Hoist Finance

AGM Information • Apr 13, 2021

PRESS RELEASE Stockholm April 13, 2021

Bulletin from Hoist Finance AB (publ)'s Annual General Meeting 13 April 2021

Hoist Finance's Annual General Meeting (the "Meeting") was held on Tuesday 13 April 2021. Due to the Covid-19 pandemic, the Annual General Meeting was held without the physical presence of shareholders, representatives and third parties. The shareholders were able to exercise their voting rights only by voting in advance via postal voting. A webcast with the CEO Klaus-Anders Nysteen's reflections on 2020 was published ahead of the Meeting on the company's website.

Approval of the Income Statement and the Balance Sheet

The Meeting approved the income statement and the balance sheet for the parent company, as well as the consolidated income statement and the consolidated balance sheet for the financial year 2020.

Disposition of Earnings

The Meeting resolved, in accordance with the Board of Directors' proposal, that the unappropriated earnings at the disposal of the Annual General Meeting shall be carried forward, meaning that no dividend is paid.

Remuneration report

The Annual General Meeting approved the Board of Directors' proposed remuneration report.

Board of Directors

The Meeting discharged the members of the Board of Directors and the CEO from liability for the financial year 2020.

Current members of the Board of Directors Malin Eriksson, Henrik Käll and Lars Wollung were re-elected. Fredrik Backman, Mattias Carlsson, Per Anders Fasth, Niklas Johansson, Helena Svancar and Peter Zonabend were elected as new members of the Board of Directors. The Meeting elected Mattias Carlsson as Chairman of the Board of Directors. The former Board members Ingrid Bonde (chairman), Cecilia Daun Wennborg, Liselotte Hjorth and Robert Kraal resigned at the Meeting.

Auditor

The Meeting re-elected, in accordance with the Nomination Committee's proposal, EY as auditor until the end of the Annual General Meeting 2022. EY has informed that the authorised public accountant Daniel Eriksson remains as the auditor in charge.

Compensation to the Board of Directors

The remuneration to the Board of Directors was set as follows, in accordance with the Nomination Committee's proposal; SEK 1,475,000 to the Chairman of the Board of Directors, SEK 490,000 to each of the other members of the Board of Directors, SEK 200,000 to the Chairman of the Risk and Audit Committee, SEK 125,000 to each of the other members of the Risk and Audit Committee, SEK 175,000 to the Chairman of the Investment Committee, SEK 100,000 to each of the other members of the Investment Committee, SEK 50,000 to the Chairman of the Remuneration Committee and SEK 50,000 to each of the other members of the Remuneration Committee.

Compensation to the auditor

The Meeting approved, in accordance with the Nomination Committee's proposal, that the auditor shall be entitled to a fee in accordance with approved invoices.

Guidelines for remuneration to senior executives

The Meeting approved the Board of Directors' proposal regarding guidelines for remuneration to senior executives.