Resolutions adopted Item 2 on the AGM agenda - presentation of the annual report - was followed in item 3 by adoption of the annual report and annual financial statements for 2008.
Item 4, the Board’s proposal that the entire net profits for the year be transferred to the company’s reserves and that no dividend be paid was adopted.
Item 5, Resolution regarding discharge of obligations of the Management and the Board of Directors, was adopted.
Item 6 on the agenda was “Directors’ remuneration”. The proposal to reduce directors’ remuneration by 10% compared with 2008 for a temporary period was adopted. The Chairman cited the reasons for this as the recession and Board’s desire to show solidarity with shareholders who had experienced a sharp fall in NKT’s share price in 2008. The general meeting also approved the remuneration for the two Board members to be appointed to the Audit Committee.
