Resolutions at the Annual General Meeting in HMS Networks
HMS Networks AB (publ) held its Annual General Meeting on April 25, 2025. The Meeting resolved in favour of all matters in accordance with the proposals of the Board of Directors and the Nomination Committee. The main contents of the most important resolutions are described below.
ALLOCATION OF EARNINGS
The Annual General Meeting resolved in accordance with the Board’s proposal that no dividend shall be paid to the shareholders for the 2024 financial year, and that the profit for 2024 plus the retained earnings carried forward from the previous years shall be carried forward.
ADOPTION OF THE INCOME STATEMENT AND BALANCE SHEET AND DISCHARGE FROM LIABILITY
The Annual General Meeting resolved to adopt the income statement and balance sheet for HMS Networks AB and the group as presented by the Board. The Board and the CEO were discharged from liability for the 2024 financial year.
ELECTION OF BOARD MEMBERS AND AUDITORS AND DETERMINATION OF FEES
The Annual General Meeting resolved in accordance with the Nominating Committee's proposals, namely:
- that six (6) Board members should be elected without any deputies,
- that one (1) registered public accounting firm should be elected as auditor,
- that Charlotte Brogren, Anders Mörck, Cecilia Wachtmeister, Niklas Edling, Anna Kleine and Johan Stakeberg should be re-elected as Board members,
- that Charlotte Brogren should be re-elected as Chairman of the Board,
- that Öhrlings PricewaterhouseCoopers AB, with Johan Palmgren as auditor in charge, should be re-elected as auditor,
- that the fees to the Board members should amount to a total of SEK 2,575,000, of which SEK 875,000 should be paid to the Chairman of the Board and SEK 340,000 to each other Board member, and that fee for work in the Audit Committee should amount to SEK 170,000 to the Chairman and SEK 88,000 to each other member in the Audit Committee, and that no fees should be paid for work in other committees.
BOARD'S REMUNERATION REPORT
The Annual General Meeting approved the Board's remuneration report.
GUIDELINES FOR REMUNERATION TO SENIOR EXECUTIVES
The Annual General Meeting resolved, in accordance with the Board’s proposal, on guidelines for remuneration to senior executives. In relation to the current guidelines, resolved by the Annual General Meeting 2024, the proposal for the Annual General Meeting 2025 entails that clarification has been made regarding pensions on variable remuneration for Swedish senior executives, and regarding additional variable cash remuneration.
AUTHORISATION OF THE BOARD TO RESOLVE ON NEW SHARE ISSUES
The Annual General Meeting resolved, in accordance with the Board's proposal, to authorise the Board to resolve on new share issues of such number of shares that corresponds to a maximum of 10 per cent of the company’s share capital to enable the company to finance or carry out, in whole or in part, acquisitions of companies.
IMPLEMENTATION OF SHARE SAVING PLAN 2026-2029 AND HEDGING ACTIVITIES TO ENABLE DELIVERY OF SHARES WITHIN THE PROGRAM
The Annual General Meeting resolved, in accordance with the Board's proposal, to implement a performance-based share saving plan, Share Saving Plan 2026-2029. The program is addressed to all employees and comprise a maximum of 60,000 shares. In order to enable the company’s delivery of shares to the participants in the program, the Annual General Meeting further resolved, in accordance with the Board’s proposal, to authorise the Board to repurchase a maximum of 60,000 of the company’s own shares and to transfer the repurchased shares to the participants in the program.
For more information, please contact:
Staffan Dahlström, CEO HMS, +46 (0)35 17 29 01
Joakim Nideborn, CFO HMS, +46 (0)35 710 6983
HMS Networks AB (publ) is a market-leading provider of solutions in Industrial Information and Communication Technology (Industrial ICT) and employs over 1,100 people. Local sales and support are handled through over 20 sales offices all over the world, as well as through a wide network of distributors and partners. HMS reported sales of SEK 3,059 million in 2024 and is listed on the NASDAQ OMX in Stockholm in the Large Cap segment and Telecommunications sector.
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