#Sweden #Gothenburg #AB SKF #Annual General Meeting

Overview of AB SKF's Annual General Meeting

AB SKF, globally recognized for its engineering solutions, will hold its Annual General Meeting (AGM) on April 21, 2026. The meeting, critical for shareholders and stakeholders alike, will take place at the Elite Park Avenue Hotel, Gothenburg, starting at 2:00 PM. Doors will open an hour early, where light refreshments will be provided. This AGM will offer a platform for discussion regarding the company's progress, future strategies, and upcoming initiatives.

Participation Guidelines

Shareholders planning to attend the AGM have specific requirements to fulfill. To participate via postal voting, they must be registered in the shareholder register maintained by Euroclear Sweden AB by April 13, 2026. Furthermore, they need to notify their intention to vote by submitting their postal vote by April 15. For those wishing to join in person or through a proxy, registration must be completed using one of the approved communication methods, such as the company’s website, telephone, or email, by the same deadline.

Proxy and Voting Requirements

If shareholders are represented by a proxy, the relevant documents must be submitted before the AGM, including a signed proxy form, and if applicable, proof of authority in the case of corporate representatives. Special attention should be given to the regulations regarding shares held through nominees, as these must also be registered in the shareholder's name to attend the meeting.

Meeting Agenda

The AGM will cover an extensive agenda, including:

• - Introductory remarks by the Chairperson of the meeting.
• - Approval of minutes from the previous meeting.
• - Presentation of the annual report and auditor's report.
• - Address by the President focusing on the company’s annual performance.
• - Consideration of proposed profit distribution and resolution on directors' discharges from liability.
• - Election of board members, including proposed nominees, and determination of their fees.
• - Presentation of the remuneration report, ensuring transparency regarding executive compensation.

A noteworthy highlight on the agenda includes the proposal for a dividend of SEK 7.75 per share, suggested to be paid in two installments—with the first payment set for April 23, 2026. Overall, the meeting aims to reinforce shareholder engagement and transparency while paving the way for strategic discussions that align with SKF's long-term growth objectives.

Remuneration Guidelines for Executive Members

In preparation for the AGM, the Board of Directors has recommended guidelines for executive remuneration which aim to attract and retain key management personnel. These include provisions for fixed and variable salaries, pension contributions, and other benefits based on market standards, performance, and the company’s strategic goals. Annual reviews of these remuneration packages will ensure alignment with the firm’s financial performance and shareholder interests.

Additional Information and Transparency

As part of SKF's commitment to transparency, shareholders and interested parties can find a wealth of information on the company's official website, including reports, detailed proposals, and the necessary voting forms. The AGM stands as a crucial opportunity for shareholders to voice their opinions and shape the future of AB SKF. For anyone unable to attend in person, postal voting enables active participation in the decision-making process.

In conjunction with the AGM, shareholders will also have the option to visit SKF's factory in Gamlestaden on the same day, fostering greater insight into the company’s operations.

In conclusion, the upcoming Annual General Meeting for AB SKF is set to not only fulfill formal governance requirements but also strengthen stakeholder engagement through strategic discussions and participatory voting mechanisms. This is a vital event for those with stakes in SKF's ongoing success and innovation.