Lumi Education Group AS (LUMI) Earnings Call Transcript & Summary

Good morning, everyone. Welcome to this AGM for Lumi Gruppen. Can you please confirm that the sound is working properly. Okay. Thank you. Rob?

Thank you [ Meu ], thank you, Martin, and good morning, everybody. For those of you that don't know me, my name is Rob, Rob Woodward, and I'm the Chair of the Board of Lumi Gruppen. We have the -- recorded the votes cast, and I can confirm that all resolutions this morning have been passed and there have been no votes recorded against any of the resolutions. But if it's okay, let me just now run through the resolutions. The first is the election of the Chairperson for the meeting. So the Board of Directors proposed that the Chair of the Board, myself, is elected to Chair the meeting. That was passed. Secondly, the election of a person to co-sign the minutes. So the Board of Directors propose that Martin Prytz is elected to co-sign the minutes. The third was the Board of Directors proposes that the general meeting approves the notice and the agenda. And then we move to item 4, which is the substantive item for today's AGM. So it's proposed that Henriette Gronn is elected as the new member of the company's Board of Directors and that Giles Smyth resigns from the company's Board. In connection with the Board election, it's proposed that the former employee representative, Anne Dahl, resign her position as a role as a Board member of the company but Anne will instead be elected as an employee-elected Board member of the company's wholly owned subsidiary, Sonans Privatgymnas. Based on the above, the Board of Directors proposes that the General Meeting resolves to pass the following resolution that the Board of the company will comprise the following persons: Robert Woodward as Chair of the Board; Bente Sollid Storehaug as Board member; Ashkan Senobari as a Board member; Jan Lundqvist as a Board member; and Henriette Gronn as a Board member. So as I said at the beginning of the meeting, all of these resolutions were comfortably passed with no votes against. So I think I could now close the formal proceeding of the AGM. I would normally invite questions at this point but you will have seen this morning that we have announced that we're going to provide an update -- a performance update on the 10th of February, and that will give all investors the opportunity of meeting members of the Board and in particular, Chief Executive and our Chief Finance Officer. So you will have an opportunity either to be in person here in Oslo or you could also attend indirectly. And that will be a good opportunity for shareholders to engage and ask the Board whatever questions you would like to do so. So I think that on that note, thank you for your participation, and I look forward to seeing a good number of you on the 10th of February. Thank you very much.

Thank you. And then we will close. The minutes will be published shortly with the voting as well. Thanks.