Invitation to the Annual General Meeting
The shareholders of ASSA ABLOY AB (Reg. No. 556059-3575) are invited to participate in the Annual General Meeting scheduled for a date in 2025. The meeting will take place at Posthuset, Vasagatan 28. Registration will begin an hour before the meeting, providing shareholders the opportunity to engage with important company matters.
Eligibility to Participate
To partake in the Annual General Meeting, attendees must be recorded as shareholders in the share register managed by Euroclear Sweden AB on an announced date. Additionally, notifying ASSA ABLOY AB of your participation is necessary, with specific instructions provided for making such notifications.
Notification Process
Shareholders should ensure their intent to participate is communicated to ASSA ABLOY AB by a specific deadline. Notifications can be submitted online or through direct communication, including telephone or mail, specifying essential personal details.
Participation by Proxy
For shareholders planning to be represented by a proxy, a written authorization is required. This documentation should be submitted along with the participation notification. Detailed proxy forms are available upon request and through the company's website.
Nominee Registered Shares
Shareholders who have shares held via a nominee must make arrangements to have their shares registered in their own name before the Annual General Meeting. This process is vital for ensuring voting rights during the meeting and should be initiated well in advance.
Agenda for the Meeting
The agenda of the Annual General Meeting includes several important resolutions and discussions: the opening of the meeting, election of the chairman, approval of reports, and voting on the distribution of profits among other discussions regarding the board members and their compensation.
- Opening of the Annual General Meeting
- Election of Chairman of the Annual General Meeting
- Preparation and approval of the voting list
- Approval of the agenda
- Election of two persons to check the Annual General Meeting minutes
- Determination of whether the meeting is duly convened
- Presentation and speech by Mr. Nico Delvaux, President and CEO
- Discussion on the Annual Report, Auditor's Reports, and profit distribution proposals
- Approval of the Board's recommendations
- Appointment of new board members, as well as determination of fees for the board and auditor
- Election of the Auditor
- Final items regarding long-term incentive programs and share repurchases
- Closing of the Annual General Meeting
Shareholder Communication
Shareholders will be provided comprehensive information regarding items on the agenda, the company’s financial status, and any other matters that could influence shareholder decision-making. The invitation also encourages shareholders to review the company's documentation which will be made available before the meeting.
Contact Information and Company Overview
For more information about the meeting or ASSA ABLOY AB, shareholders can contact the company directly via the established channels. ASSA ABLOY is recognized globally as a leader in access solutions, operating with a workforce committed to enhancing safety and security in various environments.
Frequently Asked Questions
What is the purpose of the Annual General Meeting?
The Annual General Meeting is designed to communicate important corporate matters to shareholders, including financial performance, board governance, and future directions.
How can I participate if I can't attend in person?
If you cannot attend in person, you may register a proxy to represent you at the meeting, provided proper authorization documents are submitted.
What information will be available to shareholders ahead of the meeting?
Shareholders will have access to the Annual Report, Auditor's Report, and all documentation in accordance with the Swedish Companies Act, made available on the company's website.
How is the board's compensation determined?
The compensation for the board members is proposed and determined based on evaluations conducted by the Nomination Committee, taking into account market conditions and company performance.
Will dividends be discussed at the meeting?
Yes, resolutions regarding dividend distribution are part of the agenda, considering the company's financial situation and future outlook.
