Report from the annual general meeting in NAXS AB (publ) on 30 March 2022

On 30 March 2022 the annual general meeting of NAXS AB (publ) resolved in
accordance with the following

Adoption of the annual accounts, distribution of profit, etc.

  • The annual general meeting adopted the income statements and balance sheets
    for the parent company and the group for the year 2021, and resolved that SEK
    3.50 per share shall be allocated as dividends to the shareholders and that the
    remaining unrestricted equity shall be carried forward.
  • The annual general meeting resolved to discharge the board members and the
    managing director from liability. It was noted that the resolution also
    encompassed the board of directors that resigned during 2021.

Board of directors and auditors etc.

  • The annual general meeting resolved, in accordance with the nomination
    committee’s proposal, that the number of board members shall be five (5) with no
    deputy board members and that the board shall be composed as follows: Daniel
    Gold (re-election), Meg Eisner (re-election), Nikolai Jebsen (re-election), Børge
    Johansen (re-election) and Synne Syrrist (re-election). Daniel Gold was re-elected
    as chairman of the board.
  • It was further resolved, in accordance with the nomination committee’s proposal,
    that remuneration for the board, for the time until the end of the next annual
    general meeting, shall be paid in a total amount of SEK 918,750, with the three
    independent directors, Synne Syrrist, Nikolai Jebsen and Børge Johansen,
    receiving a fee of SEK 306,250 each, and the two directors associated with QVT,
    Daniel Gold and Meg Eisner, forego any fee. It was noted that this allocation of
    remuneration shall be applied retroactively since the election of the current board
    from 1 July 2021. The auditor fees shall be paid in accordance with an approved
    invoice.
  • The annual general meeting resolved, in accordance with the nomination
    committee’s proposal, to re-elect Ernst & Young AB as auditor, with Jesper Nilsson
    as auditor in charge, for the period until the end of the next annual general
    meeting.

Nomination committee

  • The annual general meeting resolved, in accordance with the nomination
    committee’s proposal, to elect Meg Eisner (representing QVT Financial LP), Didrik
    Hamilton (representing himself) and Amaury de Poret (representing himself) as
    members of the nomination committee. Amaury de Poret was elected as chairman
    of the nomination committee.
  • It was further resolved, in accordance with the nomination committee’s proposal,
    to adopt an updated instruction for the nomination committee.

Remuneration report

  • The annual general meeting resolved, in accordance with the board of directors’
    proposal, to adopt the remuneration report.

Authorisation to acquire the company’s own shares

  • The annual general meeting resolved, in accordance with the board of directors’
    proposal, to authorise the board of directors to acquire the company’s own shares.

Contact information:

Lennart Svantesson, CEO 

Telephone: +46 73 311 00 11

The information was submitted for publication, through the agency of the contact person set
out above, at 17.00 CET on March 30, 2022.