Flex LNG - Annual General Meeting 2024

Rhea-AI Summary

FLEX LNG held its 2024 Annual General Meeting where audited financial statements for 2023 were presented. They passed resolutions on director appointments, auditor selection, remuneration, and capital adjustments.

Positive

• Presentation of audited financial statements for the year ended December 31, 2023.

• Successful resolutions passed regarding director appointments, auditor selection, remuneration, and capital adjustments.

Negative

• None.

HAMILTON, Bermuda, April 30, 2024 /PRNewswire/ -- FLEX LNG LTD. (the "Company") advises that the 2024 Annual General Meeting of the Shareholders of the Company was held on April 29, 2024 at 12:00 hrs, at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda The audited consolidated financial statements for the Company for the year ended December 31, 2023 were presented to the Meeting.

In addition, the following resolutions were passed:

1. To set the maximum number of Directors to be not more than eight.
2. To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorised to fill such vacancies as and when it deems fit.
3. To re-elect Ola Lorentzon as a Director of the Company.
4. To re-elect Nikolai Grigoriev as a Director of the Company.
5. To re-elect Steen Jakobsen as a Director of the Company.
6. To re-elect Susan Sakmar as a Director of the Company.
7. To re-appoint Ernst & Young AS of Oslo, Norway, as auditor and to authorize the Directors to determine their remuneration.
8. To approve remuneration of the Company's Board of Directors of a total amount of fees not to exceed US$500,000 for the year ended December 31, 2024.
9. Reduction of share premium account.
10. Capital adjustment.

Media Contact:
Knut Traaholt, Chief Financial Officer of Flex LNG Management AS
Telephone: +47 23 11 40 00
Email: IR@flexlng.com

April 29, 2024
The Board of Directors
FLEX LNG LTD.
Hamilton, Bermuda

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https://news.cision.com/flex-lng/r/flex-lng---annual-general-meeting-2024,c3970383

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SOURCE Flex LNG

FAQ

Where was FLEX LNG 's 2024 Annual General Meeting held?

The 2024 Annual General Meeting was held at Hamilton Princess and Beach Club, Bermuda.

Who were re-elected as Directors of FLEX LNG during the Annual General Meeting?

Ola Lorentzon, Nikolai Grigoriev, Steen Jakobsen, and Susan Sakmar were re-elected as Directors.

Which company was appointed as the auditor for FLEX LNG ?

Ernst & Young AS of Oslo, Norway, was re-appointed as the auditor.

What was the approved remuneration amount for FLEX LNG 's Board of Directors?

The approved remuneration amount was a total not to exceed US$500,000 for the year ended December 31, 2024.

What was the major financial adjustment made during the Annual General Meeting?

There was a reduction of the share premium account and a capital adjustment.