Stockholm District Court
Case number:

Ä 2676-25
Exhibit 93

Hilma af Klint NFT – Without Board Resolution

On 2022-11-03, Ulrika af Klint sent an email to the board suggesting times for a board meeting to discuss the situation that had arisen with the NFT sale. She noted that no board resolution had been made regarding the NFT project and requested that the matter be formally addressed before the sale.

On 2022-11-04, Tomas Billing stated in an email that there was nothing to decide on, as in his view it was Stolpe’s right to sell NFTs. He referred to previously transferred rights. He suggested waiting to see the outcome of the launch before taking further action. He went on to argue that this was a matter for Bokförlaget Stolpe and that there was nothing improper in the fact that the foundation had not been informed.

On 2022-11-04, Kjell A. Nordström agreed with Tomas Billing in an email, writing that the foundation was not a decision-making party in the NFT matter.

On 2022-11-07, Kurt Almqvist first wrote in an email that it was a case of a failure of communication, but later changed his position and claimed that Stolpe had no duty to inform the foundation. He wrote that the matter was now “settled” since the board had been informed.

On 2022-11-07, Ulf Wagner confirmed in an email that there had indeed been a communication failure and that improvements should be made in the future.

Stockholm District Court
Case number:

Ä 2676-25
Exhibit 81
Pages 27–28

Gross Misconduct as Grounds for Dismissal

The former board (2019–2022) has consistently violated fundamental principles of foundation management.

Among the most serious violations is that Daniel Birnbaum participated in decisions that benefited his own company, Acute Art, regarding the agreement on the production of a VR version, at the board meeting on 2021-06-01, ab 71 exhibit 82, § 10. Daniel Birnbaum did not disclose at the meeting that he was a co-owner and employee of Acute Art. AR is not mentioned at all during the board meeting, yet the agreement later turned out to cover both VR and AR versions.

Kurt Almqvist failed to declare a conflict of interest despite simultaneously serving on the boards of both the Foundation and Bokförlaget Stolpe– the commercial actor with whom the AR/VR and NFT agreements were signed, and who has profited from several products created during their time as board members of the Hilma af Klint Foundation.

Kjell A. Nordström, at the time of the NFT agreements, was a board member of both the Foundation and Bokförlaget Stolpe, and likewise failed to declare a conflict of interest. Notably, no competitive procurement process was carried out; instead, they chose to benefit their own enterprises by entering into unfair agreements to the detriment of the Foundation, without considering whether the Works could be exhibited as VR/AR versions in relation to § 4 of the Foundation’s statutes.

Furthermore, extensive agreements regarding NFT, AR/VR, and commercial products were signed without formal board resolutions. When this was later discovered, efforts were actively made to protect these invalid agreements by approving them retroactively instead of safeguarding the Foundation’s best interests, its purpose, and legal security.

Lawyers from Gernandt & Danielsson Advokatbyrå played a central role in drafting these agreements and were subsequently sanctioned by the Swedish Bar Association’s Disciplinary Committee for breaching proper professional conduct in favor of the Foundation’s counterparties.

The overall pattern demonstrates a systematic and serious neglect of the Foundation’s best interests – where conflicts of interest, lack of transparency, and disloyalty through the signing of unfair agreements have gravely harmed the Foundation. Altogether, this provides strong grounds for dismissing the current board members under Chapter 9, Section 6, first paragraph of the Swedish Foundations Act.

Stockholm County Administration
Reference number:

43551-2025

Anders Kumlander resigns as board member of the Hilma af Klint Foundation
19 August 2025

Notice of Resignation

At a meeting on December 14, 2022, the board of the Hilma af Klint Foundation appointed me as a board member of the foundation. This decision was confirmed by the board of the Anthroposophical Society in Sweden through a decision on February 26, 2023. The County Administrative Board of Stockholm registered me as a new board member of the foundation on April 6, 2023.

I hereby am compelled to [redacted] tender my resignation as a board member of the Hilma af Klint Foundation with immediate effect.

Ytterjärna, as above
Anders Kumlander

Stockholm County Administration
Reference number:

27063-2025

County Administrative Board reviews the Hilma af Klint Foundation

Review pursuant to the Foundations Act (1994:1220)

The County Administrative Board reviews the management of the Hilma af Klint Foundation based on the annual report, the foundation deed, and other available information.

The County Administrative Board requests the following documents and information pursuant to Chapter 9, Section 4 of the Foundations Act:

1. a) Copy of the register which, according to §5 third paragraph of the foundation deed/bylaws, shall be maintained over sold objects (paintings and writings).
   b) Copy of the estate inventory after Hilma af Klint and the list that the foundation deed refers to, as recorded by Olof Sundström in 1945.

2. The board’s minutes regarding the sales (§5 of the bylaws).

3. The board’s statement regarding interpretation of the foundation’s circle of beneficiaries (“entitled to view”) in §4 of the bylaws. The statement must be dealt with at a new board meeting.

4. Has the foundation entered into any agreement for the sale of artworks with David Zwirner Gallery, LLC, New York? If yes, submit supporting documents showing that the board has conducted an assessment pursuant to §5 second paragraph of the foundation’s bylaws.

5. Has the foundation entered into a representation agreement with David Zwirner Gallery, LLC, New York? If yes, what does this part (exclusive representative worldwide) of the agreement entail? Does the board consider there to be a need for an “exclusive representative” of the foundation’s art? How will the board ensure that exhibitions are conditioned according to the foundation’s circle of beneficiaries, §§4–5 of the bylaws? Submit relevant documents supporting your response.

6. Provide information on other agreements entered into by the foundation concerning the sale of the foundation’s art or rights to the foundation’s art. Submit the board’s assessment prior to any such agreements, cf. §5 second paragraph of the foundation’s bylaws.

7. Is there a commercial agreement with Bokförlaget Stolpe AB regarding NFTs being sold? If so, provide a copy. Is there permission for the publishing house to digitize the art? Provide a copy of that permission. How did the foundation argue in such a case? cf. §§4–5 of the bylaws.

8. There are reports of a planned museum for Hilma’s art. Has a museum for Hilma’s art been established? If yes, provide a statement on how the board applies §§4–5 of the bylaws to such a museum.

9. Copy of deed of gift or other documentation, e.g., letters from Anna Casell or Hilma af Klint regarding Anna Casell’s art. Has any heir of Anna Casell requested the art?

10. Inventory of works by Anna Casell held by the foundation. Provide information on the location of the works. Who holds the key to that location?
    
    

11. Annual report for fiscal year 2023, submit:
    -Specification of the foundation’s revenues: grants, net turnover, donations, other operating revenues.
    -Specification of the foundation’s expenses: other external costs, other operating costs.
12. -Specification of the foundation’s expenses: other external costs, other operating costs.
    1. • The annual report for fiscal year 2023 states 8 exhibitions of Hilma’s art.

       • Exhibitions at Moderna Museet

       • Exhibition at Kunstsammlung Nordrhein-Westfalen in Düsseldorf

       • Exhibition at Tate Modern in London

       • Exhibition at Kunstmuseum Den Haag in The Hague

    • Submit the board’s statement on how each exhibition fulfills the requirements for exhibition to the proper circle of beneficiaries (§§4–5 of the bylaws). How has the foundation ensured this, e.g., in exhibition agreements?

13. The chairperson convened a board meeting on May 7, 2025. No board member, except the chairperson, attended. Each board member must state the reason for their absence.
14. There are reports that the board commissioned an opinion from Katarina Olsson regarding interpretation of the bylaws. If it is completed by the deadline, it must be submitted.
    
    

The requested documents and information must be submitted no later than August 12, 2025.
State the case number when submitting the documents. Documents prepared in English or another language must be submitted translated into Swedish by an authorized translator (a list is available on the Legal, Financial and Administrative Services Agency’s website).

The Stolpe Agreements
Strictly confidential?

Stockholm County Administration
Reference number:

13889-2024 (5)
(Catalogue raisonné, in other agreements called "the Main Agreement")

2019-03-31
1. Parties

Stolpe Publishing AB org.nr 556784-2041, c/o Axel and Margaret Ax:son Johnson Foundation for Public Benefit, Stureplan 3, 103 75 Stockholm and
The Hilma af Klint Foundation org.nr 802425-1780, Mailbox 499, 114 11 Stockholm.

3.5 The parties agree that this agreement does not grant Stolpe Publishing AB any other rights than those expressly stated herein, and that all rights between the parties regarding the reproduction in any form of Hilma af Klint's works belong to The Hilma af Klint Foundation, including so-called catalogue protection.

4.3 The parties are not entitled to assign their rights and obligations under this agreement to a third party without the written consent of the other party.

Stockholm County Administration
Reference number:

11413-2023-2.4
(VR- Virtual Reality)

                                                                                                                   [Strictly Confidential]

Additional agreement
1. Parties
1.1 The Publishing Company Stolpe AB, Org.nr. 556784-2041 (”the Publishing
Company”); and

1.2 The Hilma af Klint Foundation, org.nr. 802425-1780 (”the Foundation”).

Stockholm County Administration
Reference number:

11413-2023-2.5
(NFT- Non fungible token)

                                                                                                                     [Strictly Confidential]

"The Parties now wishes to clarify some aspects in this Additional Agreement # 1. The
Parties have therefore entered into this Additional Agreement # 2."

The plaintiffs have acted disloyally

Stockholm District Court 
Oral preparation in case T6919-23
2024-03-04

"Juhani Selvani, Katarina Kaila De Voto, and Anders Kumlander request that the district court shall confirm their right to represent the Foundation as members of the Foundation's board."

"The currently registered board, including the plaintiffs, continues the agenda of the former board and intends to sell works in order to build a museum with the proceeds."

"Under the chairman's leadership, the parties conduct settlement discussions. It is noted that currently there are no conditions for reaching a settlement."

NFTs on the GODA platform were not endorsed by the Hilma af Klint Foundation

"Ulrika af Klint has, due to the Hilma af Klint NFT launch, since Tuesday, November 1, 2022, on several occasions, requested a report from the Foundation's CEO."

"... there is no board decision made by the Foundation's board or a valid agreement regarding the produced Hilma af Klint NFTs, neither in Sweden nor anywhere else in the world"

The so called "CEO" Jessica Höglund's salary was funded by the Ax:son Johnson Foundation for Public Benefit

"EaK (Erik af Klint) stated that the Foundation's costs for the CEO are too high, especially in light of the fact that the Foundation's funding from the Johnsson Foundation has ceased"

UW (Ulf Wagner) informed that the Johnson Foundation (Axel & Margaret Ax:son Johnson Foundation for Publiv Benefit) made a donation to the Foundation totaling 4,332,000 SEK, disbursed over a period of three years with an amount of 1,444,000 SEK per year. The purpose of the donation was to cover the salary costs for JH (Jessica Höglund) and an assistant.

Jessica Höglund's responsibilities towards the Foundations board and its chairman.

"Between board meetings, keep the chairman of the board informed of matters of significant importance for the development of the foundation's operations."

The board of Stolpe Publishing which is owned by an Ax:son Johnson company (Nordstjernan Holding AB)

"The meeting appointed Viveca Ax:son Johnson, Kjell A Nordström, and Kurt Almqvist as new board members." (1st of June 2022)

Kurt Almqvist falsely claims that the Hilma af Klint Foundation is a non-profit organization

"...according to Kurt Almqvist, the foundation is a non-profit organization and not a family foundation."

"...the Administrative Court of Appeal to conclude that the foundation's activities constitute taxable business operations as referred to in Chapter 13, Section 1 of the Income Tax Act."

"The Administrative Court of Appeal considers that Johan af Klint, in his capacity as chairman, represents the af Klint family and thus has an interest in ensuring that the family's foundation property is managed properly."