Revenio Group - AGM 17 March 2021
We note that as a result of the Covid-19 pandemic the AGM will be held as an electronic meeting only. Consequently, it will not be possible to attend the AGM in person.
Under ITEM 10 approval of the Company's first remuneration report is sought. We welcome the level of disclosure and have no (major) concern over the Company’s executive compensation in the year under review. Accordingly, we recommend to vote FOR.
Under ITEM 13 the (re-)election of the board of directors is proposed. Although there is sufficient independent representation on the board, we have some concerns over the level of female representation on the board. In this respect, we note that there is only one woman serving on the board, which is below our threshold regarding gender diversity. In addition, we have concerns over the aggregate time commitments of Mr.Boye Nielsen. In view of the above concerns, we recommend to vote OPPOSE.
There are no further peculiarities.
Revenio Group' main business is the design, manufacture and sales of medical instruments used for measuring intraocular pressure and bone density. Co. has additional business operations: software for indoor logistics automation systems, the manufacture of Rigid Inflatable Boats and the provision of Contact Center services. Co.'s operations are divided into two reported business segments. Revenio Health Tech - Design, manufacture and sales of tonometers; design, manufacture and sales of bone density measurement device. Revenio Technology and Services - Contact center services; deliveries of software for material handling systems; design, manufacture and sales of Rigid Inflatable Boats).
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