Proposal of the Election Committee regarding members of the Board etc. for Vitrolife AB (publ)

2014-03-31 - 11:00

The Election Committee of Vitrolife, which was appointed in accordance with the resolution of the Annual General Meeting on April 29, 2013, consists of:

Patrik Tigerschiöld, representing Bure Equity AB
Thomas Olausson
Martin Lewin, representing Eccenovo AB
Carsten Browall, Chairman of the Board

The Election Committee proposes the following to the Annual General Meeting of Vitrolife that will take place on Monday May 5, 2014:

  • that the Chairman of the meeting shall be Carsten Browall, Chairman of the Board of Vitrolife.

  • that the members of the Board shall be six in number (unchanged).

  • that the Board remuneration shall be SEK 1,100,000, of which SEK 330,000 to the Chairman of the Board, SEK 150,000 to each of the other members of the Board and SEK 30,000 to the Chairman of the Audit Committee. The proposal equals an increase of SEK 210.000 of the total amount compared to the previous year.

  • re-election of the Board members Fredrik Mattsson, Maris Hartmanis, Tord Lendau, Barbro Fridén, Carsten Browall and Pia Marions.

  • re-election of Carsten Browall as Chairman of the Board.

  • election of Deloitte AB, with authorized public accountants Jan Nilsson (head auditor) and Fredrik Jonsson, as auditor for a term of 3 years.

  • that a new Election Committee be set up for the Annual General Meeting of 2015. It is proposed that the Election Committee is appointed in the same way as previously, whereby the Chairman of the Board contacts the three largest registered shareholders or otherwise known owners at the end of the third quarter of 2014 and asks them to appoint one member each. The three members who are appointed and the Chairman of the Board constitute the Election Committee. The Election Committee appoints a Chairman internally.

Queries should be addressed to:

Patrik Tigerschiöld, Chairman of the Election Committee, phone 46 8 614 00 20
Carsten Browall, Chairman of the Board, phone 46 70 255 65 32

Vitrolife is required to publish the information in this press release in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on March 31, 2014 at 11.00 a.m.

This is a translation of the Swedish version of the press release. When in doubt, the Swedish wording prevails.