Sivers Semiconductors AB has officially announced its upcoming Extraordinary General Meeting, set to take place on October 22, 2026, in Stockholm . The crucial gathering will address key corporate adjustments designed to support the firm’s expanding international footprint and upcoming commercial milestones.
Shareholders can participate in person or utilize postal voting provisions ahead of the strict deadlines in October . These strategic governance updates arrive as the tech enterprise continues to scale its operations globally.
Corporate Governance and Auditor Transition
A major focal point of the meeting agenda involves a proposal by the Nomination Committee to transition the company’s auditing firm. Shareholders will vote on replacing Deloitte AB with Ernst & Young AB to better reflect the organization’s evolving scale.
This administrative shift directly aligns with the company’s accelerated international presence and active preparations for a prospective U.S. dual listing. Adapting corporate structures ensures maximum transparency for global stakeholders and institutional investors alike.
Incentive Programs and Share Authorizations
To retain top-tier talent across worldwide offices, the board has introduced a brand-new long-term stock option program designated as P11. The initiative features up to 7,280,000 stock options structured without performance conditions, accompanied by a three-year vesting period and an exercise price premium of 110 percent.
Additional administrative resolutions include requests to authorize the board to issue and repurchase Series C shares. These measures will efficiently secure necessary social security fees and facilitate the smooth execution of the P11 incentive scheme.
Meeting Participation Requirements
Implementing the P11 stock option framework demands approval from at least nine-tenths of both the votes cast and shares represented at the assembly. Meanwhile, general share authorizations for upcoming issuances and repurchases require a standard two-thirds majority approval.
Interested parties must ensure their shares are registered with Euroclear Sweden AB by October 14, followed by a formal attendance notice submission by October 16, 2026 . Comprehensive documentation and postal voting forms remain fully accessible through the official corporate website .
Here is the source article for this story: Notice to attend an Extraordinary General Meeting of Sivers Semiconductors AB
