Bulletin from AB Electrolux Annual General Meeting 2015

The Annual General Meeting of AB Electrolux was held on Thursday, March 26, 2015 in Stockholm, Sweden.

Lorna Davis, Petra Hedengran, Hasse Johansson, Ronnie Leten, Keith McLoughlin, Bert Nordberg, Fredrik Persson, Ulrika Saxon and Torben Ballegaard Sørensen, were re‑elected to the Board of Directors. Ronnie Leten was re‑elected Chairman of the Board. At the statutory Board meeting following the AGM, Torben Ballegaard Sørensen was re‑elected Deputy Chairman of the Board.

The proposed dividend of SEK 6.50 per share was adopted. The record date was set as March 30, 2015, and cash dividends are expected to be paid from Euroclear Sweden on April 2, 2015.
The parent company’s and the Group’s income statements and balance sheets were adopted. The Board of Directors and the President were discharged from liability for the financial year 2014.
The Meeting resolved to adopt the proposed remunerations to the Board that were communicated in the notice convening the AGM. The proposal for remuneration guidelines for Group Management was also approved, as well as the scope of and the principles for Electrolux performance based, long-term share program for 2015.

The Meeting authorized the Board of Directors to resolve on acquisitions of Electrolux B shares up to a maximum amount of 10 per cent of all shares issued by the company. The Board was also authorized to transfer own shares on account of company acquisitions and to cover costs that may arise as a result of the share program for 2013. These authorizations are effective during the period until next year’s AGM.
Full details on the proposals adopted by the AGM can be downloaded at www.electroluxgroup.com/agm2015.

For further information

Contact Electrolux Press Hotline, +46 8 657 65 07.

Electrolux discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on March 27, 2015.