Electrolux's Annual General Meeting: Key Highlights and Future Directions

Key Highlights from Electrolux's Annual General Meeting 2026

The Annual General Meeting (AGM) of AB Electrolux took place in Stockholm on March 25, 2026. This significant event allowed shareholders and interested parties to participate live via the Electrolux Group’s official website. A recording of the AGM will be made available for those who were unable to join live, where participants can hear President and CEO Yannick Fierling reflect on the past year’s challenges and outline strategic initiatives going forward. The recording will be accessible at Electrolux Group's AGM webpage.

During the AGM, shareholders adopted the Company’s Income Statement and Balance Sheet alongside the Consolidated Income Statement and Balance Sheet for the fiscal year of 2025. Importantly, the Board of Directors and the CEO were cleared from any liabilities concerning the previous fiscal year. One notable decision was to not distribute a dividend for the fiscal year 2025; instead, the funds will be retained in the company's accounts for future use.

The AGM also covered the remuneration of the Board, which was confirmed according to the Nomination Committee's proposal. In a pivotal move for governance continuity, the following directors were re-elected: Yannick Fierling, Geert Follens, Petra Hedengran, Ulla Litzén, Torbjörn Lööf, Daniel Nodhäll, Karin Overbeck, and Michael Rauterkus. Furthermore, Lena Glader and Anko van der Werff were newly elected to the Board, ensuring fresh perspectives as the company looks ahead.

Tor Björn Lööf was also re-elected to continue his role as the Chair of the Board, further solidifying the leadership structure. Öhrlings PricewaterhouseCoopers AB retained its role as the auditor until the conclusion of the AGM 2027, with fees to be paid as incurred.

In addition, the AGM saw the approval of the Board of Director's Remuneration Report for 2025. A significant resolution was the authorization for the Board of Directors to transfer company shares for potential acquisitions and to cover related costs from the previously approved share program 2024. These authorizations will remain effective until the next AGM in 2027.

Moreover, attendees voted in support of a performance-based long-term share program for 2026. The AGM determined that the financial exposure expected from the program would be protected through an equity swap agreement with a third-party entity, ensuring financial stability as the company aims for growth.

For a comprehensive review of all proposals adopted during the meeting, stakeholders are encouraged to visit the above-mentioned AGM webpage. This year’s AGM not only reaffirmed Electrolux's commitment to transparency and integrity in corporate governance but also set a clear vision for the path ahead, aligning with the expectations of its shareholders and stakeholders.

For any inquiries regarding this year's AGM or Electrolux's financial strategies, please reach out to Ann-Sofi Jönsson, Head of Investor Relations, at +46 73 035 1005, or Maria Åkerhielm, Investor Relations Manager, at +46 70 796 3856. These contacts are instrumental for investors seeking more information about Electrolux's strategies and future outlook.

Overall, the AGM was a decisive event that sets a hopeful tone for Electrolux's future, channeling its resources efficiently to navigate challenges while leveraging growth opportunities. Stakeholders are optimistic as they witness the unfolding plans that aim to drive Electrolux into a prosperous and innovative future.