Annual general meeting
RNB RETAIL AND BRANDS highest decision body is the Annual General Meeting. The Meeting elects the company’s Board of Directors and auditors and decides on the fees to the Board, among other issues. The duties of the Annual General Meeting include approval of the company’s balance sheets and income statements, decision on the appropriation of earnings from operations and discharge of the Board members and the President from liability.
All shareholders are entitled to participate in the Meeting and each shares gives the shareholder to right to one vote. The Notification of Annual General Meetings and Extraordinary Meetings, where issues regarding amendment of the Articles of Association will be addressed, must be issued not earlier than sex and not later than four weeks prior to the Meeting. The Notification to other Extraordinary Meetings must be issued not earlier than six and not later than three weeks prior to the Meeting.
Notification of the Annual General Meeting must occur by means of an advertisement in Post- och Inrikes Tidning (Swedish Official Gazette) and a notice on the company´s website. At the time of the Notification, information that the Notification has been duly made is to be advertised in Svenska Dagbladet.
Information about nearest annual general meeting