The Annual General Meeting of
Adoption of income statements and balance sheets and discharge from liability
The Annual General Meeting adopted the parent company's and the Group's income statements and balance sheets. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2019.
Dividend
The Annual General Meeting approved the dividend of
Election of the Board of Directors and auditor
The Annual General Meeting re-elected
The Annual General Meeting elected the registered audit firm
Remuneration to the Board of Directors and the auditor
The remuneration to the Board of Directors remains unchanged and will totally amount to
Resolution regarding establishment of guidelines for remuneration to senior executives
The Annual General Meeting resolved, in accordance with the Board of Directors' previously published proposal, to adopt guidelines for remuneration to senior executives.
Resolution regarding authorization to repurchase and transfer Series B shares in the company
The Annual General Meeting resolved, in accordance with the Board of Directors' previously published proposal, to authorize the Board of Directors to, on one or more occasions, repurchase Series B shares in the company for the period up until the Annual General Meeting 2021. The repurchase shall maximum comprise so many Series B shares that the company's holding does not at any time exceed 10 per cent of the total number of shares in the company.
Resolution regarding a long-term incentive program
The Annual General Meeting resolved, in accordance with the Board of Directors' previously published proposal, to implement a long-term incentive program for senior executives and key employees within the
Resolution regarding change of the Articles of Association
The Annual General Meeting resolved, in accordance with the Board of Directors' previously published proposal, on formal changes of the Articles of Association.
Full details on the proposals adopted by the Annual General Meeting are available at www.assaabloy.com.
For more information, please contact:
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68
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https://news.cision.com/assa-abloy/r/resolutions-at-the-annual-general-meeting-2020,c3100620
https://mb.cision.com/Main/7333/3100620/1239069.pdf
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