General Meetings

According to the Swedish Companies Act (Sw. aktiebolagslagen), the general meeting is Lime’s ultimate decision-making body. At the general meeting, the shareholders exercise their voting rights in key issues, such as the adoption of income statements and balance sheets, appropriation of the company’s results, discharge from liability of members of the board of directors and the CEO, election of members of the board of directors and the auditors and remuneration to the board of directors and the auditors.

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

Shareholders who wish to participate in a general meeting must be included in the shareholders’ register maintained by Euroclear Sweden AB on the date occurring five business days prior to the meeting and notify the company of their intention to participate not later than the date indicated in the notice convening the meeting. Typically, it is possible for a shareholder to register for the general meeting in several different ways as indicated in the notice of the meeting. To participate in the general meeting, shareholders who have nominee-registered their shares must, in addition to registering their intention to participate, register the shares in their own name so that the person concerned is registered as a shareholder in the register kept by Euroclear Sweden AB five weekdays before the annual general meeting.

Shareholders who are not personally present at the annual general meeting may exercise their right to attend the meeting by proxy. Shareholders who are personally present at the annual general meeting, or proxies for absentee shareholders, may bring no more than two assistants.

Shareholder initiative

Shareholders who wish to have a matter discussed at the general meeting must submit a written request in that regard to the Company’s board of directors. Matters shall be discussed at the general meeting if the request has been received by the board of directors at least seven weekdays prior to the time when the convening notice according to the Swedish Companies Act may be submitted at the earliest, or thereafter but within such time that the matter can be included in the convening notice to the general meeting.