DDM Holding AG’s Annual General Meeting 2016

The AGM adopted the 2015 Annual Report, the Parent Company’s 2015 financial statements and the Group’s 2015 consolidated financial statements. The AGM also resolved to appropriate DDM’s available earnings in accordance with the Board of Directors’ proposal in the 2015 Annual Report, and not to pay a dividend for the 2015 financial year.

The AGM resolved to discharge the Board of Directors and the Management team from liability for the 2015 financial year.

The AGM approved the proposal to elect five members to the Board of Directors. The AGM resolved to re-elect Messrs. Kent Hansson, Torgny Hellström, Dr. Manuel Vogel and Fredrik Waker, and to elect Mrs. Dovilė Burgienė as a new member of the Board of Directors.

Mrs. Dovilė Burgienė (b. 1977) is attorney-at-law specializing in different fields of law, including M&A, corporate governance, reorganization and project finance. Her experience includes advising on M&A deals representing clients such as private equity houses, strategic investors and companies expanding their business. Mrs. Burgienė also has extensive business experience co-ordinating complex business negotiations in Eastern Europe. She is independent of the company and major shareholders.

Mrs. Dovilė Burgienė commented: “I am very pleased to have been elected as a member of the Board of Directors of DDM Holding AG and look forward to contributing to the strategy to continue to grow the DDM group”. 

The AGM also resolved to re-elect PricewaterhouseCoopers AG, Luzern as the independent auditors for a further term of one year.

This information is of the type which DDM Holding AG must disclose in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was made public on 28 June 2016, at 4:00 p.m. CET.