#Sweden #Stockholm #ASSA ABLOY #AGM 2025 #Shareholders Meeting

ASSA ABLOY AB Announces Annual General Meeting

ASSA ABLOY AB, the forefront leader in access solutions, has extended an invitation to its shareholders for the forthcoming Annual General Meeting (AGM) scheduled on April 23, 2025, at 3:30 p.m. This significant event will take place at the Posthuset, located on Vasagatan 28, Stockholm, Sweden with registration opening one hour earlier at 2:30 p.m..

Right to Participate and Notification

For shareholders to be eligible to participate in the AGM, they must be registered in the shareholder register maintained by Euroclear Sweden AB by April 11, 2025. Additionally, they need to notify ASSA ABLOY of their intention to attend by April 15, 2025. This notification can be done through their website, via phone, or by sending a written request. It is essential that the notification includes personal details such as the name, identification number, address, phone number, and information about any accompanying individuals.

In cases where a shareholder is represented by a proxy, a signed and dated power of attorney must be submitted alongside the notification. Proxy forms can be requested and are available on the company’s website.

Shareholder Engagement and Voting Rights

It’s crucial for shareholders with shares registered through a nominee to request that their shares be registered in their own names to participate in the voting at the AGM. The timeframe for these requests is the same as for notifications of participation, ensuring their votes are counted.

Meeting Agenda Highlights

The AGM will cover several important topics, including:
1. Opening remarks and election of the Chairman.
2. Approval of the voting list and meeting agenda.
3. Discussion of the Annual Report and Auditor's Report.
4. Financial resolutions including profit distribution and profit appropriations.
5. Election of the Board of Directors and the Auditor.
6. Approval of the remuneration report and a long-term incentive program.

The agenda assures a transparent process starting with the Chairman’s speech, followed by reports from Mr. Nico Delvaux, the President and CEO. It will include resolutions such as the Board’s proposal for a dividend of SEK 5.90 per share, which if approved, will be disbursed across two payments later in 2025. The meeting will also solidify the Board's structure, recommending seven members and their remuneration.

Long-Term Incentive Program

Among the notable proposals is the new Long-Term Incentive Program (LTI 2025) for senior executives, allowing them to align their interests with those of shareholders. Participants will be required to hold Series B shares to qualify for performance awards, which are contingent upon achieving certain earnings metrics over a specified period. This initiative emphasizes ASSA ABLOY's commitment to both rewarding its executives and ensuring their accountability to the shareholders.

Conclusion

Ensuring thorough participation and engagement from shareholders is a priority for ASSA ABLOY. Documentation for the AGM, including financial reports and nominations, will be available on the company's website at least three weeks prior to the meeting. Importantly, stakeholders can request paper copies by reaching out to ASSA ABLOY directly.

As the date approaches, the company encourages all shareholders to take part actively in the decision-making processes that affect their investments and the future direction of ASSA ABLOY.

For any inquiries, shareholders may contact Mr. Nico Delvaux or his team through the provided contact information. Welcome to an event structured to enhance transparency, accountability, and engagement in one of the critical decision-making forums for ASSA ABLOY.