Wednesday, June 12, 2024 On June 10, 2024, the Company unveiled its blueprint for restructuring, known as the “Reorganization Plan,” as part of its ongoing reorganization proceedings in Sweden. Following this, on June 11, 2024, the Company formally petitioned the Stockholm District Court to initiate the plan proceedings. Today, the Stockholm District Court has decided that the pivotal plan hearing, wherein affected stakeholders will cast their votes on the Reorganization Plan, is scheduled for 1:00 p.
m. CEST on Friday, July 12, 2024. All parties impacted by the company’s reorganization process, including creditors and holders of the Company’s common shares, are entitled to participate in the plan hearing and exercise their voting rights on the proposed Reorganization Plan.
Those wishing to appoint a proxy or grant power of attorney to the administrator for voting in favor of the Reorganization Plan must furnish a dated written power of attorney to the designated proxy or the administrator, as applicable. Guidelines for Common Shareholders Wishing to Attend the Plan Hearing Common shareholders who intend to attend the plan hearing either in person or via proxy should ensure they are registered as a shareholder on the Euroclear Sweden AB’s share register snapshot as of Thursday, July 4, 2024. Shareholders planning to attend through a proxy must provide a dated written authorization for their representative and present the original document at the hearing.
Shareholders.
