Announcement from the Annual General Meeting of Goodbye Kansas Group AB

Goodbye Kansas Group AB has today, on June 13, 2024, held its Annual General Meeting (AGM) at the company's premises at Hammarbyterrassen 3 in Stockholm. Notice of the AGM and complete proposals are available on the company's website, https://goodbyekansasgroup.com.

The AGM resolved, among other things, as follows:

Annual and consolidated annual accounts and appropriation of profit

The AGM adopted the income statements and balance sheets in the Annual Report and the consolidated financial statements, respectively, and resolved that the accumulated loss should be carried forward.

Discharge from liability for the members of the Board of Directors and the CEO

The Annual General Meeting resolved to discharge all members of the Board of Directors and the CEO from liability.

Election of the Board of Directors

The Annual General Meeting resolved, in accordance with the Nomination Committee's proposal, that the Board of Directors until the end of the next AGM 2025 shall consist of five members elected by the AGM with no deputies, after which Staffan Eklöw and Per Anders Wärn were re-elected, and Thomas Lindgren, Naveen Paul and Rajeev Sharma were elected as new members. Per Anders Wärn was re-elected as Chairman of the Board.

Thomas Lindgren

Thomas Lindgren has experience from CEO and Board roles in the gaming industry as well as experience from sales, business development, transformation, M&A and corporate finance. In 2019, Thomas was Chairman of Goodbye Kansas Game Invest and Goodbye Kansas Holding AB, where he developed the strategy and supported the management team in the sale of Game Invest to Embracer Group. Thomas is currently a Board member of Starbreeze AB (publ), Founder Northify (Chairman), Ecobloom Technologies (Chairman), TNTX i Boden AB (founder) and Wanderword (co-founder and Chairman). Double MSc. Finance and Managerial Accounting from the Stockholm School of Economics.

Naveen Paul

Naveen Paul has over 20 years of experience in the VFX industry with experience in VFX supervision, animation and creative development for the film industry. Naveen is the founder and managing director of NY VFXWAALA with a resource pool of approximately 400 employees based in Mumbai, India. As one of India's leading VFX supervisors, he has been awarded numerous awards in the Indian film industry, including the 64th National Award for Best Visual Effects. Bachelor of Science, Physics and Computer Science from Jai Hind College.

Rajeev Sharma

Rajeev Sharma has over 20 years of international experience in the film industry in leading positions. Rajeev is currently the CEO of ADF Group, which includes Devgn Films, NY Cinemas and NY VFXWAALA and has previously been CEO of PID Pvt. Ltd, which was the Indian arm of Fujifilm Motion Picture Films. Diploma in Computer Engineering from Shriram Polytechnic.

Election of auditor

The AGM resolved, in accordance with the Nomination Committee's proposal, to re-elect the registered accounting firm Grant Thornton as auditing firm.

Fees to the Board of Directors

The AGM resolved, in accordance with the Nomination Committee's proposal, that remuneration to the members of the Board of Directors shall be paid in the amount of SEK 450,000 to the Chairman, and in the amount of SEK 225,000 to each of the other members elected by the AGM who are not employed by the company.

Resolution on approval of closely related party transaction

The AGM resolved, in accordance with the Board of Directors' proposal, to approve the assignment agreement that the company has entered into with the Chairman Per Anders Wärn dated April 5, 2024.

Resolution to amend the Articles of Association

The AGM resolved, in accordance with the Board of Directors' proposal, to amend the Articles of Association in order to enable the company to hold the AGM digitally in the future by introducing a new §9 in the Articles of Association.

Resolution on authorization for the Board of Directors to resolve on a rights issue

The Annual General Meeting resolved, in accordance with the Board of Directors' proposal, to issue an authorization as follows:

The Board of Directors shall be authorized, on one or more occasions prior to the next AGM, to resolve on a new issue of shares, issue of warrants and/or issue of convertible debentures as follows.

Issues may be made with or without deviation from the shareholders' preferential rights. By resolution based on the authorization, a maximum of so many shares may be issued in connection with a new issue of shares, in connection with subscription of shares through the exercise of warrants and/or in connection with conversion of convertible debentures, corresponding to 25 percent of the number of outstanding shares in the company (which does not prevent warrants and/or convertible debentures from being combined with recalculation conditions that, if applied, could result in a different number of shares).

The shares may be subscribed for in cash, in kind, with the right of set-off or on terms and conditions in accordance with Ch. 2 § 5 of the Swedish Companies Act.

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For further information, please contact:
Stefan Danieli, CEO, Goodbye Kansas Group
E-mail: [e-mail]
Tel: [phone]

Goodbye Kansas Group

Goodbye Kansas Group AB (publ) is a leading supplier of technology-driven visual content and develops solutions for visual effects (VFX), animation, game trailers and In-Game. The Group has some of the world’s leading entertainment companies as customers. Goodbye Kansas Group has its head office in Stockholm and is listed on Nasdaq First North Growth Market with Wildeco as Certified Adviser.

Attachments

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Announcement from the Annual General Meeting of Goodbye Kansas Group AB

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