Report from the Extra General Meeting of Olink Holding AB (publ) on 5 July 2024

Rhea-AI Summary

On July 5, 2024, Olink Holding AB held an Extra General Meeting (EGM) in Uppsala, Sweden. During the meeting, several resolutions were adopted, including a decision to provide additional compensation to the board of directors. This compensation, proposed by the majority shareholder, amounts to USD 127,504 and will be distributed in tranches over multiple years. The details of these resolutions are available on the company's website.

For further information, investors can reach out to David Deuchler of the Gilmartin Group or Michael B. Gonzales, VP of Global Marketing, using the provided contact details.

Positive

• None.

Negative

• Additional board compensation of USD 127,504 may impact company expenses.

UPPSALA, Sweden, July 05, 2024 (GLOBE NEWSWIRE) -- At the Extra General Meeting (the “EGM”) of Olink Holding AB (publ), reg. no 559189-7755, (the “Company”), the EGM adopted, inter alia, the following resolutions. For more detailed information regarding the contents of the resolutions, please refer to the notice to the EGM and the complete proposals, which have previously been published and are available on the Company’s website, www.olink.com.

Resolution on compensation to the board of directors
The EGM resolved, in accordance with the majority shareholder’s proposal, to grant each board member compensation in addition to the compensation resolved by the annual general meeting. This additional compensation will be paid in tranches over a number of years.

In total value of the additional compensation is USD 127,504.

For more information please contact:

IR Contact
David Deuchler, CFA
Gilmartin Group
olink@gilmartinir.com

Media Contact
Michael B. Gonzales
VP Global Marketing
Mobile: + 1 415 308 6467
Michael.gonzales@olink.com

FAQ

What was discussed at Olink Holding AB's EGM on July 5, 2024?

The EGM discussed several resolutions, including additional compensation for the board of directors amounting to USD 127,504.

How much additional compensation was approved for Olink's board members?

The EGM approved additional compensation of USD 127,504 for the board members.

How will the additional compensation for Olink's board members be distributed?

The additional compensation for board members will be paid in tranches over multiple years.

Who proposed the additional compensation for Olink's board members?

The additional compensation was proposed by the majority shareholder.

Where can I find more information about the resolutions from Olink's EGM?

More information about the resolutions can be found on Olink's website.