Adoption of balance sheet and income statement
The Annual General Meeting adopted the balance sheet and income statement for the Parent Company and the Group for the 2021 financial year.
Appropriation of the company’s earnings
The Annual General Meeting resolved that the unappropriated earnings at the disposal of the Annual General Meeting of SEK 2,485,443,716 be appropriated such that SEK 2,485,443,716 be carried forward, meaning that no dividend will be paid.
Board of Directors and auditors
In accordance with the proposal from the Nomination Committee, the Annual General Meeting resolved to re-elect Board members Erik Selin, Christoffer Lundström, Charlotte Hybinette, Ulf Croona, Bengt Edholm and Marie Osberg. Erik Selin was re-elected Chairman of the Board. For a more detailed presentation of the Board members, please refer to www.collector.se.
The Annual General Meeting elected Ernst & Young AB as auditor for the period until and including the next Annual General Meeting.
The Annual General Meeting also resolved that fixed Board fees be paid in the amount of SEK 720,000 to the Chairman of the Board and in the amount of SEK 360,000 to each of the other Board members and that members of the Credit Committee, in addition to their Board fees, receive an additional fee of SEK 150,000 each, and that members of the Audit Committee and the Risk and Compliance Committee each receive an additional fee of SEK 100,000 for each committee respectively, in addition to their Board fees. The Annual General Meeting also resolved that fees to the auditor should be paid in accordance with an approved invoice.
Remuneration principles for senior executives and report on remunerations subject to remuneration principles for senior executives
The Annual General Meeting adopted the following principles for the remuneration of senior executives to apply until the 2026 Annual General Meeting at the latest.
In accordance with the proposal by the Board of Directors, the Meeting resolved that remuneration to senior executives should consist of fixed salary, pension and other benefits. To avoid encouraging senior executives to take unsound risks, no form of variable compensation shall be payable. The full guidelines for remuneration to senior executives can be found at www.collector.se.
The Annual General Meeting adopted the Remuneration Report required by the guidelines on the remuneration of senior executives prepared by the Board of Directors in accordance with Chapter 8, Section 53a the Swedish Companies Act. The report is available from the Company website, www.collector.se.
Authorization for the Board to decide to issue new shares
The Annual General Meeting resolved to authorize the Board of Directors to decide, on one or more occasions until the next Annual General Meeting and with or without deviation from the preferential rights of existing shareholders, for cash payment, payment in kind or through set-off, to issue shares corresponding to at most 10 percent of the total number of shares in the Company during the period until the next Annual General Meeting.
Authorization of the Board of Directors to determine repurchases and transfers of treasury shares
The Annual General Meeting resolved to authorize the Board, for the period until the next Annual General Meeting, to decide, on one or more occasions, to repurchase shares such that the Company does not hold more than 10 percent of the total number of shares in Collector, on the condition that such acquisitions are approved by the Swedish Financial Supervisory Authority.
Decision on approval of merger plan regarding the merger of Collector AB and Collector Bank AB
The Annual General Meeting resolved to approve the merger plan for the implementation of the proposed merger of Collector AB and Collector Bank AB. The merger entails Collector Bank AB absorbing Collector AB. The merger is being conducted with the aim of simplifying the Group structure, streamlining the utilization of internal resources and optimizing the capital position. All operations in the Collector Group remain unchanged after the merger as all operating activities are currently conducted in Collector Bank AB, including its branches. The merger is expected to be completed during the third quarter of 2022, when the shares in Collector Bank AB are intended to be admitted for trading on Nasdaq Stockholm. Implementation of the merger presupposes that (a) the holders of outstanding bonds in Collector Bank AB approve certain necessary changes in the bond terms, (b) the Swedish Financial Supervisory Authority issues the necessary permits and (c) Nasdaq Stockholm approves that the shares in Collector Bank be admitted to trading.
- Minutes of the Annual General Meeting 2022
- Invitation to attend the Annual General Meeting of Collector AB (publ)
- Remuneration Report 2021
- Reasoned opinion of the Board of Directors under Chapter 19, Section 22 of the Swedish Companies Act
- Merger Plan between Collector AB and Collector Bank AB
- Auditor’s opinion according to Chapter 23, section 11 of the Swedish Companies Act
- The Nomination Committee proposal (SE)
- The Nomination Committee motivated statement (SE)
- Principles for appointing (SE)
- Auditor’s opinion according to Chapter 8, section 54 of the Swedish Companies Act (SE)
Voting and Authorization