IBT is a Swedish limited liability company, whose B shares are listed on Nasdaq First North in Stockholm. Control of the company is via the Annual General Meeting, the Board of Directors, the CEO and senior management in accordance with the Companies Act, rules of procedure for the Board and instructions for the President and the Swedish Code of Corporate Governance. The Board is responsible for evaluating the targets and for continuously evaluating IBTs financial position and results as well as evaluating the operational management.

IBT will provide information about any divergences from the Swedish Code of Corporate Governance in the Corporate Governance Report.

General Meetings

Nomination Committee

Board of Directors

Management Team

Incentive Program

Internal Control

Articles of Association

Auditors

 

General Meetings

Annual General Meeting 2018

May 15, 2018

IBT AGM Minutes (Swedish)

Press Release AGM (English)

Additional documents

AGM Announcement

Nomination Committee

Proxy form AGM

Board report on evaluation of remuneration 

AGM Modified Proposal

Extraordinary General Meeting

January 8, 2017

IBT EGM Minutes with Attachments (Swedish)

Press Release EGM (English)

Annual General Meeting 2017

May 4, 2017

IBT AGM Minutes (Swedish)

Press Release AGM (English)

Additional documents

AGM Announcement

Nomination Committee

Proxy form AGM

Proposal for Board Mandate Item 16

 

Nominating Committee for the Annual General Meeting 2018

The Annual General Meeting of 2017 decided that the Nomination Committee would be appointed as follows: “The Chairman of the Board shall convene the three largest shareholders in the Company, who each shall elect a representative to be a member of the Nomination Committee together with the Chairman of the Board. In the establishment of the Nomination Committee, the ownership ratios as of June 30, 2017 shall determine the largest shareholders in terms of voting rights. The representative of the largest shareholder in the Nomination Committee at that time shall be the chairman of the election committee. If any of the three largest shareholders waive their right to appoint a member of the Nomination Committee, the next largest shareholder shall be allowed to appoint a member of the Nomination Committee.

 

In accordance with the AGM’s decision, the Nomination Committee was formed and consists of, apart from the chairman of Infant Bacterial Therapeutics AB’s Board of Directors, Peter Rothschild, by Per-Erik Andersson, representative of the company’s largest shareholder Annwall & Rothschild Investments AB, Sebastian Jahreskog, representative of the company’s second largest shareholder Banque Öhman SA as well as Jannis Kitsakis, representative of the company’s third largest shareholder, the Fourth Swedish National Pension Fund. All members of the Nomination Committee, apart from Peter Rothschild, are independent in relation to the company and company management.

 

The nomination committee is reached via the election committee chairman, Per-Erik Andersson, at pea@pealaw.se, or by telephone: +46 70-537 98 92.

 

Incentive program

WARRANTS 2017/2022

On May 4, 2017, the Annual General Meeting decided on an incentive program by designated issue of warrants to a subsidiary established for this purpose.

The maximum number of warrants to be issued are 280 000.

The warrants were issued in June 2017 at market terms at a price determined by calculating market price at the time of issue using the Black & Scholes method of valuation.

The holder of warrants may during the period from April 3, 2022 through May 3, 2022, for each warrant subscribe for one and one tenth (1.1) new share in the company at a subscription price per share amounting to SEK 272,41.

 

For additional information, see the minutes from the Annual General Meeting May 4, 2017

 

Internal Control

IBT – Corp. Gov. Report 2018 (SWE)

IBT – Corp. Gov. Report 2017

 

Articles of Association

Articles of association for Infant Bacterial Therapeutics AB is available below in Swedish and English:

IBT – Bolagsordning / Articles of Association

 

Auditor

The company’s auditors review the management and the CEO’s management of the company and the quality of the company’s financial reporting. The auditors also perform, on behalf of the Board, a review of the financial statements, including the year-end report, annual report review and review of a quarterly report.

 

The auditor’s report their audit to the shareholders through the audit report, which is presented at the Annual General Meeting.

 

The company’s auditor is Deloitte AB with Birgitta Lööf as auditor-in-charge.

 

Deloitte AB

Visiting address: Rehnsgatan 11, 113 79 Stockholm, Sweden

Telephone: +46 75 246 20 00