#Sweden #AGM #Skinnskatteberg #Systemair

Systemair AB Annual General Meeting 2025

On August 28, 2025, Systemair AB (NASDAQ OMX Stockholm: SYSR) convened its Annual General Meeting (AGM) at the Systemair Expo in Skinnskatteberg, Sweden. This event saw the participation of 166 voting shareholders, either present in person or through valid postal votes, representing an impressive 93.04% of the total voting rights and shares in the company.

During the meeting, several crucial decisions were taken, reflecting the company’s dedication to its shareholders and its strategic direction for the future.

Key Decisions Made at the AGM

Dividend Approval

One of the highlights was the approval of the Board's proposal regarding dividends. The AGM sanctioned a dividend of SEK 1.35 per share, with the record date set for September 1, 2025. Shareholders can expect the dividend to be distributed via Euroclear Sweden AB on September 4, 2025. This decision signifies the company's solid financial performance and commitment to returning value to its shareholders.

Board of Directors Election

The AGM confirmed the composition of the Board of Directors, resolving that it will consist of six members with no deputy members. The re-elections included Gerald Engström, Patrik Nolåker, Gunilla Spongh, and Niklas Engström, while Peter Fenkl and Åsa Söderström Winberg were newly elected. Patrik Nolåker will serve as the Chairman, with Gerald Engström as the Vice Chairman. This alignment in leadership is expected to provide continuity and experienced governance.

Auditor Appointment

In a bid to ensure independent auditing, Ernst & Young AB was re-elected as the company's auditor. The AGM decided that the auditor’s fee will be compensated in accordance with the approved invoice. Keeping strong oversight through trusted auditors is crucial as the company pursues its growth objectives.

Remuneration and Incentive Programs

In line with the growth philosophy, the AGM also ratified the remuneration report and guidelines for senior executives. Notably, the Board proposed a long-term share-based and performance-based incentive program (LTIP 2025). Under this initiative, participants can invest in Systemair shares and potentially earn more shares contingent on meeting specified performance metrics, thereby aligning employee interests with those of shareholders.

Share Repurchase Authorization

Another significant resolution was the authorization granted to the Board to repurchase and transfer shares in Systemair. This is capped at a maximum of 5% of all company shares. This move not only shows confidence in the company’s valuation but also serves as a strategic tool to enhance shareholder value.

Share Capital Increase

The AGM further resolved to provide authority for the Board to increase the company's share capital through the issuance of new shares. The maximum share issuance will be limited to 10% of the company’s total shares, allowing Systemair to explore avenues for growth and investment.

Systemair: A Brief Overview

Founded in 1974, Systemair has established itself as a leading company in the ventilation sector, operating in 51 countries around the globe, including Europe, North America, Asia, and Africa. With sales reaching SEK 12.3 billion in the 2024/2025 fiscal year and a workforce of approximately 6,900 employees, Systemair has demonstrated consistent operational profit. The company is committed to advancing energy-efficient products and improving indoor climates while reducing carbon emissions. Its well-known product brands include Systemair, Frico, Fantech, and Menerga.

For further inquiries,

• - Gerald Engström, Retiring Chairman: +46 70 519 00 01
• - Patrik Nolåker, Incoming Chairman: +46 70 417 85 01
• - Roland Kasper, CEO: +46 73 094 40 13
• - Anders Ulff, CFO: +46 70 577 40 09

For more information about Systemair and its brands, feel free to visit Systemair's official website.