General Meeting

The general meeting of Cherry is the highest decision-making body through which the shareholders exercise their influence over the company, personally or through a representative.

The ordinary general meeting – the annual general meetings – of Cherry is held within six months from the end of the financial year. In addition to the annual general meeting, extraordinary general meetings can be convened when required. According to the articles of association, general meetings are convened by publication of the convening notice in the Swedish National Gazette (Sw. Post- and Inrikes Tidningar) and on the company’s website. At the time of the notice convening the meeting, information regarding the notice shall be published in Dagens Industri.

The general meeting resolves on several matters, including confirmation of income statements and balance sheets, the disposition of the company’s profit or loss, discharge of liability for the members of the board and the CEO, composition of the nomination committee, election of members of the board (including the chairman of the board) and auditor, remuneration to the members of the board and auditor, guidelines for remuneration to the CEO and other senior executives as well as any changes of the articles of association. The powers and duties of the general meeting are regulated by the Swedish Companies Act and the articles of association.

2018 Annual General Meeting

Information about the date and venue of the 2018 Annual General Meeting will be published in connection with the quarterly report for the third quarter of 2017. Shareholders who wish to have an issue brought before the annual general meeting must submit a written request to the board of directors. The request must normally be received by the board of directors not later than seven weeks prior to the annual general meeting.