Private
Business
Developers
Frank Schuil
Education:Bachelor's degree in International Media & Entertainment Management at the University of Breda.
Experience:Frank is a serial entrepreneur and keynote speaker with over 13 years of experience. Frank is adviser to Innobridge, member of the Scandanavian Cryptocurrency Director Group and advisor to the Lifeboat Foundations New Money Systems Board. Former city leader at BitAngels, advisor to ICON, senior adviser at Centigo and Nordic Ambassador at Innovate Finance.
Other commitments:No commitments outside Safello Group.
Independence:Not independent in relation to the company and its management and not independent in relation to major shareholders.
Holdings:4,031,260 shares via Frank Schuil BV (as of 31 March 2023). Frank Schuil owns 100% of Frank Schuil BV. 60,812 shares held directly.183,043 warrants
Jacob Jacobsson
Education:Master of Science in Computer Science and Electrical Engineering at the Royal Institute of Technology, Stockholm.
Experience:Jacob is a serial entrepreneur with experience from several startups, five exits/IPOs and over 25 years of experience as CEO. He is also a Board member/chairman of several public and privately held companies.
Other commitments:Director / Chairman of Seven Sensing Software, Advanced Telesensors and Cymbet, Director of Micron, Newscale and Vidatronic.
Independence:Independent in relation to the company and its management and independent in relation to major shareholders.
Holdings:180,280 shares (as of 31 March 2023).40,000 warrants
ViktorF r i t z é n
Education:M.Sc. in Business and Administration, with Finance as a major, from Stockholm School of Economics.
Experience:Viktor has experience as a professional board member in numerous listed and non-listed companies within the financial industry, including Avanza and CoinShares. Prior to that, he served as the CFO of LeoVegas gaming group, which he was part of growing from a startup to a listed company. Beginning his career in equity research at Goldman Sachs, he has since held various roles in investment banking within the technology sector.
Other commitments:Chairman of the board of Appjobs Sweden AB. Director of the board of CoinShares International Ltd, Beyond Zebra AB, Cithara BidCo AB, Cithara HoldCo AB and StickerApp Holding AB.
Independence:Independent in relation to the company and its management and independent in relation to major shareholders.
Holdings:No shares or other financial instruments.-
Sepehr Alavi
Education:Bachelor's degree in financial economics from Concordia University.
Experience:Sepehr is General Partner at White Star Capital with extensive expertise in the crypto industry. White Star invests and manages a dedicated crypto fund, WSC Digital Asset. In addition to leading White Star's Digital Asset fund, Sepehr provides extensive investment expertise in the sector as investors in more than 12 digital asset and blockchain companies. His crypto portfolio and traditional financial relationships are added value for Safello.
Other commitments:General Partner at White Star Capital.
Independence:Independent in relation to the company and its management, not independent in relation to major shareholders.
Holdings:2,370,749 shares via White Star Capital and Residence Ventures LLC (as of 31 March 2023).
EmelieM o r i t z
Education:Law degree from Uppsala University
Experience:Emelie has experience from Carnegie Investment Bank, Avanza Bank as business lawyer and from Fondab as COO.
Other commitments:No commitments outside Safello Group.
Holdings:90,544 shares (as of 31 March 2023).8,412 warrants
Johan Edin
Education:M.Sc. in Business and Administration, with Finance as a major, from the Stockholm School of Economics.
Experience:Johan has over 12 years of experience in investment banking (DCM and ECM) from DNB Bank, Arctic Securities, Citigroup and Goldman Sachs. In addition, experience as a CFO in the energy sector, as well as entrepreneurial experience in the hospitality industry.
Other commitments:No commitments outside Safello Group.
Holdings:8,960 shares via endowment insurance (as of 31 mars 2023).116,482 warrants
Helén Landenberg Rämsell
Education:LL.M., Stockholm University
Experience:Helén has over 7 years of experience as lawyer with business law firms (KANTER Advokatbyrå and Gernandt & Danielsson Advokatbyrå), where she has been practicing mainly in the areas of M&A, capital markets and company law. She also has experience from client secondment on ICA Gruppen as legal counsel.
Other commitments:No commitments outside Safello Group.
Holdings:0 shares (as of 31 March 2023).38,035 warrants
Niklas Dusenlund
Education:Master of Science, Electrical Engineering, Lund University.
Experience:Niklas has 9 years experience of software engineering (Cosylab Slovenia, Sweden and Switzerland, Shift Cryptosecurity, Klarna) within different domains of which three years are within crypto. He also has experience as Head of engineering at Shift Cryptosecurity.
Other commitments:No commitments outside Safello Group.
Holdings:-
The Annual General Meeting of Safe, 04.00 pm CET at MAQS Advokatbyrå AB at Stureplan 19 in Stockholm. It is also possible to vote in advance by submitting a postal vote.
Shareholders who wish to participate in the Annual General Meeting must be registered in the shareholder register maintained by Euroclear Sweden AB (”Euroclear”) as per Tuesday 25 April 2023, or, if the shares are nominee-registered, request the nominee to register the shares in the shareholder’s own name by Thursday 27 April 2023, and also notify their intention to participate alternatively having submitted a postal vote in such a manner that the Company has received the postal vote by Tuesday 27 April 2023. Further instructions and complete proposals for resolutions are set forth in the notice.
Notice to the Annual General Meeting
PDFMinutes from the AGM
PDFUpdated proposal regarding incentive program (item 15)
PDFCV Viktor Fritzén
PDFProposed warrant terms and conditions (M 2023/2026)
PDFProposed warrant terms and conditions (B 2023/2026)
PDFPostal voting form
PDFAnnual Report 2022
PDFProposed Articles of Association
PDFProxy form
PDFThe Annual General Meeting of Safello Group AB (publ) was held on 27 April 2022 without physical presence of shareholders, proxies or external parties by advance voting per mail pursuant to the Swedish Act (2022:121) on Temporary Exemptions to Facilitate the Execution of General Meetings in Companies and Associations.
Below is the notice to the AGM including the complete proposals and other related documents.
Minutes from the AGM
PDFAppendix 1 Kallelse / Notice
PDFAppendix 2 Formulär för poströstning / Form of mail vote
PDFAppendix 3 Sammanställning av resultatet av poströster / Compilation of the aggregate result of the mail votes
PDFAppendix 5 Årsredovisning / Annual Report
PDFAppendix 6 Ny bolagsordning / New Articles of Association
PDFProxy form
PDFCEO Frank Schuil and CFO Johan Edin present and comment on the financial year 2021. You can access the presentation here. If you have any questions, post them in the comments section. Please note that the presentation does not form part of the formal Annual General Meeting.
Amudova AB is Certified Adviser to Safello Group AB.
info@amudova.sec/o Nybrogatan Business Center, BOX 5855, 102 40 Stockholm
Safello Group AB has established one incentive program for management and staff and one for members of the board of directors. At the Annual General Meeting on 12 March 2021 it was decided to offer up to a total of 100,000 warrants (Sw: teckningsoptioner) to the members of the board of directors and up to a total of 950,875 warrants for management and employees. The warrants were offered to the eligible persons at an independently assessed market value of SEK 0,69 per warrant, based on the Black and Scholes model for option valuation.
In total, 100,000 warrants were subscribed for by members of the board of directors and 891,068 warrants were subscribed to by management and employees. The total number of subscribed for and paid warrants amounts to 991,068.
The program has a duration of 3 years and each warrant gives the right to acquire one share in Safello Group AB at a price of SEK 23.63 during the period 1 March to 30 April 2024.
If the acquired warrants are exercised in full, the number of shares issued by the Company will increase by 991,068, equivalent to a dilution for existing shareholders of 4.6%.
Download Safello Group AB’s Articles of Association here.
Safello Group AB has appointed WeAudit Sweden AB as its auditing firm with Mikael Stefan Köver as principal auditor.