Business
Correction: Bulletin from Sivers Semiconductors AB (publ)'s Annual General Meeting on 28 May 2025
The correction pertains to the resolution regarding the Board remuneration. In all other respects, the press release remains unchanged. The correct version of the press release is published in its entirety below:
About this update from Sivers Semiconductors Ab
[{"type":"text","content":"NEW YORK, May 30, 2025 /PRNewswire/ -- The correction pertains to the resolution regarding the Board remuneration. In all other respects, the press release remains unchanged. The correct version of the press release is published in its entirety below:","length":251,"tagName":"p"},{"type":"text","content":"The Annual General Meeting in Sivers Semiconductors AB (publ) (the "Company") has been held on 28 May 2025 and in particular the following decisions were resolved.","length":173,"tagName":"p"},{"type":"text","content":"Adoption of the annual report and the auditor's report ","length":58,"tagName":"p"},{"type":"text","content":"The Annual General Meeting resolved to approve the profit and loss statement and the balance sheet regarding the parent Company and the Group, appropriation of the profit in accordance with the Board of Directors proposal and not to distribute any dividends for the financial year 2024, as well as to discharge the CEO and Board members from liability.","length":352,"tagName":"p"},{"type":"text","content":"Election of Board members ","length":25,"tagName":"p"},{"type":"text","content":"As members of the Board of Directors it was resolved to re-elect Bami Bastani, Tomas Duffy, Erik Fällström, Karin Raj, Todd Thomson and Keith Halsey. Bami Bastani was re-elected as the Chairman of the Board of Directors and Tomas Duffy was re-elected as the Vice Chairman of the Board of Directors. It was resolved that remuneration to the members of the Board of Directors be paid as follows: SEK 1,050,000 to the Chairman of the Board of Directors, SEK 600,000 to the Vice Chairman of the Board of Directors, and SEK 350,000 to each of the other members of the Board of Directors elected by the Annual General Meeting. Remuneration shall amount to SEK 100,000 per year to the Chairman of the Audit Committee and SEK 50,000 per year to each of the other members of the Audit Committee, SEK 60,000 per year to the Chairman of the Investment Committee and SEK 30,000 per year to each of the other members of the Investment Committee, and SEK 50,000 per year to the Chairman of the Remuneration Committee and SEK 25,000 per year to each of the other members of the Remuneration Committee. Furthermore, it was resolved that the Company shall ensure that the Chairman of the Board of Directors is covered by US health insuran...