Corporate governance (General meeting)

Corporate governance

Novotek applies the Swedish Code of Corporate Governance. Novotek prepares an annual Corporate Governance report which is audited by the external auditors. Here are the most central corporate bodies and functions.

Internal rules etc.
=> Articles of associations
=> Work plan for Board of Directors
=> Instruction issued by the Board to the CEO
=> Internal Policies etc.

External rules etc.
=> The Swedish Companies Act
=> Swedish and International accounting rules/regulations
=> Nasdaq OMX rules and regulation
=> Swedish Code of Corporate Governance

* no separate committees, handled by the Board as a whole

Articles of association

Legislature and Articles of association

Novotek shall apply Swedish law and rules and recommendations that follows of the listing at the Nordic stock exchange OMX and other laws applicable in the countries that Novotek has subsidiaries. Other than that Novotek has to follow the rules given by the articles of association of Novotek. The articles of association are given and decided by the general meeting and shall contain mandatory information about the basic management of the company. For example it shall contain what kind of business the company shall conduct, the size of the share capital, number of shares, the size of the board and how general meeting shall be called.

Articles of association >>, adopted by Annual General Meeting 2021-05-06 (Only in Swedish).

Corporate governance reports

Corporate governance report is included in annual report together with Auditor report concerning Corporate governance report. Below are separate reports from annual report.

General meeting

Novotek’s Annual General Meeting 2024 for financial year 2023 will be arranged in Malmö on 6 May, 2024 at 5 pm, Comfort Hotel, Carlsgatan 10 C, Malmö. Shareholders have the right to have a matter dealt with at the Annual General Meeting, if a request is submitted to the board no later than 22 April, 2024 (Novotek AB, Att: Sven Kristensson, Box 16014, 200 25 Malmö).

At the Annual General Meeting all shareholders, registered according to the rules of the invitation, have the right to vote, directly or via representatives. The Annual General Meeting decides the members of the board. In addition to that, it also decides the auditors, the disposition of profits and so forth.

Invitation to the Annual General Meeting is made according to the rules of the articles of association >> (only in Swedish).
The invitation is furthermore published on our website and in our annual report.

(only in Swedish)

2024
Power of Attorney form
Invitation to the annual general meeting, 2024-05-06

2023
Minutes of the annual general meeting, 2023-05-08
Communique from the annual general meeting, 2023-05-08
Invitation to the annual general meeting, 2023-05-08

2022
Minutes of the annual general meeting, 2022-05-10
Communique from the annual general meeting, 2022-05-10
Invitation to the annual general meeting, 2022-05-10

2021
Minutes of the annual general meeting, 2021-05-06
Communique from the annual general meeting, 2021-05-06
Invitation to the annual general meeting, 2021-05-06

2020
Minutes of the annual general meeting, 2020-05-07
Communique from the annual general meeting, 2020-05-07
Invitation to the annual general meeting, 2020-05-07

2019
Minutes of the annual general meeting, 2019-05-08
Communique from the annual general meeting, 2019-05-08
Invitation to the annual general meeting, 2019-05-08

2018
Minutes of the annual general meeting, 2018-05-09
Communique from the annual general meeting, 2018-05-09
Invitation to the annual general meeting, 2018-05-09

2017
Minutes of the annual general meeting, 2017-05-08
Communique from the annual general meeting, 2017-05-08
Invitation to the annual general meeting, 2017-05-08

2016
Minutes of the annual general meeting, 2016-05-09
Communique from the annual general meeting, 2016-05-09
Invitation to the annual general meeting, 2016-05-09

2015
Minutes of the annual general meeting, 2015-05-06
Communique from the annual general meeting, 2015-05-06
Invitation to the annual general meeting, 2015-05-06

2014
Minutes of the annual general meeting, 07/05/2014
Communiqué from the annual general meeting, 07/05/2014
Invitation to the annual general meeting, 07/05/2014

2013
Minutes of the annual general meeting, 06/05/2013
Communiqué from the annual general meeting, 06/05/2013
Invitation to the annual general meeting, 06/05/2013

2012
Minutes of the annual general meeting, 03/05/2012
Communiqué from the annual general meeting, 03/05/2012
Invitation to the annual general meeting, 03/05/2012

2011
Minutes of the annual general meeting, 05/05/2011
Communiqué from the annual general meeting, 05/05/2011
Invitation to the annual general meeting, 05/05/2011

2010
Minutes of the annual general meeting, 06/05/2010
Communiqué from the annual general meeting, 06/05/2010
Invitation to the annual general meeting, 06/05/2010

Nominating committee

The nominating committee is appointed by the General Meeting and the purpose of the nominating committee is to nominate board members and auditors and suggest remunerations for the board and the auditors. According to the decision of the Annual General Meeting 2023-05-08, the Nominating Committee shall consist of Ingvar Unnerstam, Göran Andersson and Annette Larsson representing Noveko Syd AB. Chairman is Annette Larsson. According to the invitation to the annual general meeting it is stated that the company’s largest shareholder, percentage of votes, should nominate a new member of the nominating committee if a current member leave the committee before the end of the election period. Suggestions to the nominating committee are to be sent to annette.larsson@idus.se or by using telephone number +46 70 657 48 88.

Nominating committee report considering the board election on annual general meeting 06/05/2024.

The nominating committee propose re-election of board members Fredrik Larsson, Anna Bjelm, Charlotta Johnsson, Sven Kristensson and Peter Rosén.

“In a company it is important to have a versatile composition on the board. The size of the board of directors should be kept down, especially in a small company such as Novotek. Novotek has therefore decided that the board members should have as diverse a focus as possible and reflect the company’s needs.

Novotek also strives for an even gender balance (in accordance with the Code’s recommendation of about 40 %).

Below is the structure and experience of the board.

Sven Kristensson is proposed as chairman of the board. Sven has a M.Sc. Eng and a long and broad experience of leading companies in growth from, among others, Getinge, Åkerlund & Rausing. He is today CEO of Nederman Holding and also a board member of Swegon and several other companies.

Peter Rosén, B.Sc. Econ, has broad experience from leading positions such as CFO and deputy CEO from companies such as Flügger, Cloetta, Resurs Holding and other companies. He is today CFO and deputy CEO of Hexpol.

Fredrik Larsson, MsC Eng, has extensive experience as a project manager and as a solution architect in the telecom industry. The common denominator in many of the projects in Novotek’s line of business and the telecom industry has been about introducing standard platforms in a complex business using a global delivery model. He is today deputy CEO of Idus.

Anna Bjelm is MSc. Eng and Executive MBA. Her experience of working in senior positions within Lean in a number of companies is important to Novotek. Lean promote efficiency in companies and is what Novotek offers its customers. She is today CEO at aSterling enrichment.

Charlotta Johnsson is PhD in Technology and is today Dean at LTH Campus Helsingborg with a special focus on Innovation and Collaboration. She has solid experience in research and development in Operation Management, Smart Manufacturing and Digitalization, as well as work experience from the same industry as Novotek. Cooperation with research and development is becoming increasingly important for Novotek.”