Zinzino AB's Annual General Meeting Highlights and Outcomes for 2025

Zinzino AB's Annual General Meeting Overview



On May 28, 2025, Zinzino AB (publ.) conducted their Annual General Meeting (AGM) in Gothenburg, Sweden, where several crucial decisions regarding the company's financial and operational direction were made. The meeting gathered shareholders to recap the company's performance and outline future strategies.

Key Resolutions Taken


Among the main resolutions approved during the AGM were the following:

1. Financial Reports Approval: The meeting confirmed the profit and loss accounts, as well as the balance sheets for both the parent company and the group. This approval is essential as it sets the foundation for the company’s financial transparency and accountability.

2. Dividend Distribution: A significant resolution approved by the shareholders was the distribution of SEK 4 per share for the financial year 2024. This decision showcases the company’s commitment to returning value to its shareholders.

3. Discharge of Liability: The AGM resolved to release the Board of Directors and the CEO from any liability regarding their actions in the past trading year, a customary procedure reflecting trust in leadership.

4. Board Elections: The meeting resulted in the election of Hans Jacobsson to continue serving as the Chairman of the Board. Alongside him, Staffan Hillberg, Pierre Mårtensson, Ingela Nordenhav, and Anna Frick were elected as board members. This board composition aims to enhance diverse governance for Zinzino’s strategic vision.

5. Remuneration of Board Members: Fees totaling SEK 1,360,000 for the Board were approved, including varying amounts designated to the Chairman and the other board members based on their roles. This financial allocation is indicative of the company’s strategy to incentivize its leadership.

6. Appointment of Audit Firm: BDO Göteborg AB was appointed as the audit firm, with Katarina Eklund acting as the auditor in charge. The independent audit is critical for maintaining stakeholder confidence.

7. Issuance of New Shares: Zinzino also decided to issue several new shares for various financial obligations, including claims against Enhanzz AG and Jay Shafer. Specifically, 78,781 new B shares were linked to Enhanzz AG and 232,374 to Jay Shafer, illustrating the company's proactive management of its debt. Additionally, 76,435 shares were issued to address debts to the company's distributors.

8. Employee Incentives: A resolution was adopted to issue 1,000,000 warrants to employees and other stakeholders as an incentive mechanism to boost performance and align interests.

9. Rights and Directed Issues Authorization: The Board was authorized to decide on rights issues, as well as to cap a maximum 3,000,000 Class B shares for directed issuances. This flexibility is crucial for future capital-raising endeavors.

10. Principles for Nomination Committee: New principles regarding the Nomination Committee for the 2026 AGM were embraced, ensuring a structured approach to board nominations and future governance.

Conclusion


The 2025 AGM of Zinzino AB was characterized by constructive discussions and strategic resolutions leading to a clear framework for the company’s immediate future. With the confirmation of its leadership and financial strategies, Zinzino is poised for continued growth and enhanced shareholder value.

For further details on the AGM resolutions or any specific inquiries, interested parties can contact Fredrik Nielsen, CFO of Zinzino, at +46 (0) 707 900 174 or via email at [email protected].

This meeting underscores Zinzino's ongoing mission to innovate and excel in its operational fields while fostering strong relationships with shareholders and investors.

Topics General Business)

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