#USA #Detroit #Autoliv #Automotive Safety #Stockholders Meeting

Autoliv Reveals Outcomes of 2025 Annual Stockholders Meeting

On May 8, 2025, Autoliv, Inc. held its annual general meeting (AGM) in Detroit, where pivotal decisions were made to steer the company towards a promising future. As the global leader in automotive safety systems, Autoliv's AGM provided significant insights into its governance and operational strategies.

Key Resolutions Passed

The shareholders voted overwhelmingly in favor of several important proposals:
1. Board of Directors Elections: A variety of seasoned professionals were elected to serve a one-year term. The board members now include Mikael Bratt, Laurie Brlas, Jan Carlson, Leif Johansson, Adriana Karaboutis, Franz-Josef Kortüm, Frédéric Lissalde, Xiaozhi Liu, Gustav Lundgren, Martin Lundstedt, and Thaddeus "Ted" Senko. Their expertise will be crucial for the ongoing innovation and safety measures in the automotive industry.
2. Executive Compensation: The meeting also addressed the advisory resolution regarding the approval of executive compensation for the named officers for the fiscal year 2024, emphasizing the company's commitment to aligning performance with remuneration.
3. Appointment of Auditors: The shareholders ratified Ernst & Young AB as Autoliv's independent auditing firm for the fiscal year concluding on December 31, 2025. This decision signifies a strong push towards transparency and accountability in financial practices.

New Committees Formed

During the board meeting, several committee memberships were established to enhance governance processes:

• - Audit and Risk Committee: Chaired by Ted Senko, this committee is crucial for overseeing financial reporting and risk management strategies. Other members include Laurie Brlas, Adriana Karaboutis, and Gustav Lundgren.
• - Leadership Development and Compensation Committee: Led by Frédéric Lissalde, this committee will focus on executive succession planning and ensuring that compensation is commensurate with company performance.
• - Nominating and Corporate Governance Committee: Chaired by Leif Johansson, this committee will oversee the nomination of board members and governance practices.

Chairman of the Board

The board reconfirms Jan Carlson as the Chairman, ensuring continuity in leadership as Autoliv navigates through the evolving landscape of automotive safety innovation and market requirements.

A Glimpse into Autoliv's Vision

Autoliv has solidified its position as the preeminent provider of automotive safety systems, offering products that include airbags, seatbelts, and steering wheels, catering to all major automobile manufacturers around the globe. Beyond traditional safety products, Autoliv is also making strides in mobility safety solutions such as pedestrian protection systems and innovative safety technologies for riders of powered two-wheelers. In 2024 alone, Autoliv's advancements in safety technologies played a vital role in saving approximately 37,000 lives and preventing over 600,000 injuries, emphasizing its commitment to making roads safer for everyone.

The company operates in 25 countries and is dedicated to fostering innovation through 13 dedicated technical centers. With an impressive workforce of 65,000 employees, Autoliv is driven by a collective vision of Saving More Lives, placing quality and customer satisfaction at the forefront of its operations. In 2024, Autoliv reported sales exceeding $10.4 billion, showcasing its robust market position amid numerous challenges in the automotive sector.

Future Outlook

As Autoliv moves into the next phase of its growth, the outcomes from the 2025 AGM reflect a strategic focus on enhancing governance, driving innovation, and maintaining its leadership in the automotive safety industry. Stakeholders are encouraged to stay engaged as the company continues to innovate and redefine standards for safety across the globe.

For further insights and information about Autoliv’s initiatives, please visit Autoliv's official website.