Good morning, everyone, and welcome to the
Good morning, everyone, and welcome to the
Could everyone please go on mute, please?
only mode. During the question and answer session, you are able to ask a question.
Okay. Good morning, everyone, and welcome to the extraordinary general meeting in Magnora ASA. My name is Geir Evenshaug. I am a partner with the law firm BAHR, and I have been tasked to open the general meeting and make a record of represented shares and votes. The record shows that we have approximately 18.7 million shares and votes represented in the meeting. That is equal to approximately 26% of the total share capital. As usual, the minutes with the summary of votes cast in each matter will be available after the meeting. We have the CEO, Erik Sneve, attending by Microsoft Teams, the same with the Chairperson of the Board, John Hamilton. We also have the CFO, Bård Olsen, and Morten Strømgren in the room. We can start on the agenda, which item one is we have just done.
We will move to item two, which is election of the chair of the meeting. The proposal is that I chair the meeting. Are there any questions or comments to the proposal? There are none, and we have no votes against, so I will then continue as the Chairperson of the meeting. Item three on the agenda is election of one person to co-sign the minutes. I propose that Bård Olsen, who is present here, is elected to co-sign the minutes. Are there any questions or comments? There are none, and we have no votes against, so Bård will then co-sign the minutes as proposed. Item four on the agenda is approval of the notice and the agenda. Are there any questions or comments to the notice for the meeting or the agenda for the meeting? There are no questions or comments.
We have no votes against, so the notice and the agenda are both approved. Item five is the election of a board member. This has been explained in the calling notice and the appendix from the nomination committee that Lars Schedin is being proposed to replace by Stephen Harris. Are there any questions or comments to the proposal in item five, election of board member? There are no comments or questions, and we have no votes against, so Stephen Harris is then elected as a board member in the company. Moving on to item six on the agenda, which is remuneration of the new board member. This again has been explained and proposed by the nomination committee in the calling notice for the meeting. Are there any questions or comments to the proposal in item six, remuneration of the new board member? There are no questions or comments.
On this item, we have approximately 2.6 million votes against, which represents approximately 14% of all represented votes and shares, which means that we have a majority of 86% approximately, and the proposal has been approved. Item seven on the agenda is a proposal to allow electronic communications with the shareholders. Are there any questions or comments to item seven on the agenda? There are no questions or comments. On this item, we have 2,000 votes against, which means that we have a majority of 99.99%, and the proposal has been approved. That concludes the items on the agenda for this extraordinary general meeting. Before we close the meeting, are there any questions or comments from anyone participating? It does not seem to be, so we will close the meeting, and thank you all for your participation. Thank you and goodbye.