Karolinska Development’s Annual General Meeting 2025

Core Viewpoint - Karolinska Development AB held its Annual General Meeting on May 15, 2025, where several key resolutions were passed regarding financial statements, board composition, remuneration, and authorizations for share transactions and new issues of shares [1][2][3][4][5][9][10]. Financial Resolutions - The profit and loss statement and balance sheet for the financial year 2024 were adopted, with a total of SEK 1,235,972,877 to be carried forward [1][2]. - The Board of Directors' remuneration report for 2024 was approved in accordance with Swedish regulations [8]. Board Composition and Remuneration - The number of directors was set to five without deputies, and one auditor was appointed without a deputy [3]. - The chairman will receive a fixed remuneration of SEK 400,000, while other directors will receive SEK 200,000, both paid in proportion to board meetings attended [4]. - Ben Toogood was re-elected as Chairman of the Board, and four other directors were re-elected, with Anders Härfstrand newly elected [5]. Nomination Committee - A Nomination Committee consisting of five members was established, appointed by the five largest shareholders based on voting power [6][7]. - The committee is responsible for proposing candidates for the Board of Directors and auditor, as well as evaluating its own instructions annually [7]. Shareholder Authorizations - The Board of Directors was authorized to transfer all shares of series B held by the Company, with transfers to occur on Nasdaq Stockholm or otherwise, at market terms [9]. - The Board was also authorized to issue new shares of series B up to 20% of the total share capital, with conditions to ensure compliance with the Company's maximum allowed share capital [10].