Extraordinary general meeting held in Coala-Life Group AB (publ)

At the extraordinary general meeting in Coala-Life Group AB (publ) (the “Company”) held today, on 14 March 2022, the following resolutions were passed in accordance with the proposals presented in the notice to attend the meeting and in the complete proposals on the implementation of incentive programmes kept available at the Company’s website www.coalalife.com.

The extraordinary general meeting resolved on:

  • an authorisation for the board of directors to increase the share capital in accordance with the board of directors’ proposal
  • implementation of a long-term incentive programme for employees and contractors by way of directed issue of warrants and approval of transfer of warrants in accordance with the board of directors’ proposal
  • implementation of a long-term incentive programme for board members by way of directed issue of warrants and approval of transfer of warrants in accordance with the nomination committee´s proposal.

The incentive programs will together entail a maximum potential dilution of nine (9) percent based on the share capital, number of outstanding shares and votes after the fully guaranteed rights issue of approximately SEK 150 million, which the Company intends to carry out, in accordance with the Company’s press release on February 23, 2022.