Report from Cavotec SA Extraordinary General Meeting 2025
Cavotec SA (the "Company"), today, July 16, 2025 held an Extraordinary General Meeting (this extraordinary general meeting, "EGM") at Cavotec SA Headquarters in Lugano, Switzerland.
Chair: Massimo Vanotti
Minutes: Vanessa Tisci
Independent Proxy pursuant to article 689c of the Swiss Code of Obligations: Edoardo Buzzi, Attorney-at-law
Attendance: At 10.00 am CEST, 101'977'473 shares were present or represented, which corresponds to 101'977'473 votes (95.58%) of the shares entitled to vote, respectively of the share capital, of which:
Shareholders or their representatives 0 votes
Independent Proxy 101'977'473 votes
All percentage figures are rounded to two decimal places.
1. Delisting of Cavotec SA's shares from NASDAQ Stockholm
The EGM adopted the Board of Directors' proposal to delist all shares in Cavotec SA from Nasdaq Stockholm, as follows:
Votes 101'977'473
2/3 Majority 67’984’982
Votes in favour 101'977'473 100 %
Votes againts 0 0%
Abstentions 0 0 %
2. Acknowledgement of the resignation of the current members of the Board of Directors, Election of five new member of the Board of Directors, nomination of the Chairman of the Board of Directors
In accordance with the Board of Directors' proposal, the EGM acknowledged the resignation of Johan Patrik Tigerschiöld, Niklas Edling, Annette Kumlien, Keith Svendsen, and Peter Nilsson, all with effect on 16 July 2025. The EGM adopted the Board of Directors' proposal to replace them by electing Vanessa Tisci, Joakim Wahlquist, Martin Momo Semelis, Jonathan Eriksson, Willian Cheyne and to elect Vanessa Tisci as Chairperson of the Board of Directors, as follows:
2.1 Election of Vanessa Tisci
Votes 101'977'473
Absolute Majority 50’988’737
Votes in favour 101'977'473 100 %
Votes againts 0 0%
Abstentions 0 0 %
2.2 Election of Joakim Wahlquist
Votes 101'977'473
Absolute Majority 50’988’737
Votes in favour 101'977'473 100 %
Votes againts 0 0%
Abstentions 0 0 %
2.3 Election of Martin Momo Semelis
Votes 101'977'473
Absolute Majority 50’988’737
Votes in favour 101'977'473 100 %
Votes againts 0 0%
Abstentions 0 0 %
2.4 Election of Jonathan Eriksson
Votes 101'977'473
Absolute Majority 50’988’737
Votes in favour 101'977'473 100 %
Votes againts 0 0%
Abstentions 0 0 %
2.5 Election of William Cheyne
Votes 101'977'473
Absolute Majority 50’988’737
Votes in favour 101'977'473 100 %
Votes againts 0 0%
Abstentions 0 0 %
2.6 Election of Vanessa Tisci as Chairperson of the Board of Directors
Vanessa Tisci was elected as Chairperson of the Board of Directors until the next Annual General Meeting to be held in 2026, as follows:
Votes 101'977'473
Absolute Majority 50’988’737
Votes in favour 101'977'473 100 %
Votes againts 0 0%
Abstentions 0 0 %
3. Grant of Discharge from Liability to the Board of Directors for the time for the period from 1 January 2025 until the date of the EGM
The EGM adopted the Board of Directors' proposal and granted discharge to all member of the Board of Directors for the time for the period from 1 January 2025 until the date of the EGM, as follows:
Votes 101'977'473
Absolute Majority 50’988’737
Votes in favour 101'977'473 100 %
Votes againts 0 0%
Abstentions 0 0 %
ENDS