Articles of Association
Articles of Association
C2SAT holding AB (publ)
Corp ID 556536-0954
Article 1
The official corporate name is C2SAT holding AB (publ). It is a
public limited company.
Article 2
The board of directors shall be domiciled in the City of
Stockholm.
Article 3
The company shall - direct or indirect through wholly owned
subsidiary - produce, market and sell satellit communications
equipment, and conduct compatible business activities.
Article 4
The capital stock shall amount to a minimum of SEK 20,000,000 and a
maximum of SEK 80,000,000.
Article 5
The minimum number of shares shall be 130,000,000 and the maximum
number 520,000,000.
Article 6
The board of directors shall consist of 3 to 7 members with 0 to 6
alternates.
Article 7
The Company shall appoint to 1-2 ordinary auditors with a similar
number of alternates. A registered audit company may be appointed
as auditor.
Article 8
The financial year of the company is the calendar year.
Article 9
Stockholders' meetings shall be convened by announcements in Post-
och Inrikes Tidningar and the Svenska Dagbladet newspaper. If
Svenska Dagbladet should discontinue publication, meetings will
instead be convened through announcements in Post- och Inrikes
Tidningar and the Dagens Nyheter newspaper.
Annual and stockholders' meetings and extraordinary stockholders'
meetings to discuss issues concerning changes to the corporate
by-laws shall be convened at the most six weeks and at the latest
four weeks prior to their holding.
Extraordinary stockholders' meetings for other reasons shall be
convened at the most six weeks and at the latest two weeks prior to
their holding.
Article 10
In order to participate in meetings, stockholders must notify their
attendance and the number of assistants to the company the date
specified in the convening letter. This date may not be a Sunday,
other holiday, Saturday, Midsummer's Eve, Christmas Eve or New
Year's Eve and may not be earlier than the fifth day prior to the
meeting.
Article 11
Stockholders or trustees registered in the stock register on record
date and listed in a register pursuant to section 4 of the Swedish
Act (1998:1479) on Balanced Accounts for Financial Instruments or
who are registered in a securities account pursuant to section
4(18) first article 6-8 of the above act shall be presumed to
exercise the rights pursuant to section 4(39) of the Swedish
Companies Act (2005:551).