The new law on temporary exceptions to facilitate general meetings in companies and associations entered into force on 15 April 2020. The law allows limited companies to hold general meetings with retained shareholder influence without the shareholders having to be physically present at the general meeting. In order to facilitate for shareholders and limited companies, Euroclear Sweden is now launching a digital service for postal voting at general meetings.
Euroclear Sweden’s new service allows shareholders to place their votes digitally ahead of the general meetings. Shareholders can use BankID verification on Euroclear Sweden’s website to send their postal vote to the general meeting. Thus, the shareholders do not need to be physically present at the annual general meeting in order to vote.