ASSA ABLOY AB Invites Shareholders to Annual General Meeting in 2025

ASSA ABLOY AB Annual General Meeting Notification

The shareholders of ASSA ABLOY AB (Reg. No. 556059-3575) are invited to the Annual General Meeting (AGM) set for April 23, 2025, at 3:30 PM. This significant event will take place at 7A Posthuset, located on Vasagatan 28, Stockholm, Sweden. Registration will commence one hour prior, at 2:30 PM.

Participation Rights and Notification

To be eligible for participation at the AGM, shareholders must be recorded in the Euroclear Sweden AB share register by April 11, 2025, and must notify their intention to attend by April 15, 2025. Notifications can be submitted through the ASSA ABLOY website, via phone, or through written communication.

The notice must include the shareholder's name, identification number, contact details, and the names of any accompanying individuals. If a shareholder is represented by a proxy, a written power of attorney must be submitted along with the notification.

Important Agenda Items

The meeting will cover numerous significant topics. Following the opening remarks, the selected Chairman—Johan Hjertonsson—is set to lead the AGM. Key elements of the agenda include:

1. Approval of the voting list
2. Presentation of the Annual Report and the Auditor's Report for the year
3. Resolutions concerning the adoption of financial statements and the Board's proposed dividend of SEK 5.90 per share, scheduled for distribution in two installments in 2025.
4. Election of the Board of Directors and details regarding their remuneration
5. Various resolutions regarding share repurchase and a long-term incentive program for executives

The discussion will also address the number of board members, proposed fees, and additional operational matters critical to the company’s governance.

Long-Term Incentive Program

A substantial item on the agenda is the launch of the Long-Term Incentive Program 2025. This initiative aims to heighten employee retention and recruitment by tying executive compensation to the company’s future earnings and value growth. Participants will need to hold a specific number of ASSA ABLOY shares, fostering a sense of ownership and alignment with shareholder interests.

The program is set to include a maximum of 225 senior executives and key employees and will distribute performance awards based on the company's earnings per share over set targets for the years 2025-2027.

Shareholder Engagement and Documentation

Shareholders are encouraged to engage actively in discussions and contribute to decision-making processes, reflecting the company’s commitment to transparency and governance. Full details, including the Nomination Committee's recommendations and further documentation, will be available on ASSA ABLOY's official website leading up to the meeting.

For those unable to attend, ASSA ABLOY assures that recording and reporting on the meeting will be made available subsequently, maintaining a channel for all shareholders to remain informed.

Conclusion

The AGM stands as a pivotal event for ASSA ABLOY AB’s stakeholders, outlining the company’s strategic vision and governance policies for the coming year. With the integration of shareholder opinions and decisions, it plays an essential role in shaping the future direction of the company. We look forward to your participation in making resolutions that will impact the road ahead.

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