The resolutions, in accordance with proposals by the Board of Directors and Nomination Committee, passed at the Annual General Meeting of Shareholders (the "Meeting") in ITAB Shop Concept AB (publ) ("the Company" or "ITAB") held today, 6 May 2026, included the following.
Adoption of the income statements and balance sheets, and resolutions regarding appropriation of profit and discharge from liability
The Meeting adopted the income statement and balance sheet for the Company and the Group for the 2025 financial year, and resolved that no dividend be paid for the financial year 2025 and that the funds at the disposal of the Meeting be brought forward. The Meeting also resolved to discharge the Board members and the CEO from liability for the administration during the 2025 financial year.
Board of Directors and auditors
The Meeting resolved that the Board of Directors is to consist of seven Board members and re-elected Kerstin Anderson, Petter Fägersten, Amelie de Geer, Lars Kvarnsund, Anders Moberg, Madeleine Persson, and Fredrik Rapp as regular Board members. Anders Moberg was re-elected as Chairman of the Board. Further, the Meeting re-elected the registered auditing company Ernst & Young AB as the Company's auditor, with Authorised Public Accountant Franz Lindström as Auditor-in-Charge.
Fees to the Board of Directors and auditor
The Meeting resolved on Board fees of SEK 875,000 to the Chairman and of SEK 365,000 to each of the other Board members. Further, the Meeting resolved on fees for assignments in Board committees of SEK 150,000 to the Chairman and of SEK 60,000 to each of the other members of the Audit Committee, and of SEK 45,000 to the Chairman and of SEK 35,000 to each of the other members of the Remuneration Committee. Fees to the auditors is to be paid in accordance with approved invoices.
Remuneration Report 2025
The Meeting resolved to approve the Board of Directors' Remuneration Report for remuneration paid to senior executives in 2025.
Authorisation for share issues
The Meeting resolved to authorise the Board of Directors, on one or more occasions up until the next Annual General Meeting, to resolve to increase the Company's share capital by way of new share issues corresponding to a dilution of a maximum of 10 percent, calculated after full exercise of the authorisation for share issue. The purpose of the authorisation is to increase the Company's financial flexibility and to enable the Company to make corporate acquisitions.
Authorisation for repurchases and conveyance of own shares
The Meeting resolved to authorise the Board of Directors, on one or more occasions up until the next Annual General Meeting, to resolve to purchase own shares so that the Company's holding, at any given time, does not exceed 10 percent of the total number of shares in the Company. Further, the Meeting resolved to authorise the Board of Directors, on one or more occasions up until the next Annual General Meeting, to resolve to convey own shares. The purpose of the authorisations is to give the Board of Directors increased flexibility with regard to the Company's capital structure where appropriate, to enable acquisitions of companies and business operations where payment is made with the Company's own shares, and to secure the delivery of shares within the framework of, and cover any costs arising in connection with, the Company's long-term incentive programs.
Change of the Company's name to ITAB Group AB
The Meeting resolved to change the name of the Company from ITAB Shop Concept AB to ITAB Group AB through an amendment of the Company's Articles of Association. The change was necessitated by the acquisition of HMY, which has been part of the Group since 31 January 2025.
Implementation of a Long-Term Incentive Program (LTIP 2026)
The Meeting resolved to establish a performance-based share savings program for certain employees within the ITAB Group. The resolution also encompassed authorisation for the Board of Directors to resolve on a new share issue of a maximum of 2,450,645 Class C shares, authorisation for the Board of Directors to resolve on repurchases of Class C shares so that the Company's holding, at any given time, does not exceed 10 percent of the total number of shares in the Company, and resolution on conveyances of a maximum of 2,042,204 own ordinary shares to participants in accordance with the terms of the incentive program and of 408,441 ordinary shares on Nasdaq Stockholm to cover social security contributions due to the incentive program.
Information about the Annual General Meeting 2026
Complete proposals for the Meeting's resolutions above are available on the Company's website itabgroup.com. Further, the minutes from the Meeting will be available on the website no later than two weeks after the Meeting.
Jönköping, 6 May 2026
ITAB Shop Concept AB (publ)
This information is such that ITAB Shop Concept AB (publ) is obliged to make public pursuant to Nasdaq Stockholm Rulebook for Issuers. The information was submitted for publication, through the agency of the contact person set out below, at 5:00 p.m. CEST on 6 May 2026.
This is in all respects a translation of the Swedish original press release. In the event of any discrepancies between this translation and the Swedish original, the latter shall prevail.
For further information, please contact:
Mats Karlqvist, Head of Investor Relations
Tel.: +46 70 660 31 32
ITAB Shop Concept AB (publ), Box 9054, SE-550 09 Jönköping, Sweden
itab.com, itabgroup.com
At ITAB Group we help customers turn brand experience into physical reality through our know-how, solutions and eco-system of partners. By co-creating efficient retail solutions that deliver convenient and inspiring consumer experiences, we create value-based outcomes for our customers that help drive measurable results and drive returns and benefits in the short, mid and long-term. The complete offer includes consultative design services, custom-made interiors, solutions for self-service and -checkouts, smart gates and guidance solutions, traditional checkouts, professional lighting systems, and interactive digital solutions for the physical store. ITAB Group has annual sales of approximately SEK 13 billion and approximately 5,300 employees. The ITAB share is listed on Nasdaq Stockholm.
