Contents Active Biotech in brief Comments from the CEO Directors' report THE GROUP 3 4 6 Annual General Meeting The Annual General Meeting of Active Biotech AB (publ) is to be held on Thursday, May 7, 2009 at 5:00 p.m. at the company's premises at Scheelevägen 22 in Lund, Sweden. Shareholders who wish to participate in the Meeting must (a) be recorded in the register of shareholders maintained by Euroclear Sweden AB (formerly VPC AB) on Thursday, April 30, 2009 and (b), notify the company of their intention to participate in the Meeting not later than 4:00 p.m. on Thursday, April 30, 2009. Shareholders who have trustee-registered shares must temporarily re-register the shares in their own name with Euroclear Sweden to be entitled to participate in the Meeting. This registration must be completed not later than Thursday, April 30, 2009. Accordingly, shareholders must inform the trustee of this request in ample time prior to this date. Income Statement Cash-flow statement Balance Sheet Changes in shareholders' equity THE PARENT COMPANY 13 13 13 14 Income Statement Cash-flow statement Balance Sheet Changes in shareholders' equity Notes to the financial reports Audit Report Financial development The share Intellectual property rights Corporate Governance Report 2008 Board of Directors and Auditors Management Group Glossary Business concept, goals and strategy 14 14 15 15 16 37 38 39 42 43 46 47 48 48 Notice of participation Notice of participation can be made in writing to Active Biotech AB (publ), Attn. Susanne Jönsson, PO Box 724, SE-220 07 Lund, Sweden, by fax +46 (0)46-19 20 50, by telephone to +46 (0)46-19 20 00 or by e-mail to email@example.com. The notice shall include name, personal/corporate registration number, number of shares held, daytime telephone number and, if applicable, the number of advisors (two at the most) that will accompany the shareholder at the Meeting. The notice of the Annual General Meeting is available in its entirety on the company's website www.activebiotech.com. Annual Report 2008 Financial information Interim report (Q1) April 23, 2009 Annual General Meeting May 7, 2009 Interim report (Q2) Aug 6, 2009 Interim report (Q3) Nov 5, 2009 Year-end report for 2009 Feb 11, 2010 Financial information can be requested from Active Biotech AB, PO Box 724, SE-220 07 Lund, Sweden. Telephone +46 (0)46-19 20 00, fax +46 (0)46-19 11 00. Information can also be obtained from our website www.activebiotech.com. This Annual Report contains forward-looking information regarding Active Biotech. Although we believe that our expectations are based on reasonable assumptions, forward-looking statements could be affected by factors causing the actual outcome and trend to differ materially from the forecast. The forward-looking statements comprise various risks and uncertainties. There are significant factors that could cause the actual outcome to differ from that implied by these forwardlooking statements, some of which are beyond our control. These include the risk that patent rights might expire or be lost, exchange-rate fluctuations, the risk that research and development operations do not result in commercially successful new products, competition effects, tax risks, effects resulting from the failure of a third party to deliver products or services, difficulties in obtaining and maintaining official approval for products, and environmentalresponsibility risks.