The shareholders of Powercell Sweden AB (publ), company registration no. 556759-8353 (“PowerCell” or the “Company”), are hereby given notice to attend the Annual General Meeting to be held on 22 April 2021.
Postal voting replaces physical Annual General Meeting due to the covid-19 pandemic
Weblink to the postal voting form https://postrosta.web.verified.eu/?source=powercell
Due to the continued spread of the virus that causes covid-19, the Board of Directors has resolved that the Annual General Meeting will be held solely by postal vote in accordance with the Act (2020:198) on Temporary Exemptions to Facilitate the Execution of General Meetings and Association Meetings in order to secure shareholder safety. This means that the Annual General Meeting will be held without the attendance of shareholders, proxies and outsiders, i.e. no Annual General Meeting will be held with the possibility of physical participation. Participation in the Annual General Meeting will instead take place via a digital postal voting form; see more below under the heading Advance voting.
PowerCell encourages all shareholders to exercise their voting right at the Annual General meeting by advance voting (postal voting) in accordance with the procedure set out below. Information regarding the resolutions adopted at the Annual General Meeting will be published after final compilation of the vote.
In the postal voting form, the shareholders may request that resolution in one or more of the matters on the agenda be postponed to a continued General Meeting. Such General Meeting may not purely be an advance voting General Meeting and shall take place if the Annual General Meeting resolves thereof or if the owners of at least one tenth of all the shares in the Company so request.
Matters that should not be postponed to continued General Meeting
Formal matters such as approval of the balance sheet, and income statement, appropriation of earnings and the Board of Directors’ discharge from liability (items 8 a-c on the agenda below) should be resolved upon by the postal vote that is now being carried out. For these matters, there are certain time limits that must be followed and the Company risks penalties if these are not complied with.
Notice of intention to participate
Any shareholder wishing to participate at the Annual General Meeting must:
be entered in the share register maintained by Euroclear Sweden AB as per Wednesday, 14 April 2021 or, if the shares are registered with a nominee, request that the nominee register the voting rights no later than Friday, 16 April 2021, and
have registered by casting their postal vote in accordance with the instructions under the heading ”Advance voting” in the notice to attend (to be found below) so that the postal vote is received by poströsta.se no later than Wednesday, 21 April Please note that registration for the Annual General Meeting can only be made by postal vote.