Notice of the Annual General Meeting of AB Electrolux
The shareholders of AB Electrolux (publ), reg. no. 556009-4178, are hereby given notice of the Annual General Meeting to be held on Wednesday, March 26, 2025, at 4.00 p.m. (CET) at Bio Skandia, Drottninggatan 82. Admission and registration will commence at 3.00 p.m. (CET).
The Board of Directors has decided that shareholders can exercise their voting rights through postal voting prior to the Annual General Meeting.
The Annual General Meeting will be available via webcast on Electrolux Group's website.
Participation Details for the Meeting
Shareholders wishing to participate at the meeting, either in person or by proxy, must:
- Be registered as a shareholder by Euroclear Sweden AB on Tuesday, March 18, 2025.
- Notify participation no later than Thursday, March 20, 2025, using one of the following methods:
- By phone at +46 8 402 92 79 between 9 a.m. and 4 p.m. (CET) on weekdays.
- By post to AB Electrolux, c/o Euroclear Sweden AB, Box 191, SE-101 23.
- Via Euroclear Sweden AB's website.
Notifications should include your name, identification number, address, and any assistants (up to two).
If represented by proxy, a signed proxy form must be provided. If the shareholder is a legal entity, a registration certificate must also be supplied.
Postal Voting Information
For shareholders participating through postal voting, they must:
- Be registered as a shareholder by Euroclear Sweden AB on Tuesday, March 18, 2025.
- Cast their postal vote by the same deadline as above.
A special form for postal voting is required, available on Electrolux Group's website.
Agenda for the Annual General Meeting
- Election of Chair of the Annual General Meeting.
- Preparation and approval of voting list.
- Approval of the agenda.
- Election of two minutes-checkers.
- Review of the Annual Report and Audit Report.
- Presentation by the President and CEO.
- Resolution on adoption of the Income Statement and Balance Sheet.
- Resolution on discharge from liability for the Directors and the President and CEO.
- Resolution on the distribution of profits.
- Determination of the number of Directors and Deputies.
- Determination of fees to the Board of Directors and Auditor.
- Election of Board of Directors and Chair of the Board.
- Election of Auditor.
- Resolution on approval of the Remuneration Report.
- Resolutions on share transfers for company acquisitions and the share program for 2023.
- Resolutions regarding a long-term share program for 2025.
- Closing of the Annual General Meeting.
Key Proposals for Decisions
The Nomination Committee proposes:
- Eva Hägg as Chair of the Annual General Meeting.
- Proposals for various financial distributions and elections of Directors.
- The continuation of share programs including share transfers for acquisitions and employee incentives.
The meeting will also cover the election of auditors and the establishment of a performance-based long-term share program for 2025.
Shareholders' Rights to Information
During the Annual General Meeting, shareholders may request information on various relevant topics, provided it does not compromise the Company’s interests.
Frequently Asked Questions
What is the date of the Annual General Meeting for AB Electrolux?
The meeting is scheduled for March 26, 2025.
How can shareholders participate in the meeting?
Shareholders can attend in person or vote via postal voting.
Is there an option to vote by proxy?
Yes, shareholders can appoint a proxy to vote on their behalf.
Where can I find more information about the agenda?
The agenda can be found in the notice provided to shareholders and on Electrolux Group's website.
How can shareholders submit questions to the board?
Questions can be sent to the Company directly via postal mail or email prior to the meeting.
