Summary from Annual General Meeting of Sdiptech AB (publ)

Press release
14 May 2018, 22:30

Summary from Annual General Meeting of Sdiptech AB (publ)

The shareholders of Sdiptech AB (publ) ("Sdiptech" or the "Company") gathered in Stockholm, Sweden, on Monday 14 May 2018 for the Annual General Meeting

The income statements and balance sheets for the Company and the group were approved and the Board of Directors and the Managing Director were discharged from liability for the financial year 2017.

In accordance with the proposal of the Board of Directors, the Meeting resolved on a dividend of SEK 8 per preference share to be paid quarterly with SEK 2 per preference share. Record dates for dividends on the preference shares are 15 June 2018, 14 September 2018, 14 December 2018 and 15 March 2019. The Meeting resolved that no dividends shall be paid on ordinary shares of series A or B and that the remaining accumulated results instead are carried forward on new account.

In accordance with the proposal by the Nomination Committee, the Meeting resolved to (i) re-elect Ashkan Pouya, Saeid Esmaeilzadeh, Johnny Alvarsson, Katarina Lundblad Pinnekamp and Jan Samuelson as members of the Board of Directors, (ii) elect Markus Sjöholm as new member of the Board of Directors, and (iii) elect Jan Samuelson as new Chairman of the Board of Directors.

In accordance with the proposal by the Nomination Committee, the Meeting resolved that total fees of SEK 1,200,000 are to be paid to the Board of Directors, of which SEK 200,000 shall be paid to each Board member. No fees are to be paid for any committee work.

In accordance with the proposal by the Nomination Committee, the registered accounting firm KPMG AB was re-elected as the auditor of the Company, with the authorised public accountant Duane Swanson as the auditor in charge. The auditors' fee shall be paid upon approval of their invoice.

The Meeting approved the Nomination Committee's proposal on the nomination procedure for the Nomination Committee for the Annual General Meeting 2019.

The Meeting approved the Board of Directors' proposal regarding guidelines for remuneration to senior management.

In accordance with the proposal of the Board of Directors, the Meeting resolved to approve the transfer of the Company's shareholding of 60 per cent in S. Professionals AB and its subsidiaries to the CEO of S. Professionals AB.

Sdiptech AB (publ)

The Board of Directors

Sdiptech's common share of series B share is traded under the short name SDIP B with ISIN code SE0003756758. Sdiptech AB's preferred shares are traded under the short name SDIP PREF with ISIN code SE0006758348. Sdiptech AB's Certified Adviser at Nasdaq First North Stockholm is Erik Penser Bank. Further information is available on the company's website: www.sdiptech.com

For further information, please contact:

Carl Johan Åkesson, CFO, +46 708 30 70 57, cj.akesson@sdiptech.com
Jakob Holm, CEO, +46 761 61 21 91, jakob.holm@sdiptech.com

Sdiptech AB is a technology group with a primary focus on urban infrastructures. The group offers deeply niched services and products for both expanding and renovating rapidly growing metropolitan areas. The company is based in Stockholm.

The information was provided by the above contact persons for publication 14 May 2018 at 22:30 CET.