Investors

About QleanAir

QleanAir is the premium provider of solutions for clean indoor air in professional environments. The company’s business model is based on rental contracts for modular solutions with a full-service offer. QleanAir solutions are developed using a filter technology that captures, filters and recycles indoor air. The company has over 11,000 installed units with more than 3,000 customers on the markets for EMEA, APAC and the Americas. For full year 2021, net sales amounted to 450 MSEK and adjusted operating margin was 18.5 percent. QleanAir’s head office is in Solna, Sweden.

The share is traded on Nasdaq First North Premier Growth Market, ticker: QAIR, ISIN SE0013382066.

QleanAir Investor Presentation Q1 2022(PDF)

2022

2022-04-21 22:15 Correction
The correction refers to a previous incorrect reference to the EU Market Abuse Regulation. For more information, please contact: Christina Lindstedt, CEOE-mail...
2022-04-21 22:15 Rättelse
Rättelsen avser tidigare felaktigt hänvisning till EU:s marknadsmissbruksförordning. För ytterligare frågor, vänligen kontakta...
QleanAir, the premium provider of solutions for clean indoor air, is publishing the annual report for the fiscal year 2021. The annual report is enclosed...
QleanAir, premiumleverantören av lösningar för ren inomhusluft, publicerar årsredovisning för räkenskapsåret 2021...
The shareholders in QleanAir AB (publ), reg. no. 556879-4548, are hereby given notice to attend the annual general meeting at 11:00 a.m. on Thursday 12...
Aktieägarna i QleanAir AB (publ), org.nr 556879-4548, kallas härmed till årsstämma torsdagen den 12 maj 2022 klockan 11.00 i QleanAirs...
QleanAir Holding AB (publ), the premium provider of solutions for clean indoor air, announces a large renewal order from the school sector in Germany...
QleanAir Holding AB (publ), premiumleverantören av lösningar för ren inomhusluft, tillkännager en stor förnyelseorder från...
“I am proud that QleanAir continues to grow in its two growth areas: Air Cleaners (formerly Facility Solutions) and Cleanrooms (formerly Room Solutions)...
”Jag är stolt över att QleanAir fortsätter att växa inom sina två tillväxtområden; Air Cleaners (tidigare Facility...
February 11, 2022 Q4 and full year report 2021
May 12, 2022 Q1 report 2022
May 12, 2022 AGM Shareholders meeting 2022
August 10, 2022 Q2 report 2022
November 10, 2022 Q3 report 2022
February 10, 2023 Q4 and full year report 2022

Growth
QleanAir’s objective is to achieve an average annual rate of organic growth of approximately 10 percent in the medium to long-term.

Profitability
QleanAir’s objective is to achieve an EBIT-margin of 15-20 percent in the medium to long- term.

Dividend policy
QleanAir’s objective is that between 30-50 percent of the net profit for the year shall be distributed as dividends to shareholders. The dividend proposal shall take into account QleanAir’s long-term development potential, financial position and investment needs.

Strategy
QleanAir has a clear strategy for realizing continued capital efficiency and profitable growth for the Company. QleanAir’s strategic growth plan is focused on the following initiatives.

  • Expand the sales organization
  • New products and solutions
  • Strategic resource planning
  • Geographic expansion into new markets
  • Expansion into new customer segments
  • Launch new concepts and services

Business concept
QleanAir shall offer modular solutions for indoor air cleaning in order to protect people, products and processes.

Vision
QleanAir’s vision is to become a leading, global provider of premium, modular indoor air cleaning solutions.

Mission
QleanAir operates to create healthy indoor environments that contribute to improved productivity of people, products and processes.

Purpose
Making a real difference through clean air.

Share capital, the shares and owners

The total number of shares as of March 31, 2022, amounted to 14,859,200 and the share capital to MSEK 7.4. After full dilution, the number of shares amounts to 15,170,692 shares. The dilution consists of a maximum of 311,492 warrants issued to employees in senior positions. The maximum dilution effect of the issued warrants in relation to the number of shares amounts to 2.1%

QleanAir AB is listed on Nasdaq First North Premier Growth Market with ticker QAIR. FNCA is a certified advisor, +46 8 528 00 399 and info@fnca.se. QleanAir is covered by Pareto Securities AB and Redeye AB.

Shareholder % capital and votes
Qevirp 41 Ltd 23.6 %
BankInvest 10.1 %
Calandrella Ltd 6.6 %
Avanza Pension 4.9 %
Livförsäkringsbolaget Skandia 4.6 %
Aktia Nordic 4.2 %
Enter Småbolagsfond 4.0 %
BNY Mellon 3.3 %
LGT Bank Ltd 2.7 %
CB LDN Nordic Fund 2.6 %
Ten largest shareholders 66.8 %
Other shareholders 33.2 %
Total 100.0 %

QleanAir has been developing solutions that protect people against indoor air pollution for 30 years. Environmental issues, social and corporate governance, health, and safety have been key priorities for QleanAir since the start. Our air cleaning solutions create a healthy and safe indoor environment for your people, ensure the quality and shelf life of your products, and guarantee the performance of your operations by for example prolonging the lifetime of your equipment. The QleanAir operating company is ISO-certified to environment standard ISO 14001 and quality standard ISO 9001. Our business model is based on renting modular solutions with a performance guarantee. The units and their parts are refurbished, reused, and recycled. A high proportion of operations is outsourced to suppliers who comply with the QleanAir code of conduct. This code of conduct is linked to our sustainability, quality assurance and environment, marketing and health and safety policies. Production and assembly take part on each continent to reduce delivery times and CO2 emissions. Since 2015 the group has quantified the amount of purified air per hour on an ongoing basis.

Number of cleaned Avicii arenas per hour

Corporate governance report

The company applies the Swedish Corporate Governance Code (the Code) and complies with applicable corporate governance laws, primarily the Swedish Companies Act and the Annual Reports Act. This corporate governance report is prepared in accordance with the Swedish Corporate Governance Code (the Code) and has been scrutinized by the company’s auditors. The corporate governance report refers to the calendar year 2020. The company’s share has been admitted to trading on Nasdaq First North Premier Growth Market since 12 December 2019. The Code has been applied since 12 December 2019. For more infomation, see the annual report.

AGM 2022

The company’s Annual General Meeting will be held on May 12, 2022, in Stockholm.

The nomination committee appointed for the 2022 AGM

Magnus Hardmeier, Qevirp 41 Ltd, Chairman
Oskar Börjesson, appointed by Skandia
Bengt Engström, Chairman QleanAir Holding AB
Dan Pitulia, representing Calandrella

Shareholders are welcome to send proposals to the nomination committee prior to the Annual General Meeting.

Contact information:
CFO henrik.resmark@qleanair.com

Nomination committee

The nomination committee consists of Magnus Hardmeier (+46 8 4596760) chairman, Oskar Börjesson, Skandia Fonder and Bengt Engström, chairman of QleanAir Holding AB. The nomination committee appoints one of its members as chairman of the nomination committee. The chairman of the board may not be appointed as chairman of the nomination committee. The term of office of the members of the nomination committee continues until a new nomination committee is appointed. The members of the nomination committee shall not receive any remuneration. The nomination committee shall submit a proposal for the chairman of the annual general meeting, proposals for election and remuneration of board members (including the chairman of the board) and auditor and, where applicable, procedural matters for the next nomination committee

Valberedning

Valberedningen består av Magnus Hardmeier (+46 8 4596760) ordförande, Oskar Börjesson Skandia Fonder och Bengt Engström, ordförande QleanAir Holding AB. Valberedningen utser en av medlemmarna till ordförande i valberedningen. Bolagets styrelseordförande får inte utses till ordförande i valberedningen. Mandatperioden för ledamöterna i valberedningen pågår till dess att en ny valberedning utses. Valberedningens ledamöter ska inte erhålla något arvode. Valberedningen ska lämna förslag till ordförande vid årsstämma, förslag till val och arvodering avseende styrelseledamöter (inkl. styrelseordförande) och revisor samt, i förekommande fall, procedurfrågor för nästkommande valberedning

AGM / EGM

SWEDISH: QleanAir årsstämma den 12 maj 2022

Protokoll från årsstämman 2022 QleanAir AB (PDF, 6,9 MB, Swedish version)

Fullmaktsformulär årsstämma 2022 (PDF, 37 KB, Swedish version)

Kallelse till årsstämma 2022 (PDF, 75 KB, Swedish version)

Punkt 14 – Bilaga A till styrelsens fullständiga förslag (incitamentsprogram) (PDF, 209 KB, Swedish version)

Punkt 14 – Bilaga B till styrelsens fullständiga förslag (incitamentsprogram) (PDF, 213 KB, Swedish version)

Punkt 14 – Styrelsens fullständiga förslag (incitamentsprogram) (PDF, 225 KB, Swedish version)

Valberedningens motiverande yttrande avseende förslag till styrelse i QleanAir AB (PUBL) (PDF, 115 KB, Swedish version)

SWEDISH: QleanAir årsstämma den 12 maj 2021

Protokoll för årsstämma genom poströstning i QleanAir Holding AB (PUBL) 12 maj 2021 (PDF, 2.0 MB, Swedish version)

Valberedningens motiverande yttrande avseende förslag till styrelse i QleanAIr Holding AB (PUBL) (PDF, 1.2 MB, Swedish version)

QleanAir Årsredovisning 2020 (PDF, 0.1 MB, Swedish version)

Styrelsens förslag till vinstutdelning och yttrande över vinstutdelningsförslag (PDF, 0.1 MB, Swedish version)

Formulär för poströstning årsstämma 2021 (PDF, 0.1 MB, Swedish version)

Fullmaktsformulär årsstämma 2021 (PDF, 0.1 MB, Swedish version)

Punkt 13 – Styrelsens fullständiga förslag (incitamentsprogram) (PDF, 0.1 MB, Swedish version)

Punkt 13 – Bilaga A till styrelsens fullständiga förslag (incitamentsprogram) (PDF, 0.1 MB, Swedish version)

Punkt 13 – Bilaga B till styrelsens fullständiga förslag (incitamentsprogram) (PDF, 0.1 MB, Swedish version)

Kallelse till årsstämma 2021 (PDF, 0.1 MB, Swedish version)

SWEDISH: QleanAir extra bolagsstämma den 26 juni 2020

Incitamentsprogram QleanAir 2020 (PDF, 0.1 MB, Swedish version)

Pressmeddelande – Kommuniké från QleanAir extra bolagsstämma juni 2020 (PDF, 0.1 MB, Swedish version)

Protokoll extra bolagsstämma juni 2020 QleanAir Holding AB (PDF, 0.1 MB, Swedish version)

Kallelse till extra bolagsstämma I QleanAir Holding AB publ (PDF, 0.1 MB, Swedish version)

Punkt 6 – Styrelsens fullständiga förslag (incitamentsprogram) – QleanAir extra bolagsstämma 2020 (PDF, 0.2 MB, Swedish version)

Punkt 6 – Bilaga A till styrelsens fullständiga förslag (incitamentsprogram) – QleanAir extra bolagsstämma 2020 (PDF, 0.1 MB, Swedish version)

Punkt 6 – Bilaga B till styrelsens fullständiga förslag (incitamentsprogram) – QleanAir extra bolagsstämma 2020 (PDF, 0.1 MB, Swedish version)

Styrelsens redogörelse enligt 14 kap. 8 § ABL – QleanAir extra bolagsstämma 2020 (PDF, 0.1 MB, Swedish version)

Revisorns yttrande ABL – QleanAir extra bolagsstämma 2020 – QleanAir extra bolagsstämma 2020 (PDF, 0.1 MB, Swedish version)

Fullmaktsformulär – QleanAir extra bolagsstämma 2020 (PDF, 0.1 MB, Swedish version)

Fullmaktsformulär och röstinstruktion – QleanAir extra bolagsstämma 2020 (PDF, 0.1 MB, Swedish version)

SWEDISH: QleanAir årsstämma den 13 maj 2020

Årsstämmoprotokoll 2020 QleanAir Holding AB (PDF, 2.1 MB, Swedish version)

Kallelse till årsstämma 2020 (PDF, 0.1 MB, Swedish version)

QleanAir Årsredovisning 2019 (PDF, 2.7 MB, Swedish version)

Punkt 12 – Valberedningens föreslår ny ordförande och ny ledamot till styrelsen i QleanAir inför årsstämman 2020 (PDF, 0.1 MB, Swedish version)

Punkt 13 – Styrelsens förslag till riktlinjer för ersättning (PDF, 0.2 MB, Swedish version)

Punkt 14 – Styrelsens fullständiga förslag (incitamentsprogram) (PDF, 0.2 MB, Swedish version)

Punkt 14 – Bilaga A till styrelsens fullständiga förslag (incitamentsprogram) (PDF, 0.2 MB, Swedish version)

Punkt 14 – Bilaga B till styrelsens fullständiga förslag (incitamentsprogram) (PDF, 0.2 MB, Swedish version)

QleanAir Holding AB – Särskilt förfarande med anledning av spridningen av Coronavirus (Covid-19) (PDF, 0.2 MB, Swedish version)

Fullmaktsformulär och röstinstruktion – QleanAir årsstämma 2020 (PDF, 0.2 MB, Swedish version)

Fullmaktsformulär årsstämma 2020 (PDF, 0.1 MB, Swedish version)

Bolagsordning (PDF, 0.1 MB, Swedish version)

ENGLISH: QleanAir AGM on May 12, 2022

Minutes of Annual general meeting 2022 QleanAir AB (PDF, 6,9 MB, English version)

Power of Attorney Form AGM 2022 (PDF, 82 KB, English version)

Notice to attend AGM 2022 (PDF, 75 KB, English version)

Item 14 – Schedule A to the board’s complete proposal (incentive programme) (PDF, 205 KB, English version)

Item 14 – Schedule B to the board’s complete proposal (incentive programme) (PDF, 188 KB, English version)

Item 14 – The Board’s complete proposal (incentive programme) (PDF, 225 KB, English version)

The nomination committee’s reasoned statement on its proposal for members of the board of directors of Qleanair AB (PUBL) (PDF, 119 KB, English version)

ENGLISH: QleanAir AGM on May 12, 2021

Minutes of the annual general meeting held through postal voting in QleanAir Holding AB (publ) 12 May 2021 (PDF, 2.0 MB, English version)

The nomination committee’s reasoned statement on its proposal for members of the board of directors of Qleanair Holding AB (PUBL) (PDF, 1.2 MB, English version)

QleanAir Annual Report 2020 (PDF, 0.1 MB, English version)

The board of directors’ proposed resolution on dividend (PDF, 0.1 MB, English version)

Postal Voting Form AGM 2021 (PDF, 0.1 MB, English version)Power of Attorney Form AGM 2021 (PDF, 0.1 MB, English version)

Power of Attorney Form AGM 2021 (PDF, 0.1 MB, English version)

Item 13 – The Board’s complete proposal (incentive programme) (PDF, 0.1 MB, English version)

Item 13 – Schedule A to the boards complete proposal (incentive programme)

Item 13 – Schedule B to the boards complete proposal (incentive programme) (PDF, 0.1 MB, English version)

Notice to attend AGM 2021 (PDF, 0.1 MB, English version)

ENGLISH: QleanAir EGM on June 26, 2020

Incentive Programmes QleanAir 2020 (PDF, 0.1 MB, English version)

Press Release – Bulletin from QleanAir EGM June 2020 (PDF, 0.1 MB, English version)

Minutes of EGM June 2020 QleanAir Holding AB (PDF, 0.1 MB, English version)

Notice to Attend EGM in QleanAir Holding AB publ (PDF, 0.1 MB, English version)

Item 6 – Board_s complete proposal (incentive programme) – QleanAir EGM 2020 (PDF, 0.2 MB, English version)

Item 6 – Schedule A to the board_s complete proposal (incentive programme) – QleanAir EGM 2020 (PDF, 0.1 MB, English version)

Item 6 – Schedule B to the board_s complete proposal (incentive programme) – QleanAir EGM 2020 (PDF, 0.1 MB, English version)

The board of directors’ report as referred to in Chapter 14 Section 8 of the Swedish Companies Act – QleanAir EGM 2020 (PDF, 0.1 MB, English version)

Statement by the auditor – QleanAir EGM 2020 (PDF, 0.1 MB, English version)

Power of Attorney Form – QleanAir EGM 2020 (PDF, 0.1 MB, English version)

Power of Attorney Form and Voting Instruction – QleanAir EGM 2020 (PDF, 0.1 MB, English version)

ENGLISH: QleanAir AGM on May 13, 2020

Minutes of Annual general meeting 2020 QleanAir Holding AB (PDF, 2.1 MB, English version)

Notice of Annual General Meeting 2020 (PDF, 0.1 MB, English version)

QleanAir Annual Report 2019 (PDF, 2.7 MB, English version)

Item 12 – The Nomination Committee of QleanAir proposes new Chairman and new Director to the Board for the 2020 AGM (PDF, 0.1 MB, English version)

Item 13 – Board’s proposed guidelines for remuneration (PDF, 0.2 MB, English version)

Item 14 – Board’s complete proposal (incentive programme) (PDF, 0.2 MB, English version)

Item 14 – Schedule A to the board’s complete proposal (incentive programme) (PDF, 0.2 MB, English version)

Item 14 – Schedule B to the board’s complete proposal (incentive programme) (PDF, 0.2 MB, English version)

QleanAir Holding AB – Special procedure due to the spread of Coronavirus (Covid-19) (PDF, 0.2 MB, English version)

Power of Attorney Form and Voting Instruction – QleanAir AGM 2020 (PDF, 0.2 MB, English version)

Power of Attorney Form AGM 2020 (PDF, 0.1 MB, English version)

Articles of Association (PDF, 0.1 MB, English version)

Christina Lindstedt

Board of directors

Bengt Engström, chairman

Born: 1953Position: Chairman since 2020

Other current positions:
Chairman of Nordic Flanges AB, BEngström/BEngström Förvaltning AB, IFG Duroc. Board member of Bure Equity AB, Scanfil Oy, Real Holding AB, Scandinova Systems AB, Scandinavian Chemotech AB and KTH Executive School AB.

Previous assignments in the last five years:
Chairman/Board member of Prevas AB, Advania AB, Partnertech AB, Opticos AB, Crem International AB, Scandinavian Executive AB.

Other relevant experience:
Bengt holds a Master of Science degree from KTH and has worked in senior positions in various companies since the 1980s. Started as Director Production & Supply Chain at Bofors AB. Then various managerial jobs at Whirlpool such as Global VP Microwave Ovens, Europe VP Manufacturing &Technology and then EVP Whirlpool Corporation and President Whirlpool Europe. After moving home to Sweden, he was CEO of Duni AB and Nordic CEO Fujitsu. In recent years, he has worked as an advisor, board member and investor in both large and small companies.

Independent in relation to QleanAir and its senior executives: Yes.

Independent in relation to major shareholders (as of today): Yes.

Holdings in QleanAir: 22,000 shares (private and through companies, as well as related natural persons’ holdings).

Christina Lindstedt

Mats Hjerpe, board member

Born: 1974Position: Board member since 2012

Other current positions:
Chairman of Smoke Free Systems Finance AB. Board member of Mediaplanet International AB, Mediaplanet Holding AB, Mediaplanet LP AB, 4C Group AB, Hedskog Equity AB, Priveq Holding V AB, Aquilonis AB, Aquilonis Invest AB and CSAM Health AS (Norway). Deputy board member of Priveq Advisory AB, Priveq Investment V(B) AB and Priveq Investment V(A) AB.

Other relevant experience:
Mats has a Master of Science degree in Business and Economics from Stockholm University. He has experience as an investment manager at Priveq Investment where he has also been a partner for eight years. Mats’ area of responsibility at Priveq ranges from identifying investment objects to implementing the growth strategies of owned companies with other owners, boards and management. With regards to several of Priveq’s portfolio companies, Mats has played an active role in issues related to flotation and geographical expansion. He also holds board positions in several of Priveq’s portfolio companies, including 4C Group AB, Mediaplanet and CSAM (Norway). Mats previously worked as a financial analyst with a focus on the health sector at Aragon Fondkommission AB. Mats also has ten years of experience of board assignments in companies in various industries, often with sales of between MSEK 100 and MSEK 2,300.

Independent in relation to QleanAir and its senior executives: Yes.

Independent in relation to major shareholders (as of today):
No. Mats Hjerpe is employed by Priveq Advisory AB and is advisor to Priveq Investment Fund (IV) L.P. which owns 84.6% of the shares in Qevirp 41 Limited, which in turn owns 6,044,890 shares in the company.

Holdings in QleanAir: 0

Christina Lindstedt

Johan Westman, board member

Born: 1959Position: Board member since 2020

Other current positions:
CEO of Metenova AB, board member of Callidus AB.

Previous assignments in the last five years:
Board member and CEO of Biolin Scientific AB, chairman of Metenova AB.

Other relevant experience:
30 years of international business experience in different leading rolls including VP of Marketing, Managing Director, and CEO positions.

Independent in relation to QleanAir and its senior executives: Yes.

Independent in relation to major shareholders (as of today): Yes.

Holdings in QleanAir: 5,000 shares (also refers to related natural persons’ holdings).

Christina Lindstedt

Towe Ressman, board member

Born: 1966Position: Board member since 2021

Other current positions:
Towe is today VP Global Design at Husqvarna Group AB where she started her career in 2006.

Previous assignments in the last five years:
Towe has previously held positions as core team member of the Virtual Innovation Lab and the Digital Solutions Planning and Connectivity Hub at Husqvarna Group.

Other relevant experience:
Towe holds a MSc Industrial Design from Gothenburg University and provides the board with solid industrial design expertise.

Independent in relation to QleanAir and its senior executives: Yes.

Independent in relation to major shareholders (as of today): Yes.

Holdings in QleanAir: 0

Christina Lindstedt

Johan Ryrberg, board member

Born: 1959Position: Board member since 2021

Other current positions:
Johan is today interim CFO with ROL Global.

Previous assignments in the last five years:
Johan has previously held positions as CFO Ovako, interim CFO Perstorp Group and Cabonline Group.

Other relevant experience:
Johan holds a BBA Stockholm School of Economics and provides the board with solid CFO and industrial expertise as Johan held several leading positions, including CFO, during his 20-year career at Camfil Group, a global manufacturer of air filtration systems.

Independent in relation to QleanAir and its senior executives: Yes.

Independent in relation to major shareholders (as of today): Yes.

Holdings in QleanAir: 0

Christina Lindstedt

Christina Lindstedt, CEO

Christina Lindstedt joined QleanAir Scandinavia as COO in May 2020 and as CEO in August 31, 2020. Prior to that she has served as a board member of QleanAir since 2016. Christina has 20 years of experience from various international, business leadership roles at Electrolux, Sony Ericsson and Sony, based in Sweden and abroad. Before joining QleanAir she served as a business advisor through own company to mainly international B2B companies and as a board member.
Other current assignments:
Board member of Scanfil Oyj.
For more detailed informa­tion on Christina, visit her LinkedIn page or contact her here.

67 000 shares, 47 989 warrants / subscription options

Christina Lindstedt

Henrik Resmark, CFO

Henrik Resmark was appointed as Chief Financial Officer for QleanAir Scandinavia in March 2013 and currently head the finance organisation. Henrik held other CFO and corporate finance positions before coming to Qlean­Air Scandinavia; most not­ably at Aros Securities / Nordea Securities, from 1998–2003 and NeuroNova (Newron), from 2003–2013.
Other current assignments:
Board member of Drupps AB.
For more detailed informa­tion on Henrik, visit his LinkedIn page or contact him here.

30 000 shares, 16 716 warrants / subscription options

Christina Lindstedt

Christina Lindstedt, CEO

Christina Lindstedt joined QleanAir Scandinavia as COO in May 2020 and as CEO in August 31, 2020. Prior to that she has served as a board member of QleanAir since 2016. Christina has 20 years of experience from various international, business leadership roles at Electrolux, Sony Ericsson and Sony, based in Sweden and abroad. Before joining QleanAir she served as a business advisor through own company to mainly international B2B companies and as a board member.
Other current assignments:
Board member of Scanfil Oyj.
For more detailed informa­tion on Christina, visit her LinkedIn page or contact her here.

67 000 shares, 47 989 warrants / subscription options

Christina Lindstedt

Henrik Resmark, CFO

Henrik Resmark was appointed as Chief Financial Officer for QleanAir Scandinavia in March 2013 and currently head the finance organisation. Henrik held other CFO and corporate finance positions before coming to Qlean­Air Scandinavia; most not­ably at Aros Securities / Nordea Securities, from 1998–2003 and NeuroNova (Newron), from 2003–2013.
Other current assignments:
Board member of Drupps AB.
For more detailed informa­tion on Henrik, visit his LinkedIn page or contact him here.

30 000 shares, 16 716 warrants / subscription options

Christina Lindstedt

Henrik Fernsund, CMO

Henrik Fernsund joined in 2019 as Global Marketing Director to lead QleanAir Scandinavia’s global marketing and to further develop the QleanAir Scandinavia brand. Henrik brings a genuine passion for clean air from the global air purifier brand Blueair and has over 20 years of experience in creating marketing and brand development both at marketing departments and agencies. For more detailed information on Henrik, visit his LinkedIn page or contact him here.

Christina Lindstedt

Pär Bergdahl, COO

Pär Bergdahl joined the company in 2016 as VP Strategic Sourcing, advanced to VP Operations in 2017 and promoted to COO Oct 2020 in with the global responsibility of Operations, R&D, and IT. Pär’s experience in product management and mechanical engineering had landed him positions over the past decade with companies such as Munters, and Cramo. For more detailed information on Pär, visit his LinkedIn page or contact him here.

Christina Lindstedt

Petra Gustafson, VP of Product Management & Business Development

Petra Gustafson joined QleanAir Scandinavia in October 2021 as VP Product Management and Business Development. Petra has held global leadership roles in product management, service and business development for more than a decade. Prior to joining QleanAir she worked at Munters and Alfa Laval. For more detailed information on Petra, visit her LinkedIn page or contact her here.

Christina Lindstedt

Glen Shimizu, Head of Sales Japan & MD QAS K.K.

Glen Shimizu was appointed as the Country Manager of Japan effective August 2010. In this role, Glen has sales, accounting and operational respon­sibilities related specifically to the Japanese market. Previous to his role at Qlean­Air Scandinavia, Glen was an Executive Marketing Director at General Electric and Representative Director for Steelcase Japan. For more detailed information on Glen, visit his LinkedIn page or contact him here.

Christina Lindstedt

Zachary Douglas, Interim President of QAS Inc

Zachary comes from a role as Head of Product Management and Business Development at QleanAir Inc, which he will partly continue with also in his new capacity. Zachary joined QleanAir in September of 2019. He is an Industrial Engineer with automotive engineering experience at Honda R&D, Americas and business development experience with a group of five privately owned companies. After successfully moving QleanAir’s US supply chain out of Europe and into the US, Zachary became the Director of Product & Business Development. He is currently the leading expert on QleanAir’s materials, supply chain, and capabilities and the driver of various business development initiatives.
For more detailed infor­ma­tion on Zachary Douglas, visit his LinkedIn page or contact him here.

Christina Lindstedt

Pontus Grimberg, VP sales Europe

Pontus Grimberg previously worked for Frico AB, part of Systemair Group, Fagerhults Belysnings AB, and most recently for Alelion Energy Systems AB. He started 28th of March and is our Vice President for Europe. His team consists of Sofie Lundgren, Jacob Laurin, Tobias Willi, and Gunnar Peren. Pontus holds a Master of Science in Chemical Engineering, direction Energy and Environment from Chalmers Technical University, and a diploma in Business Administration from IHM. He speaks German and understands Norwegian apart from Swedish and English.
For more detailed informa­tion on Pontus, visit hhim LinkedIn page or contact him here.

Grant Thornton Sweden AB as auditor, with Anders Meyer as auditor-in-charge.

In respect of the period of time covered by historical financial information in this Prospectus, Per-Göran Mattis from Grant Thornton Sweden AB (Sveavägen 20, 103 94 Stockholm) has been the Company’s auditor. At the extraordinary general meeting held on 7 October 2019, it was resolved to elect Grant Thornton Sweden AB as auditor, with Anders Meyer as auditor- in-charge. The change of auditor was made due to the planned listing of the Company’s shares on First North Premier. The auditor was appointed for the period until the end of the annual general meeting to be held in 2020. Both Per-Göran Mattis and Anders Meyer are authorized auditors and members of FAR.

Adopted on the 2020 AGM on May 13, 2020. N.B. The English text is an unofficial translation and in case of any discrepancies between the Swedish text and the English translation, the Swedish text shall prevail.

BOLAGSORDNING / ARTICLES OF ASSOCIATION

för/for QleanAir Holding AB (org.nr/reg. no. 556879-4548)

§ Firma / Name
Bolagets firma är QleanAir Holding AB. Bolaget är publikt (publ).

The name of the company is QleanAir Holding AB. The company is a public company (publ).

§ Säte / Registered office
Styrelsen har sitt säte i Solna kommun i Stockholms län.

The board of directors’ registered office is in Solna municipality in Stockholm county.

§ Verksamhetsföremål / Object of the company’s business
Bolagets har till föremål för sin verksamhet att direkt eller indirekt genom dotterföretag, bedriva utveckling, produktion och försäljning av energibesparande produkter, luftreningsanläggningar och tekniska system för främjande av miljö jämte därtill hörande service- och underhållsverksamhet, bedriva konsultverksamhet och utbildning inom nämnda verksamhetsområden samt bedriva information och affärsutveckling även som äga och förvalta fast och lös egendom samt annan därmed förenlig verksamhet.

The objects of the company’s business are to, directly or indirectly through subsidiaries, conduct development, production and sales of energy saving products, clean air solutions and technical systems for environmental enhancement and thereto related service and maintenance, provide consultancy services and education within the aforementioned and conduct information and business development activities own and manage real property and movables as well as other activities compatible therewith.

§ Aktiekapital / Share capital
Bolagets aktiekapital ska uppgå till lägst 6 500 000 kronor och högst 26 000 000 kronor.

The company’s share capital shall be not less than SEK 6,500,000 and not more than SEK 26,000,000.

§ Aktier / Shares
Antalet aktier i bolaget ska uppgå till lägst 13 000 000 och högst 52 000 000.

The number of shares in the company shall be no less than 13,000,000 and no more than 52,000,000.

§ Styrelse / Board of directors
Styrelsen ska bestå av lägst tre (3) och högst sju (7) styrelseledamöter utan suppleanter.

The board of directors shall consist of not less than three (3) and not more than seven(7) members without deputy members.

§ Revisor / Auditor
Bolaget ska ha lägst en (1) och högst två (2) revisorer med högst två (2) revisorssuppleanter. Till revisor samt, i förekommande fall, revisorssuppleant ska utses auktoriserad revisor eller registrerat revisionsbolag.

The company shall have not less than one (1) and not more than two (2) auditors with not more than two (2) deputy auditors. The auditor(s), or deputy auditor(s) (as applicable), shall be an authorized public accountant or a registered public accounting firm.

§ Kallelse till bolagsstämma / Notice of general meetings
Kallelse till bolagsstämma ska ske genom annonsering i Post- och Inrikes Tidningar samt genom att kallelsen hålls tillgänglig på bolagets webbplats. Vid tidpunkten för kallelse ska information om att kallelse skett annonseras i Dagens Industri.

Notices of general meetings shall be made by announcement in the Swedish Official Gazette (Sw. Post- och Inrikes Tidningar) and by making the notice available on the company’s website. At the same time as notice is given it shall be announced in Dagens Industri that a notice has been made.

Aktieägare som vill delta i förhandlingarna vid bolagsstämma ska göra anmälan till bolaget senast den dag som anges i kallelsen till stämman. Aktieägare får ha med sig biträden vid bolagsstämman endast om han eller hon anmäler antalet biträden till bolaget i enlighet med det förfarande som gäller för aktieägares anmälan till bolagsstämma.

Shareholders wishing to participate in general meetings must notify the company no later than the date specified in the notice of the general meeting. A shareholder may be accompanied by

advisors at a general meeting only if he or she notifies the company of the number of advisors in accordance with the procedure prescribed for in respect of notice of attendance to be made by a shareholder.

§ Ärenden på årsstämman / Matters to be addressed at the annual general meeting
Vid årsstämman ska följande ärenden förekomma till behandling:

Val av ordförande vid stämman;
Upprättande och godkännande av röstlängd;
Godkännande av dagordningen;
Val av en (1) eller två (2) justeringspersoner;
Prövning av om bolagsstämman blivit behörigen sammankallad;
Framläggande av årsredovisningen och revisionsberättelsen samt, i förekommande fall, koncernredovisningen och koncernrevisionsberättelsen;
Beslut om fastställande av resultaträkningen och balansräkningen samt, i förekommande fall, koncernresultaträkningen och koncernbalansräkningen;
Beslut om dispositioner beträffande bolagets vinst eller förlust enligt den fastställda balansräkningen;
Beslut om ansvarsfrihet åt styrelseledamöterna och verkställande direktören;
Fastställande av antalet styrelseledamöter och antalet revisorer och eventuella revisorssuppleanter;
Fastställande av arvoden åt styrelsen och revisorer;
Val av styrelseledamöter, revisorer och eventuella revisorssuppleanter; samt
Annat ärende som ankommer på stämman enligt aktiebolagslagen eller bolagsordningen.

The following matters shall be addressed at the annual general meeting:

Election of chairman of the meeting;
Preparation and approval of the voting list;
Approval of the agenda;
Election of one (1) or two (2) persons who shall approve the minutes of the meeting;
Determination of whether the meeting has been duly convened;
Submission of the annual report and the auditors’ report and, where applicable, the consolidated financial statements and the auditors’ report on the group;
Resolution in respect of adoption of the profit and loss statement and the balance sheet and, where applicable, the consolidated profit and loss statement and the consolidated balance sheet;
Resolution in respect of allocation of the company’s profit or loss according to the adopted balance sheet;
Resolution in respect of the members of the board of directors’ and the managing director’s discharge from liability;
Determination of the number of members of the board of directors and the number of auditors and, where applicable, deputy auditors;
Determination of fees payable to the members of the board of directors and the auditors;
Election of the members of the board of directors, auditors and, where applicable, deputy auditors; and
Other matters which are set out in the Swedish Companies Act or the company’s articles of association.

§ Fullmaktsinsamling och poströstning / Collection of proxy forms and postal voting
Styrelsen får samla in fullmakter på bolagets bekostnad enligt det förfarande som anges i 7 kap. 4 § andra stycket aktiebolagslagen. Styrelsen får även, inför en bolagsstämma, besluta att aktieägarna ska kunna utöva sin rösträtt per post enligt det förfarande som anges i 7 kap. 4 a § andra stycket aktiebolagslagen.

The board of directors may collect proxies at the company’s expense pursuant to the procedure stated in Chapter 7, section 4, second paragraph of the Swedish Companies Act. The board of directors may also, prior to a general meeting, resolve that shareholders shall have the option to exercise their voting rights by means of postal voting pursuant to the procedure stated in Chapter 7, section 4 a, second paragraph of the Swedish Companies Act.

§ Räkenskapsår / Financial year
Bolagets räkenskapsår är 1 januari – 31 december.

The company’s financial year is 1 January – 31 December.

§ Avstämningsförbehåll / CSD clause
Bolagets aktier ska vara registrerade i ett avstämningsregister enligt lagen (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument.

The shares of the company shall be registered in a CSD register in accordance with the Central Securities Depositaries and Financial Instruments Accounts Act (Sw. lagen (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument).

Contact us for further investor related information

Christina Lindstedt
CEO

Phone
+46 706 77 28 77

Email
christina.lindstedt@qleanair.com

Henrik Resmark
CFO

Phone
+46 702 60 09 17

Email
henrik.resmark@qleanair.com

Disclaimer
The information contained in this section of the website is restricted and is not for release, publication or distribution, directly or indirectly, in whole or in part, into or from the United States, Canada, Australia, Japan, Hong Kong, New Zealand, Switzerland, Singapore, South Africa or any jurisdiction where to do so might constitute a violation of the local securities laws or regulations of such jurisdiction.

Subscription period for the general public in Sweden 3-10 December 2019
Subscription period for institutional investors 3-10 December 2019
First day of trading at Nasdaq First North Premier Growth Market 12 December 2019
Settlement date 16 December 2019