TONO's 2021 annual meeting was held on June 8, but problems with registering proxies meant that the vote on two issues had to be postponed to an extraordinary annual meeting over the summer.
/ 09/06/2021 / Willy MartinsenDuring the vote on a proposed amendment to the statutes at TONO's annual meeting on Tuesday, it unfortunately turned out that a technical problem with the registration of some proxies meant that the vote could not be carried out in a 100 percent responsible manner.
– It became clear during the vote that a number of the annual meeting participants with a proxy were not correctly registered in the meeting tool. It turned out afterwards that this involved 25 out of a total of 417 registered votes. The vote was then alternatively carried out by e-mail, but in the interests of confidence in the election and for purely practical reasons, it was decided to postpone the votes to an extraordinary annual meeting that will be set up over the summer, says Communications Manager Willy Martinsen. – This was naturally a frustrating experience for the annual meeting participants, and TONO's board and administration deeply regret that it happened. Work is now and in the days ahead to thoroughly analyze how the problems could have arisen so that we can ensure that it does not happen again.
It will be announced shortly when the extraordinary annual meeting will be held. TONO shareholders will be notified of this directly by email.
The vote that went wrong was on a proposal for amendments to the articles of association from shareholder Ole Henrik Antonsen regarding majority requirements for amendments to the articles of association and for board decisions on matters of settlement and cultural funds. It was also decided to postpone elections to the board and other positions of trust until the extraordinary annual meeting, at the request of the chairman of the election committee, Lars Martin Myhre, who said that the problem with the proxy registration meant that it would not be possible to vote on any submitted bench proposals in a trust-inspiring and good manner.
Despite problems with the voting, the chairman of the meeting, attorney Stig Berge, stated that the previous matters at the annual meeting had been carried out in accordance with the regulations. This means, among other things, that the annual accounts and annual results were approved after auditor Rune Bergseng from Nitschke AS had no comments on the annual accounts, and that TONO's control committee also recommended the presented annual report and annual accounts. There were also no comments on the use of cultural funds by the group associations NOPA, the Norwegian Composers' Association and the Music Publishers.