The shares shall be issued in two series, designated series A and series B.
Of the share capital, a nominal maximum of SEK 400,000,000 may consist of class A shares and a nominal maximum of SEK 400,000,000 of Series B.
Class A shares entitle to ten votes and class B shares to one vote.
Class A shares shall be able to be converted into class B shares at the request of A shareholders. The request for conversion shall be made in writing to the board, stating how many shares are requested to be converted. The company’s board shall deal without delay with questions of conversion into class B shares. Conversion shall be reported for registration without delay and becomes effective when registration occurs.
In the case of a new issue of shares not made against payment with capital contributed in kind, holders of class A and class B shares shall have a preferential right to subscribe for new shares of the same class in proportion to the number of shares previously owned by the holder (primary preferential right). Shares that have not been subscribed by means of primary preferential right shall be offered to all shareholders for subscription (subsidiary preferential right). If the number of shares offered is insufficient for the subscription by subsidiary preferential right, the shares will be distributed between subscribers in proportion to the total number of shares in the company they already hold. If distribution of certain shares in this way proves not to be possible, lots will be drawn to decide distribution.
If the company decides to issue shares only of series A or series B, all shareholders, regardless of whether their shares are of series A or series B, shall have preferential rights to subscribe for new shares in proportion to the number of shares they already hold.
What has been said above shall not imply any restriction on the possibility of deciding on a cash issue with deviation from shareholders’ preferential rights.
What is described above about shareholders’ preferential rights shall have equivalent application when issuing subscription options and convertibles.
In the event of an increase in the share capital through a bonus issue, new shares shall be issued of each class of shares in proportion to the number of shares of the same kind already existing. By this means, old shares of a certain class of shares shall confer preferential rights to new shares of the same class. What is said here shall not constitute any restriction on the possibility of issuing shares of a new class through a bonus issue.