Key Highlights from Truecaller AB's Annual General Meeting Held on May 22, 2026

On May 22, 2026, Truecaller AB, a prominent player in the communication technology sector, conducted its annual general meeting (AGM) in Stockholm. The meeting gathered shareholders to discuss key resolutions impacting the company's direction. Here's a summary of the significant outcomes from the AGM:

Adoption of Financial Statements

The AGM officially approved the income statement and balance sheet for the financial year 2025. In line with the board of directors' recommendation, the meeting resolved to distribute a dividend of SEK 0.28 for each series A and series B share. The record date for the dividend payment is set for May 26, 2026. This resolution reflects the company's commitment to delivering value to its shareholders.

Discharge from Liability

Another significant resolution taken during the AGM was the discharge from liability for the board members, including the chief executive officer, for their actions in the fiscal year 2025. This discharge indicates shareholder confidence in the board’s performance.

Board Elections and Remuneration

The AGM addressed changes within the board of directors. It resolved to re-elect existing members Alan Mamedi, Annika Poutiainen, Nami Zarringhalam, Shailesh Lakhani, and Aruna Sundararajan. Sandeep Bhushan was introduced as a new board member, while Nami Zarringhalam was re-appointed as chairman. Compensation for board members was also outlined, setting SEK 650,000 for the chairman and SEK 500,000 for each board member, alongside specific remunerations for committee roles. This structured approach aims to enhance governance and accountability within the organization.

Auditing Firm Appointment

The meeting confirmed the re-election of Ernst & Young AB as the company’s auditor. Anna Svanberg is set to lead the audit process, ensuring compliance and financial integrity.

Approval of Remuneration Report

The shareholders also endorsed the remuneration report submitted by the board for the fiscal year 2025, highlighting the company's ongoing commitment to transparency regarding executive compensation.

Nomination Committee Principles

A resolution was passed to establish principles governing the composition of the Nomination Committee, ensuring that it consists of representatives from the three largest shareholders or groups as of September 30 each year. This is crucial for maintaining a diverse and representative board of directors.

Authorization for Share Issuance

The board received authorization to issue new series B shares, convertible securities, and warrants for a maximum of 37,501,755 shares, aiming to finance strategic acquisitions and provide flexible capital management. Shareholders acknowledged this move to facilitate growth.

Share Buyback Authorization

In alignment with enhancing shareholder value, the AGM granted the board the authority to repurchase series B shares, not exceeding ten percent of all outstanding shares. This action is intended to optimize the company's capital structure and create future opportunities for value generation.

Capital Adjustment Resolutions

Finally, the AGM resolved to reduce the share capital by SEK 35,194,823 by canceling 16,274,926 of its own series B shares. Subsequently, a bonus issue equivalent to the reduced capital was approved without issuing new shares, thus allowing equity to be transferred within the company.

Conclusion

The AGM of Truecaller AB not only marked the approval of critical financial and governance matters but also set a proactive direction for the company moving forward. As Truecaller continues to lead in creating safe communication channels, these resolutions will play a vital role in sustaining investor trust and operational transparency. For further information, shareholders and interested parties can visit Truecaller's corporate site or reach out to their investor relations team.