Today on 12 May 2026, the annual general meeting (the "AGM") of Enad Global 7 AB (publ) ("EG7" or the "Company") was held, whereby the shareholders passed the following resolutions.
Adoption of the income statement and the balance sheet
The AGM resolved to adopt the income statement and the balance sheet and the consolidated income statement and the consolidated balance sheet for the financial year 2025.
Allocation of profit or loss
The AGM resolved, in accordance with the board of directors' proposal, that no dividend shall be paid and that EG7's results for the financial year 2025 shall be carried forward.
Discharge from liability
The board of directors and the CEO were discharged from liability for the financial year 2025.
Election of board members and auditors, and fees to the board of directors and auditors
The AGM resolved, in accordance with the nomination committee's proposal, to re-elect Alexander Albedj, Ben Braun, Gunnar Lind, Jason Epstein, Ji Ham, Jimmy Eriksson, Marie-Louise Gefwert and Markus Andersson as members of the board of directors. Alexander Albedj was re-elected as chair of the board of directors and Jason Epstein was re-elected as deputy chair of the board of directors. The registered audit firm Öhrlings PricewaterhouseCoopers AB was re-elected as the Company's auditor for the period until the end of the next annual general meeting with Niklas Renström to continue as main responsible auditor.
The AGM resolved, in accordance with the nomination committee's proposal, that no board fees shall be paid to the board members Alexander Albedj, Jason Epstein and Jimmy Eriksson, who are or represent major shareholders in the Company, or to the Company's CEO Ji Ham. It was further resolved, in accordance with the nomination committee's proposal, that fees to the board of directors otherwise shall amount to a total of SEK 1,175,000 (SEK 2,225,000 the previous year) and be paid as follows, provided that the board members are not employees of the Company:
- SEK 125,000 (SEK 250,000) to each of the board members;
- SEK 225,000 (SEK 100,000) to the chairman of the audit committee and SEK 75,000 (SEK 75,000) to each of the other members of the audit committee;
- SEK 75,000 (SEK 75,000) to the chairman of the remuneration committee and SEK 50,000 (SEK 50,000) to each of the other members of the remuneration committee; and
- SEK 100,000 (SEK 100,000) to the chairman of the contract oversight committee and SEK 75,000 (SEK 75,000) to each of the other members of the contract oversight committee.
The AGM further resolved, in accordance with the nomination committee's proposal, that the fee to the auditor shall be paid in accordance with approved invoice.
Approval of the board of directors' remuneration report
The AGM resolved to approve the board of directors' remuneration report for the financial year 2025.
Authorization to issue new shares, warrants and/or convertibles
The AGM resolved, in accordance with the board of directors' proposal, to authorize the board of directors until the next annual general meeting, on one or more occasions, with or without preferential rights for the shareholders, to issue new shares, warrants and/or convertibles, corresponding to a maximum of 10 percent of the Company's share capital after dilution based on the number of shares in the Company at the time of the annual general meeting, to be paid in cash, through set-off or in kind.
Authorization for the board of directors to resolve on repurchase and transfer of own shares
The AGM resolved, in accordance with the board of directors' proposal, to authorize the board of directors, at one or several occasions and for the period until the next annual general meeting, to resolve on repurchase and transfer of shares in the Company.
Repurchases may be made of not more than such a number of shares that the Company's holding of own shares at any given time does not exceed 10 percent of the total number of outstanding shares in the Company. Repurchases of shares may be made (i) on Nasdaq Stockholm, whereby the purchase shall be made at a price per share within the range of the highest purchase price and the lowest selling price at any given time, or, if the purchases are carried out by a stock exchange member assigned by the board of directors, at a price per share corresponding to the volume-weighted average price during the period in which the shares are purchased; or (ii) through a public offer to all shareholders, whereby the purchase shall be made at a price per share that, at the time of the resolution, corresponds to at least the current quoted share price and a maximum of 150 percent of the current quoted share price. Payment for the repurchased shares shall be made in cash.
Transfer of own shares may be made with no more than the total number of shares held by the Company at any given time. Transfers may be made (i) on Nasdaq Stockholm, whereby the transfer shall be made at a purchase price per share within the range of the highest purchase price and the lowest selling price at any given time; or (ii) outside Nasdaq Stockholm in connection with acquisition of companies, operations, or assets, whereby the price per share shall be determined so that the transfer is made at market terms. Payment for transferred shares shall be made in cash, through in-kind payment, or by set-off.
Approval of the acquisition of Cold Iron Studios, LLC (related party transaction)
The AGM resolved to approve the acquisition of Cold Iron Studios, LLC from the board member Jason Epstein, and the board member and CEO Ji Ham (the "Transaction").
The parties have agreed on a timeline to successfully close the Transaction in the beginning of Q3 2026 and will notify the market when the Transaction has been completed.
For detailed terms and conditions regarding the resolutions at the AGM as set out above, please refer to the notice and the complete proposals which are available at the Company's website, www.enadglobal7.com.
FOR MORE INFORMATION, PLEASE CONTACT:
Fredrik Rüdén, Group Deputy CEO and CFO
Phone: +46 733 117 262
fredrik.ruden@enadglobal7.com
Robin Lundell, Head of Investor Relations & Sustainability
Phone: +46 730 587 608
robin.lundell@enadglobal7.com
About EG7
EG7 is a group of companies within the gaming industry that develops, markets, publishes and distributes PC, console and mobile games to the global gaming market. The company employs approximately 360 game developers and develops its own original IPs, as well as acts as consultants to other publishers around the world through its game development divisions Daybreak Games, Piranha Games and Big Blue Bubble. In addition, the group's marketing department Petrol has contributed to the release of 2,000+ titles, of which many are world famous brands such as Call of Duty, Destiny, Dark Souls and Rage. The group's publishing and distribution departments Fireshine Games hold expertise in both physical and digital publishing. EG7 is headquartered in Stockholm with approximately 560 employees in 12 offices worldwide.
Enad Global 7 is listed on Nasdaq Stockholm with Ticker Symbol: EG7
