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Arribatec Group ASA AGM Information 2018

Feb 13, 2018

3541_rns_2018-02-13_cec32a04-53c4-4007-9c33-470af6b73bfb.pdf

AGM Information

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OFFICE TRANSLATION

PROTOKOLL FRA EKSTRAORDINÆR GENERALFORSAMLING HIDDN SOLUTIONS ASA

Den 13. februar 2018 kl. 08.00 ble det avholdt ekstraordinær generalforsamling i Hiddn Solutions ASA, org nr. 979 867 654 ("Selskapet"), i Selskapets lokaler i Nedre Vollgate 4, Oslo

Generalforsamlingen ble åpnet av styrets leder, Øystein Tvenge, som opptok fortegnelse over møtende aksjonærer. Totalt 21 585 084 av 74 599 418 aksjer var representert, hvorav 16 089 493 møtte personlig og 5 495 591 møtte ved fullmakt, hvilket utgjør ca. 28,93 % av utestående aksjer i Selskapet.

Følgende saker ble behandlet:

VALG AV MØTELEDER $\mathbf{1}$

Øystein Tvenge ble enstemmig valgt som møteleder for generalforsamlingen.

GODKJENNELSE AV INNKALLING OG DAGSORDEN $\overline{2}$

Det var ingen innsigelser til innkalling eller dagsorden for generalforsamlingen, og disse ble således enstemmig godkjent.

VALG AV ÉN PERSON TIL Å MEDUNDERTEGNE $\mathbf{\overline{z}}$ PROTOKOLLEN

Siw Ødegaard ble enstemmig valgt til å medundertegne protokollen sammen med møteleder.

STYREFULLMAKT - KAPITALFORHØYELSE

I samsvar med styrets forslag, fattet generalforsamlingen følgende vedtak:

    1. I henhold til allmennaksjeloven § 10-14 gis styret fullmakt til aksjekapital med inntil forhøye Selskapets NOK 7 609 140,50 ved utstedelse av inntil 22 379 825 nye aksjer, hver pålydende NOK 0,34.
  • Aksjeeiernes fortrinnsrett til de nye aksjene etter $\overline{2}$ . allmennaksjeloven § 10-4 kan fravikes.
  • omfatter både kapitalforhøyelse(r) mot 3 Fullmakten kontantinnskudd og innskudd i andre eiendeler enn penger

MINUTES FROM EXTRAORDINARY GENERAL MEETING HIDDN SOLUTIONS ASA

On 13 February 2018 at 08:00 (CET), an extraordinary general meeting in Hiddn Solutions ASA, reg. no 979 867 654 (the "Company"), was held at the Company's offices in Nedre Vollgate 4, Oslo.

The general meeting was opened by the chairman of the Board of Directors, who registered attending shareholders. A total of 21,585,084 of 74,599,418 shares were represented, whereby 16.089.493 in person and 5.495,591 by proxy, which constitutes approx. 28,93 % of the outstanding shares in the Company.

The following matters were on the agenda:

ELECTION OF A PERSON TO CHAIR THE MEETING $\mathbf{1}$

Øystein Tvenge was unanimously elected as chairperson for the general meeting.

APPROVAL OF THE NOTICE AND THE AGENDA

There were no objections to the notice or agenda, and, thus, these were unanimously approved.

ELECTION OF A PERSON TO CO-SIGN THE MINUTES 3

Siw Ødegaard was unanimously elected to co-sign the minutes together with the chairperson.

BOARD AUTHORIZATION - CAPITAL INCREASE $\Delta$

In accordance with the proposal from the board of directors, the general meeting made the following resolution:

  • Pursuant to section 10-14 of the Norwegian Public Limited $\mathcal{I}$ . Companies Act, the board of directors is authorized to increase the Company's share capital by up to NOK 7,609,140.50 by issuance of up to 22,379,825 new shares, each with a nominal value of NOK 0.34.
  • The shareholders' preferential right to the new shares 2. pursuant to Section 10-4 of the Norwegian Public Limited Companies Act may be deviated from.
  • The authorisation includes share capital increase(s) against 3. both cash payments and non-cash payment, cf. Section 10-

mv etter allmennaksjeloven § 10-2.

  • Fullmakten omfatter kapitalforhøyelse ved fusjon etter 4. $\overline{4}$ allmennaksjeloven § 13-5.
  • $\sqrt{2}$ Styret gis fullmakt til å fastsette hensiktsmessig struktur og 5. nærmere vilkår for kapitalforhøyelsen(e).
  • Fullmakten gitt av Selskapets ordinære generalforsamling 6. den 22. juni 2017 til å forhøye Selskapets aksjekapital på inntil NOK 6 844 141,52 tilbakekalles.
    1. Fullmakten gjelder frem $til1$ ordinære neste generalforsamling, senest 30. juni 2018.

Vedtaket ble fattet med nødvendig antall stemmer jf. vedlegg 1 til protokollen.

VEDTEKTSENDRING - VALGKOMITÉ 5.

I samsvar med styrets forslag, fattet generalforsamlingen følgende vedtak:

"§ 6 i Selskapets vedtekter endres til å lyde som følger:

§6 Valgkomité

Selskapets valgkomité består av 2-5 medlemmer etter generalforsamlingens nærmere beslutning."

Vedtaket ble fattet med nødvendig antall stemmer jf. vedlegg 1 til protokollen.

VALG AV MEDLEMMER TIL VALGKOMITEEN 6.

samsvar med forslaget fra valgkomiteen, vedtok generalforsamlingen at valgkomiteen i Selskapet skal bestå av følgende medlemmer:

  • Øystein Tvenge, leder
  • Line Bakkevig
  • Henning Astrup

Vedtaket ble fattet med nødvendig antall stemmer jf. vedlegg 1 til protokollen.

STYREVALG $\overline{7}$

Ł samsvar med forslaget fra valgkomiteen, vedtok generalforsamlingen at Siv Ødegaard velges som nytt

2 of the Norwegian Public Limited Companies Act.

  • The authorisation includes share capital increases in connection with mergers pursuant to Section 13-5 of the Norwegian Public Limited Companies Act.
  • The board is authorized to determine the most practical structure and further conditions for the share capital increase(s).
    1. The authorization granted by the Company's annual general meeting on 22 June 2017 to increase the Company's share capital of up to NOK 6,844,141.52 is revoked.
  • $\overline{7}$ . The authorization is valid until the next annual general meeting, 30 June 2018 at the latest.

The resolution was made with the required amount of votes cf. appendix 1 to the minutes.

AMENDMENT OF ARTICLES OF ASSOCIATION -5. NOMINATION COMMITTEE

In accordance with the proposal from the board of directors, the general meeting made the following resolution:

"§ 6 of the Company's articles of association is amended to read as follows:

§6 Nomination committee The company's nomination committee consists of 2-5 members elected by the general meeting".

The resolution was made with the required amount of votes cf. appendix 1 to the minutes.

ELECTION OF MEMBERS TO THE NOMINATION 6. COMMITTEE

In accordance with the proposal from the nomination committee, the general meeting resolved the following composition of the Company's nomination committee:

  • Øystein Tvenge, chairman
  • Line Bakkevig
  • Henning Astrup

The resolution was made with the required amount of votes cf. appendix 1 to the minutes.

BOARD ELECTION 7.

In accordance with the proposal from the nomination committee, the general meeting resolved to elect Siv Ødeegaard as a new styremedlem i Selskapet. Styret vil etter dette ha følgende sammensetning:

  • Øystein Tvenge, styreleder
  • Jan Opsahl
  • Jeanette Dyhre Kvisvik
  • Svein Yngve Willassen
  • Siv Ødegaard

Vedtaket ble fattet med nødvendig antall stemmer jf. vedlegg 1 til protokollen.

STYREHONORAR 8.

$\mathbf{I}$ samsvar med forslaget fra valgkomiteen, vedtok generalforsamlingen at styrehonorar skal besluttes av den ordinære generalforsamlingen i inneværende år for perioden frem til den ordinære generalforsamlingen det påfølgende året, samt følgende godtgjørelse til styrets medlemmer for perioden fra ordinær generalforsamling i 2017 frem til ordinær generalforsamling i 2018:

  • Styreleder: NOK 500 000
  • Øvrige styremedlemmer: NOK 250 000

Godtgjørelsen til hvert enkelt styremedlem tilpasses deres respektive tjenesteperioder i perioden mellom ordinær generalforsamling i 2017 og 2018.

Vedtaket ble fattet med nødvendig antall stemmer jf. vedlegg 1 til protokollen.

$\overline{a}$

Oslo, 13. februar 2018 // 13 February 2018

Sign

Øystein Tvenge Møteleder // Chairperson member of the Company's board of directors. Following this, the Company will have the following composition:

  • Øystein Tvenge, chairman
  • Jan Opsahl
  • Jeanette Dyhre Kvisvik
  • Svein Yngve Willassen
  • Siv Ødegaard

The resolution was made with the required amount of votes cf. appendix 1 to the minutes.

BOARD REMUNERATION 8.

In accordance with the proposal from the nomination committee, the general meeting resolved that board remuneration is determined by the annual general meeting in the current year for the period until the annual general meeting the following year, as well as the following remuneration to the board of directors for the period from the annual general meeting in 2017 up until the annual general meeting in 2018:

  • Chairman: NOK 500 000
  • Other board members: NOK 250 000

The remuneration to each of the board members is adjusted for their respective service periods in the period between the ordinary general meeting in 2017 and 2018.

The resolution was made with the required amount of votes cf. appendix 1 to the minutes.

$+++$

Sign

Siw Ødegaard Valgt til å medundertegne // Elected to co-sign

Vedlegg // Appendix:

$\mathbf{1}$ . Oversikt over fremmøtte aksjonærer og stemmer // Register of shareholders and votes

Total Represented

ISIN: NO0003108102 HIDDN SOLUTIONS ASA General meeting date: 13/02/2018 08.00 13.02.2018 Today:

Number of persons with voting rights represented/attended: 5

Name Number of shares % sc
Ordinær Total shares 72,984,000
- own shares of the company $\Omega$
Ordinær Total shares with voting rights 72,984,000
Represented by own shares 14,472,822 19.83 %
Represented by advance vote 1,253 0.00%
Sum own shares 14,474,075 19.83 %
Represented by proxy 5,611 0.01%
Represented by voting instruction 5,489,980 7.52 %
Sum proxy shares 5,495,591 7.53 %
Total represented with voting rights 19,969,666 27.36 %
Total represented by share capital 19,969,666 27.36 %
B - aksje Total shares 1,615,418
- own shares of the company $\Omega$
B - aksie Total shares with voting rights 1,615,418
Represented by own shares 1,615,418 100.00 %
Sum own shares 1,615,418 100.00 %
Sum proxy shares O 0.00%
Total represented with voting rights 1,615,418 100.00 %
Total represented by share capital 1,615,418 100.00 %

Registrar for the company:

Signature company:

NORDEA BANK AB (PUBL), FILIAL NORGE HIDDN SOLUTIONS ASA

Protocol for general meeting HIDDN SOLUTIONS ASA

NO0003108102 HIDDN SOLUTIONS ASA ISIN: General meeting date: 13/02/2018 08.00 13.02.2018 Today:

Shares class FOR Against Abstain Poll in Poll not registered Represented shares
with voting rights
Agenda item 2 Approval of the notice and the agenda
Ordinær 19,969,666 $\mathbf 0$ 0 19,969,666 $\mathbf 0$ 19,969,666
votes cast in % 100.00 % 0.00% 0.00%
representation of sc in % 100.00 % 0.00% 0.00% 100.00 % 0.00%
total sc in % 27.36 % 0.00% 0.00% 27.36 % 0.00%
B - aksje 1,615,418 0 0 1,615,418 0 1,615,418
votes cast in % 100.00 % 0.00% 0.00%
representation of sc in % 100.00 % 0.00% 0.00% 100.00 % 0.00%
total sc in % 100.00 % 0.00% 0.00% 100.00 % 0.00%
Total 21,585,084 0 0 21,585,084 $\bf o$ 21,585,084
Agenda item 4 Board authorization. Share capital increase
Ordinær 19,925,640 44,026 0 19,969,666 0 19,969,666
votes cast in % 99.78 % 0.22% 0.00%
representation of sc in % 99.78% 0.22% 0.00% 100.00 % $0.00 \%$
total sc in % 27.30 % 0.06% $0.00 \%$ 27.36 % $0.00 \%$
B - aksje 1,615,418 0 0 1,615,418 0 1,615,418
votes cast in % 100.00 % 0.00% 0.00%
representation of sc in % 100.00 % 0.00% 0.00% 100.00 % 0.00%
total sc in % 100.00 % 0.00% 0.00% 100.00 % 0.00%
Total 21,541,058 44,026 0 21,585,084 0 21,585,084
Agenda item 5 Amendment of articles of association. Nomination committee
Ordinær 19,968,548 53 1,065 19,969,666 0 19,969,666
votes cast in % 99.99 % 0.00% 0.01%
representation of sc in % 99.99% 0.00% 0.01% 100.00 % 0.00%
total sc in % 27.36 % 0.00% $0.00 \%$ 27.36 % 0.00%
B - aksje 1,615,418 $\bf{0}$ 0 1,615,418 $\bf{0}$ 1,615,418
votes cast in % 100.00 % 0.00% 0.00%
representation of sc in % 100.00 % 0.00% 0.00% 100.00 % 0.00%
total sc in % 100.00 % 0.00% 0.00% 100.00 % 0.00%
Total 21,583,966 53 1,065 21,585,084 0 21,585,084
Agenda item 6 Election of members to the nomination committee
Ordinær 19,925,678 81 43,907 19,969,666 0 19,969,666
votes cast in % 99.78% 0.00% 0.22%
representation of sc in % 99.78 % 0.00% 0.22% 100.00 % 0.00%
total sc in % 27.30 % 0.00% 0.06% 27.36 % 0.00%
B - aksje 1,615,418 0 0 1,615,418 0 1,615,418
votes cast in % 100.00 % 0.00% 0.00%
representation of sc in % 100.00 % 0.00% 0.00% 100.00 % 0.00%
total sc in % 100.00 % 0.00% $0.00 \%$ 100.00 % $0.00 \%$
Total 21,541,096 81 43,907 21,585,084 0 21,585,084
Agenda item 7 Board election
Ordinær 19,925,744 15 43,907 19,969,666 0 19,969,666
votes cast in % 99.78 % 0.00% 0.22%
representation of sc in % 99.78% 0.00% 0.22% 100.00 % $0.00 \%$
0.06% 27.36 % 0.00%
total sc in % 27.30 % $0.00 \%$
B - aksje 1,615,418 0 0 1,615,418 0
votes cast in % 100.00 % 0.00% 0.00%
representation of sc in % 100.00 % 0.00% 0.00% 100.00 % 0.00%
total sc in % 100.00 % 0.00% 0.00% 100.00 % $0.00 \%$
Total 21,541,162 15 43,907 21,585,084 0
Agenda item 8 Board remuneration
Ordinær 19,969,585 81 0 19,969,666 0
votes cast in % 100.00 % $0.00 \%$ 0.00%
representation of sc in % 100.00 % 0.00% $0.00 \%$ 100.00 % 0.00% 1,615,418
21,585,084
19,969,666
Shares class FOR Against Abstain Poll in Poll not registered Represented shares
with voting rights
B - aksie 1,615,418 0 0 1,615,418 0 1,615,418
votes cast in % 100.00 % $0.00 \%$ 0.00%
representation of sc in % 100.00 % 0.00% 0.00% 100.00 % 0.00%
total sc in % $100.00 \%$ 0.00% 0.00% 100.00 % 0.00%
Total 21,585,003 81 $\bf{0}$ 21,585,084 o 21,585,084

Registrar for the company:

Signature company: HIDDN SOLUTIONS ASA

NORDEA-BANK AB (PUBL), FILIAL NORGE

Share information

Name Total number of shares Nominal value Share capital Voting rights
Ordinær 72,984,000 0.34 24,814,560.00 Yes
B - aksje 1,615,418 0.34 549,242.12 Yes
Sum:

§ 5-17 Generally majority requirement
requires majority of the given votes

§ 5-18 Amendment to resolution
Requires two-thirds majority of the given votes
like the issued share capital represented/attended on the general meeting