DORO

AGM Information • Apr 24, 2020

Correction: Press release from Doro AB's (publ) Annual General Meeting 2020

The press release from Doro AB's (publ) Annual Generla Meeting 2020 was published according to EU Market Abuse but is only regulatory in accordance with Regulation Securities Markets Act

Press release from Doro AB's (publ) Annual General Meeting 2020

Press release

Malmö, April 24, 2020

Doro AB´s (publ) Annual General Meeting for 2020 was held Friday, April 24, 2020, at 14:00 CET at Hotel Story in Malmö. The following was resolved:

• to adopt the income statement and the balance sheet, and the consolidated income statement and the consolidated balance sheet for 2019;
• that no dividend should be distributed in accordance with the proposal from the board of directors;
• to grant discharge from liability for the members of the board of directors and the Managing Director for 2019;
• that the board of directors shall consists of six (6) members with no deputies;
• that remuneration to the board, until the time of the end of the next annual general meeting, will be SEK 600,000 for the chairman, SEK 350,000 for the vice chairman and SEK 250,000 for other members not employed by the company; Compensation for committee work is proposed as follows: Audit committee chairman 80 000 kronor, audit committee member 40 000 kronor, remuneration committee chairman 60 000 kronor, remuneration committee member 30 000 kronor;
• to re-elect Lennart Jacobssen, Henri Österlund, Josephine Salenstedt and Towa Jexmark members of the board until the time of the end of the next annual general meeting and to elect Cecilia Ardström and Juha Mört as new members of the board until the time of the end of the next annual general meeting. Lennart Jacobsen was elected as chairman of the board;
• that fees to the auditors, for the period until the end of the next annual general meeting, shall be paid in accordance with invoicing approved by the company;
• to re-elect the auditing firm PricewaterhouseCoopers AB as auditors until the time of the end of the next annual general meeting. As the main responsible auditor Magnus Willfors, an authorised public accountant, will continue as the lead auditor;
• to adopt the nomination committee's proposal of principles for formation of nomination committee;
• to approve the board's proposal regarding authorisation to issue new shares;
• to approve the board's proposal regarding authorisation to resolve on a) acquisition of the company's own shares b) sale of the company's own shares;
• to approve the board's proposal regarding remuneration guidelines for the group management;

Complete motions pertaining to the annual general meeting's resolutions above are available on Doro's website, and also the CEO speech will be available there, https://corporate.doro.com/

PRESS RELEASE MALMÖ APRIL 24, 2020

For more information, please contact:

Carl-Johan Zetterberg Boudrie, president and CEO, +46 (0) 70 335 84 49 ir@doro.com

About Doro

Doro is a technology company focused on seniors. We develop services and products for seniors to live independent, fulfilling lives. Our wide portfolio of security and care solutions digitally connect generations and provide solutions for independent living, both inside and outside the home. Doro is the market leader in social alarms in Sweden, Norway and the United Kingdom and the global market leader in mobile phones for seniors. Doro is a Swedish company with headquarters in Malmö and a sales operation in 27 countries. Doro's shares are quoted on the Nasdaq Stockholm exchange. The company has app. 1 000 co-workers and net sales of SEK 2,063 million (EUR 195.4 million) were reported for 2019. www.doro.com/corporate

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Press release from Doro AB's (publ) Annual General Meeting 2020