The Annual General Meeting of Shareholders (AGM) was held on 27 April 2006. Peter Svensson, Jan Bengtsson, Jan Johansson, Ivan Rylander and Anders Norling were re-elected to the Board of Directors. All Board members are shareholders, and possess long and extensive experience of several different sectors both in Sweden and internationally. The Board contains both technical and commercial expertise.
The Board monitors operations partly through its own work and partly through periodic reporting, in addition to informal contacts among the Board members. The Board proceeds as per an established agenda. The Board shall hold four meetings per financial year. Other meetings may be held if required.
The Board shall primarily devote its time to all-embracing and long-term questions and issues that have significance for the Company. The Board shall furthermore continuously assess how the Chief Executive Officer (CEO) fulfils his responsibilities regarding ongoing operations.
The Chairman of the Board represents the Board both externally and internally. The Chairman shall lead the work of the Board, ensure that the Board fulfils its tasks in accordance with prevailing legislation and the Articles of Association, and to ensure that meetings be held when required.
The CEO shall be responsible for ongoing administration as per the guidelines and instructions provided by the Board. In accordance with separate instructions, the CEO shall refer to the Board all questions that are of fundamental significance or of unusual character or of considerable value.
Minutes
Minutes of Board meetings shall be kept as a record of decisions taken and shall only be distributed to Board members and the Auditors.
The registered office of the Company is located in the Municipality of Jönköping, Sweden.