Oriflame Cosmetics S.A. held its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) in Luxembourg today. Robert af Jochnick, Lennart Björk, Magnus Brännström, Helle Kruse-Nielsen, Jonas af Jochnick and Christian Salamon were re-elected, and Marie Ehrling, Lilian Fossum and Alexander af Jochnick were elected to serve as members of the Board of Directors of the Company until the next Annual General Meeting. Robert af Jochnick was re-elected to serve as Chairman of the Board until the next Annual General Meeting. KPMG Audit Sarl was elected auditors.
The AGM approved the Board of Director's resolution that a dividend of EUR 1.01 per share (or the Swedish Krona equivalent per Swedish Depository Receipt) shall be paid in cash. Last day of trading in the Oriflame share including right to receive dividend is 21 May 2007. Payment of the dividend is expected to occur through VPC on 29 May 2007.
The EGM approved the alteration of article 12 of the Articles of Association of the Company regarding the maximum number of Directors of the Board as set out in the AGM and EGM convening notice.
The shareholders of the Company approved all other resolutions that were proposed at the Annual General Meeting and at the Extraordinary General Meeting.
The press release can also be downloaded from the following link: