General meetings

The general meeting is the Company’s highest decision-making body. The general meeting elects the company’s board and auditors, approves the accounts, decides how profits are to be used and decides on discharge of liability for the board and the managing director. The general meeting also has to deal with other matters that are mandatory according to the Swedish Companies Act and the articles of association. All shares in Maven Wireless Sweden AB have the same voting value and the articles of association contain no restrictions on how many votes each shareholder can cast at the annual general meeting.