Annual General Meeting

2004-03-29 Press release

Annual General Meeting
Finnveden AB (publ)
Shareholders in Finnveden AB (publ) are hereby invited to attend the Annual General Meeting, to be held on April 28, 2004, at 4:00 p.m., in the Kårhuset (Student Union Building), Chalmers University of Technology, Teknologgården 2, Göteborg, Sweden.

2004-03-29
Notification, etc.
To exercise the right to participate in the Meeting, shareholders
must be recorded in the Securities Register maintained by VPC AB (Swedish Securities Register Center) not later than Sunday, April 18, 2004. As a result of this date being a weekend, registration must be recorded not later than Friday, April 16, 2004, and 
notify the Company not later than 12:00 noon, April 22, 2004. Notification may be made by post to Finnveden AB, Box 9148, SE-400 93 Göteborg, Sweden, or by telephone, +46-31 734 59 00, or by telefax +46-31 734 59 09, or e-mail: info@finnveden.se. 
Notifications shall include the shareholder?s name, personal identification number (corporate registration number), address, telephone number and registered shareholding. If participation is to be based on a proxy, the proxy document should be forwarded prior to the Meeting. If the proxy covers a legal entity, it must be accompanied by a verified copy of the registration certificate.
To be eligible to participate in the Meeting, shareholders whose shares have been registered in the name of a trustee must have the shares re-registered in their own names. Due to this date being a weekend, such re-registration must be recorded not later than Friday, April 16, 2004. Accordingly, the trustee should be advised in sufficient time prior to this date.
BUSINESS OF THE MEETING
Proposed agenda for the Meeting
Opening of the Meeting. 
Election of the Chairperson of the Meeting. 
Appointment of secretary to record the minutes. 
Preparation and approval of the list of shareholders eligible to vote at the Meeting. 
Election of one or two minutes-checkers. 
Approval of the agenda. 
Determination of whether the Meeting has been duly convened. 
President?s comments. 
Presentation of the annual accounts and auditors? report for the Parent Company and the Group and in conjunction reports regarding the work and function of the remuneration and audit committees appointed by the Board of Directors. 
Motions concerning 
a. the adoption of the Parent Company income statement and balance sheet and the consolidated income statement and balance sheet 
b. the disposition to be made of the Company?s profits in accordance with the adopted balance sheet 
c. the record date of the dividend, in case that the AGM decides on a dividend 
d. the discharge from liability of the Board of Directors and the President for fiscal year 2003. 
Determination of the number of Board members and deputy members. 
Determination of fees to be paid to members of the Board of Directors and the auditors. 
Election of Board members and deputy members. 
Election of auditors and deputy auditors, alternatively auditing firm 
Decisions on election of Nominating Committee. 
Closing of the Meeting. 
Proposal under item 10 b
The Board of Directors proposes that no dividend be paid for the 2003 fiscal year.
Proposals under items 11 - 14
The 2003 Annual General Meeting elected a Nominating Committee comprising Gunnar Ek (representing the Swedish Shareholders? Association), Mats Guldbrand (representing AMF Pension) and Hans Johansson present the following proposals:
Board of Directors and fees
that for the period until the close of the next Annual General Meeting, the Board shall consist of seven members and no deputies, which is an unchanged composition; 
that fees paid to the Board of Directors for the period until the close of the next Annual General Meeting shall amount to SEK 1,180,000, to be distributed in the manner decided by the Board to Board members who are not employees of the Group; 
that Tommy Boork, Ulla-Britt Fräjdin-Hellqvist, Anders Holmberg, Hans Johansson and Kersti Thorn be re-elected to the Board of Directors and that Staffan Håkanson (Chairman) (Chairman of Profilgruppen and former President of Bombardier Transportation in Sweden) and Jan-Crister Persson (former Vice President, Engine Division, Volvo Components Corporation and Vice President, Product Development Cars for Volvo Car Corporation) be newly elected to the Board. Kurt Jofs and Gunnar Larsson have declined re-election. 
Auditors and fees
? that a registered auditing firm be selected as auditor;
? that the election is proposed of the registered auditing firm of Öhrlings PricewaterhouseCoopers AB, with Authorized Public Accountant Bror Frid as senior auditor, and
? that the auditor shall be elected for a mandate period of four years and shall be paid as invoiced.
Shareholders representing a total of approximately 31 percent of the voting rights for all shares in the Company have informed Finnveden that they will vote in favor of the Nominating Committee?s proposals.
Proposal under item 15
Shareholders representing a total of approximately 31 percent of the voting rights for all shares in the Company have proposed re-election of Gunnar Ek and Mats Guldbrand and the new election of Johan Alm (representing Robur) and Staffan Håkanson as members of the Nominating Committee.
Documentation
Accounting documentation and the audit report will be made available to Finnveden shareholders at the company and on its website www.finnveden.com as of April 14, 2004.
Copies of the documentation will be issued to shareholders upon request and will also be available at the Annual General Meeting.
Göteborg, Sweden, March 2004
FINNVEDEN AB (publ)
Board of Directors

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