o re new reas are |
13 9 13 4 07 |
- | - | 100, 00 % |
0,00 % |
0,00 % |
| 15. A val o f the Boa rd o f Dir r's s stion the f att hase n sh ecto to r y to ppro ugge enew pow er o orne purc ow ares |
13 9 13 4 07 |
- | - | 100, 00 % |
0,00 % |
0,00 % |
| Fløte ken AS mar |
1 28 5 00 0 |
In fa r all item vou s |
|---|---|---|
| stad Kari Krog |
70 5 83 |
In fa r all item vou s |
| Rigm or B lix |
63 3 39 |
In fa r all item vou s |
| Tho Jako bsen mas |
30 5 26 |
In fa r all item vou s |
| Med 's eg ksje istim ASA ne a r |
23 1 17 |
In fa r all item vou s |
| Asbj Bua ørn nes |
381 876 |
In fa r all item vou s |
| 0 - |
In fa r all item vou s |
| Prox y |
Num ber of vo tes |
Prox y to |
Prev ote |
|---|---|---|---|
| ACA PITA L ME DI H OLD CO |
1 90 0 21 9 |
Cha n Øy irma vin B røym er |
In fa r all item vou s |
| FOL LUM INV EST |
970 000 |
n Øy Cha irma vin B røym er |
In fa r all item vou s |
| HAR ALD SVE INDA L |
595 | n Øy Cha irma vin B røym er |
In fa r all item vou s |
| JON HO EM |
125 | Cha n Øy irma vin B røym er |
In fa r all item vou s |
| HAN DELS BAN KEN MIC ROC AP N ORD EN |
14 9 78 |
n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
| SCH ROD IONA L SE LECT ION ER IN TER NAT FUN D |
115 000 |
n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
| VER DIPA PIRF OND ET S TOR EBRA ND I NDE KS |
34 6 52 |
Cha n Øy irma vin B røym er |
In fa r all bsta abcd ab a nd 1 item cept item 6, a in 8 , 10 2 a vou s ex |
| HAN DELS BAN KEN NO RDIS KA S MAB OIA G |
85 9 00 |
n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
| ESTM ST: F ITY S S IN IONA L SM CAP FIDE LITY INV ENT TRU IDEL ERIE TER NAT ALL FUN D |
440 375 |
n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
| SNB CAP ITAL EUR OPE IND EX F UND |
1 45 5 |
Cha n Øy irma vin B røym er |
In fa r all bsta abcd ab a nd 1 item cept item 6, a in 8 , 10 2 a vou s ex |
| FIDE LITY INV ESTM ENT TRU ST:F IDEL ITY I NTE RNA TION AL S MAL L CA P OP POR TUN ITIES FUN D |
175 242 |
n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
| PECO ENE RGY COM PAN Y RE TIRE EME DICA L TR UST |
161 | n Øy Cha irma vin B røym er |
In fa r all item item bsta in 8 abcd ab a nd 1 cept 6, a , 10 2 a vou s ex |
| ECH IQU IER E NTR EPR ENE URS |
203 488 |
Cha n Øy irma vin B røym er |
In fa r all bsta abcd ab a nd 1 item item 6, a in 8 , 10 2 a cept vou s ex |
| STIC HTIN G BE DRIJ FSTA KPEN SIOE NFO NDS VOO R OE ME DIA PNO |
1 48 0 |
n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
| DNC A IN VEST SRI NOR DEN EUR OPE |
160 964 |
n Øy Cha irma vin B røym er |
In fa r all item item bsta in 8 abcd ab a nd 1 cept 6, a , 10 2 a vou s ex |
| PHIL ADE LPH IA G AS W ORK S PE NSIO N PL AN |
25 | Cha n Øy irma vin B røym er |
In fa r all bsta abcd ab a nd 1 item item 6, a in 8 , 10 2 a cept vou s ex |
| ACA DIAN NON -US MIC ROC AP E QUI TY F UND , LLC |
7 69 7 |
n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
| Ml - FON DS K 11 |
84 0 01 |
n Øy Cha irma vin B røym er |
In fa r all bsta abcd ab a nd 1 item cept item 6, a in 8 , 10 2 a vou s ex |
| NNP ARA PLU FON DS 1 N.V |
54 6 95 |
Cha n Øy irma vin B røym er |
In fa r all bsta abcd ab a item item 6, a in 8 , 10 nd 1 2 a cept vou s ex |
| ACA DIAN INTE RNA TION AL S MAL L CA PEQ UITY II FU ND L LC |
684 | n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
| ENS IGN PEA K AD VISO RS IN C |
4 70 4 |
n Øy Cha irma vin B røym er |
In fa r all bsta abcd ab a nd 1 item cept item 6, a in 8 , 10 2 a vou s ex |
| ALA SKA PER MAN ENT FUN D CO RPO RAT ION |
1 81 0 |
n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
| VOY A M ULT I-MA NAG ER IN TER NAT IONA L SM ALL CAP FUN D |
256 | n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
| MON TAN ARO EUR OPE AN S MAL LER COM PAN IES T RUS T PL C |
250 000 |
n Øy Cha irma vin B røym er |
In fa r all bsta abcd ab a nd 1 item cept item 6, a in 8 , 10 2 a vou s ex |
| AMU NDI MUL TI-G ERA NTS PEA PME -POC HE M ONT ANA RO |
97 0 00 |
n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
| AMU NDI MUL Tl·G ERA NTS PEA PME -POC HE B EREN BER G |
23 5 88 |
n Øy Cha irma vin B røym er |
In fa r all item item 6, a bsta in 8 abcd , 10 ab a nd 1 2 a cept vou s ex |
SEBNANOCAP Chairman Øyvin BrøymerSEBEUROPAFOND SMABOLAG Chairman Øyvin BrøymerKAPITALFORENINGENSEBINVEST II, AFD 3 EUROPA SMALL CAP AKL Chairman Øyvin BrøymerFIDELITYINVESTMENT TRUST: FIDELITY TOTAL INTERNATIONAL EQUITY FUND Chairman Øyvin BrøymerINVESCO INTERNATIONAL SMALL-MIO COMPANY FUND Chairman Øyvin BrøymerMULTl-STYLE, MULTl-MANAGER FUNDS PLC Chairman Øyvin BrøymerMARYLAND STATE RETIREMENT+ PENSION SYSTEM Chairman Øyvin BrøymerINVESCO INTERNATIONAL SMALL-MID CAPTRUST Chairman Øyvin BrøymerVALIC COMPANY I - INTERNATIONAL OPPORTUNITTES FUND Chairman Øyvin BrøymerBRIGHTHOUSE FUNDS TRUST11- BRIGHTHOUSE/OIMENSIONALINTERNATIONAL SMALLCOMPANY PORTFOLIOMONTANA BOARD OFINVESTMENTS Chairman Øyvin BrøymerRUSSELL INVESTMENTS GLOBAL SMALLER COMPANIES POOL Chairman Øyvin BrøymerTM BRUNEL PENSION PARTNERSHIP ACS-TM BRUNEL SMALLER COMPANIES EQUITIESFUND Chairman Øyvin BrøymerRUSSELL INVESTMENT COMPANY PLC Chairman Øyvin BrøymerLonvla Avenir SmallCaoEurooe Chairman Øyvin BrøymerTREMPLIN PMEM Chairman Øyvin BrøymerSANOFI ACTIONS EUROPE PMEEll Chairman Øyvin BrøymerSEBINVEST EUROPA SMALL CAP AKL Chairman Øyvin BrøymerSEBEUROPEAN EQUITY SMALL CAPS Chairman Øyvin BrøymerSEBSICAV2-SEBNORDIC SMALL CAP FUND Chairman Øyvin BrøymerUTHA STATE RETIREMENT SYSTEMS Chairman Øyvin BrøymerTIN NY TEKNIK Chairman Øyvin BrøymerSPDR PORTFOLIO EUROPE EFT Chairman Øyvin BrøymerMANDARINE FUNDS - MANDARINE EUROPE MICROCAP Chairman Øyvin BrøymerSWEDBANK ROBUR SMÅBOLAGSFOND NORDEN Chairman Øyvin BrøymerSWEDBANK ROBUR HEALTHCARE Chairman Øyvin BrøymerVERDIPAPIRFONDET HOLBERG NORGE Chairman Øyvin BrøymerODIN SMALL CAP Chairman Øyvin BrøymerVERDIPAPIRFOND ODIN NORDEN Chairman Øyvin BrøymerVERDIPAPIRFONDET DNB SMB Chairman Øyvin BrøymerINTERNATIONAL CORE EQUITY PORTFOLIO OF DFA INVESTMENT DIMENSIONS GROUP Chairman Øyvin BrøymerJOHN HANCOCK VARIABLE INSURANCE TRUST INTERNATIONAL SMALL COMPANY TRUST Chairman Øyvin BrøymerDIMENSIONAL FUNDS - DFA INTERNATIONAL VECTOR EQUITY FUND 745 THURLOW STREET SUITE 2110 Chairman Øyvin BrøymerDFA International Core Equity Fund 745 Thurlow Street Chairman Øyvin BrøymerMANDATUM SICAV-UCITS - MANDATUM NORDICACTIVE OWNERSHIP EQUIT 53 BOULEVARD ROYAL Chairman Øyvin BrøymerJOHN HANCOCK FUNDS II INTERNATIONAL SMALL COMPANY FUND Chairman Øyvin BrøymerDANSKE BANK AS Chairman Øyvin Brøymer
In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 ab In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, abstain 8 abcd, 10 ab and 12 a b In favour all items except abstain 8 abcd, 10 ab and 12 a b In favour all items except abstain 8 abcd, 10 ab and 12 a b In favour all items except abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6 and 7, abstain 8 abcd, 10 ab and 12 a b In favour all items except item 6, 11 and 13, abstain 8 abcd, 10 ab and 12 a In favour all items except item 6, 11 and 13, abstain 8 abcd, 10 ab and 12 a In favour all items In favour all items In favour all items In favour all items 6 6 6 6 In favour all items 6 In favour all items except item 180 3376
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