#Sweden #Stockholm #Ericsson #AGM 2025 #Shareholders Meeting

Notice of the Annual General Meeting for Ericsson 2025

The shareholders of Telefonaktiebolaget LM Ericsson, registered under number 556016-0680, are officially invited to the Annual General Meeting (AGM), scheduled for Tuesday, March 25, 2025, at 1 p.m. CET. The meeting will be held at the company’s headquarters located at Open Box, Grönlandsgatan 8, Kista/Stockholm. Registration for attendees will begin at noon CET on the same day, and shareholders unable to attend in person may vote by postal ballot.

Participation Details

Participants wishing to attend the AGM in person or by proxy must ensure they are registered as shareholders in the share register prepared by Euroclear Sweden AB by the cut-off date of March 17, 2025. To register, interested parties need to notify the company no later than Wednesday, March 19, 2025. Registration can be accomplished via:

• - Phone: +46 (0)8 402 90 54 (weekdays, 10 a.m. to 4 p.m. CET)
• - Postal mail: Telefonaktiebolaget LM Ericsson, AGM, c/o Euroclear Sweden AB, Box 191, SE-101 23 Stockholm, Sweden
• - Email: email protected]
• - Through the company’s official website: [www.ericsson.com

For attendees bringing proxies, a written and dated power of attorney is required, and if the representative is a legal entity, additional documentation must be submitted.

Postal Voting

Shareholders opting for postal voting should also be registered as shareholders by March 17, 2025. The postal voting form must be received by Euroclear Sweden AB by March 19, 2025. Instructions for completing the postal voting form can be found on Ericsson's website, where a specific form for this purpose is provided.

Shareholders Holding Through Nominees

For shareholders whose shares are held in the name of a nominee, it is critical to re-register the shares in their own name prior to participation in the AGM. This ensures the names are properly reflected in the share register by the March 17 cut-off.

Agenda of the Meeting

The agenda includes several significant items:
1. Election of the Chair of the AGM
2. Approval of the minutes from the last AGM
3. Review of the annual report and auditor’s report
4. Adoption of the income statement and balance sheet
5. Election of Board members and setting their fees
6. Proposed dividends:
The Board recommends a dividend of SEK 2.85 per share, payable in two installments, with various record dates stipulated.
7. Updates to long-term variable compensation programs and more.
8. Discussion surrounding the policies related to executive bonuses in relation to employee compensation.

Board Composition

The Nomination Committee has proposed the re-election of several Board members, including Jon Fredrik Baksaas and Jan Carlson, alongside the introduction of new candidates Christian Cederholm and Marachel Knight. The committee emphasizes a balanced representation of skills and backgrounds to support the company’s strategy and governance.

Data Processing

Information on the processing of personal data during the AGM can be accessed through Euroclear Sweden AB’s privacy notice. For further inquiries, shareholders may contact Ericsson at the aforementioned email address.

Documentation

Key documents regarding the AGM, including power of attorney forms, the postal voting form, and the complete proposals from the Nomination Committee, will be available on Ericsson’s website. Shareholders can request these documents by providing their addresses to the company.

Throughout the AGM, shareholders are encouraged to ask questions and engage in discussions with Board members to foster transparency.

Stockholm, February 2025
Telefonaktiebolaget LM Ericsson (publ)