General meetings

Under the Swedish Companies Act the shareholders’ meeting is the Company’s highest decision-making body and at shareholders’ meetings shareholders exercise their voting rights in key issues, such as the adoption of income statements and balance sheets, propriation of Company profits, authorisation to release the members of the Board of Directors and the CEO from liability for the financial year, election of Board members and auditors and remuneration for the Board of Directors and the auditors. In accordance with the Articles of Association, shareholders’ meetings shall be convened through announcements in Post- och Inrikes Tidningar and by posting the convening notice on Spotlight Group’s website. An announcement shall be placed in Svenska Dagbladet announcing that the meeting has been convened. Besides the AGM, extraordinary shareholders’ meetings may be convened.