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Key Decisions from ASSA ABLOY's Annual General Meeting 2025

On April 23, 2025, ASSA ABLOY AB convened its Annual General Meeting in Stockholm, Sweden. This event presented pivotal resolutions concerning the company’s financial performance and corporate governance, significantly impacting both shareholders and stakeholders alike.

Adoption of Financial Statements

The meeting commenced with the approval of income statements and balance sheets pertaining to the financial year 2024. Furthermore, the Board of Directors and the CEO were officially discharged from liability for their actions during that period, marking a new chapter in accountability and governance.

Dividend Approval

A major highlight of the AGM was the endorsement of a dividend of SEK 5.90 per share, as proposed by the Board. This dividend is set to be distributed in two equal payments: the first installment on April 30, 2025, with a record date of April 25, and the second installment on November 14, 2025, following a record date of November 11. This move emphasizes ASSA ABLOY's commitment to delivering value to its shareholders even amid market uncertainties.

Board of Directors’ Election

The attendees reaffirmed their confidence in the current leadership by re-electing Johan Hjertonsson as Chairman and Carl Douglas as Vice Chairman. They also confirmed the election of board members Sofia Schörling Högberg, Lena Olving, Victoria Van Camp, Erik Ekudden, and Susanne Pahlén Åklundh, ensuring continuity in strategic decision-making and corporate governance through to the next year.

Audit Firm Re-appointment

Furthermore, the General Meeting re-elected Ernst & Young AB as the company’s auditor until the next Annual General Meeting in 2026. This decision continues a trusted partnership that aims to uphold the highest standards of financial integrity and accuracy.

Remuneration Insights

A total remuneration of SEK 10,106,000 for the Board of Directors was approved, excluding payments associated with the committee works, emphasizing the company’s approach to aligning compensation with performance and governance principles. Auditor fees are retained under contractual agreements, ensuring transparency in financial dealings.

Long-term Incentive Program Initiatives

In line with motivating key executives, a long-term incentive program was unveiled. Dubbed LTI 2025, this initiative aims to retain top talent within the ASSA ABLOY Group, ensuring alignment with the long-term strategic goals of the company.

Resolution on Share Repurchase

Moreover, the Board received authorization to repurchase Series B shares in accordance with predetermined conditions. This maneuver, enabling the company to buy back shares, reflects a commitment to optimizing shareholder value by potentially reducing the number of shares outstanding in the market.

Document Accessibility

Minutes from the meeting, capturing all discussed resolutions and decisions, will be made accessible on the company's official website (
assaabloy.com/general-meeting). This underscores their dedication to transparency and stakeholder engagement.

About ASSA ABLOY

ASSA ABLOY is recognized as a global leader in access solutions, consistently striving to ensure safety, security, and convenience for its users. With approximately 63,000 employees and an annual revenue of SEK 150 billion, they specialize in innovations that promote secure access to both physical and digital environments. The developments discussed at the AGM indicate a robust path forward as they navigate the complexities of modern business landscapes.

For further details, stakeholders can reach out to key company representatives, including Nico Delvaux (President and CEO), Erik Pieder (CFO), and Björn Tibell (Head of Investor Relations).

The decisions taken during ASSA ABLOY's Annual General Meeting in April 2025 reflect a forward-thinking approach, poised to adapt to market demands while reinforcing the company's commitment to transparency and shareholder engagement.