#Sweden #Shareholders #Stockholm #Annual General Meeting #AB Electrolux

Notice for the Annual General Meeting of AB Electrolux

AB Electrolux (publ), with registration number 556009-4178, has announced the details regarding the upcoming Annual General Meeting (AGM) set for March 26, 2025, at 4:00 PM CET. This year’s meeting will be held at Bio Skandia, located at Drottninggatan 82 in Stockholm, Sweden. Registration for participants will start one hour earlier at 3:00 PM.

Voting Options and Participation

The Board of Directors has introduced a convenient way for shareholders to engage in the voting process via postal voting. This option is particularly handy for those unable to attend in person. The meeting will be broadcasted live on Electrolux’s corporate website, allowing for greater accessibility.

The meeting will be conducted in Swedish, with English translations available, ensuring that all shareholders can follow along seamlessly.

Registration and Notification

For those wishing to attend in person or via proxy, shareholders must be listed as shareholders by March 18, 2025, and are required to notify their intent to participate by March 20, 2025. Notifications can be sent via:

• - Phone: +46 8 402 92 79 on weekdays from 9 AM to 4 PM CET
• - Mail: AB Electrolux, c/o Euroclear Sweden AB, Box 191, SE-101 23 Stockholm, Sweden
• - Website: Euroclear Sweden AB Registration

It’s essential to include the shareholder's name, ID number, and any accompanying assistants in the notification.

Postal Voting

For shareholders opting for postal voting, they must also be listed on the share register by March 18, 2025. Completed postal votes should be sent to Euroclear Sweden AB by the same deadline of March 20, 2025, via mail or electronically with BankID through their website.

Agenda Highlights

The AGM will focus on several key issues, including:

• - Election of the Chair of the meeting
• - Approval of voting lists and agenda
• - Presentation of financial reports
• - Discharge from liability for the Board Directors and CEO
• - Decisions on dividends and board fees
• - Election of the Board of Directors and the Chair
• - Considerations on share acquisitions and employee incentive programs for 2025

The Board of Directors has proposed the re-election of several current members, aiming to strengthen continuity and governance within the company. Notably, Geert Follens and Torbjörn Lööf are among the nominees recommended for re-election.

Financial Incentives and Share Programs

An exciting focal point of the meeting will be the introduction of a new performance-based long-term incentive program for 2025. This program is designed to reward key employees and senior managers, aligning their success with shareholders’ interests by offering shares based on performance metrics. The proposed maximum cost of this program is estimated at MSEK 629, which translates to about 2.61% of Electrolux's total employment costs for the previous year.

Conclusion

Electrolux encourages all shareholders to actively participate, whether it be through attendance at the AGM, postal voting, or engagement via the online broadcast. With crucial decisions affecting the company's future on the agenda, this AGM presents an essential opportunity for shareholder involvement.

For more detailed information regarding the proposals, forms, and specific agendas, shareholders can visit the dedicated AGM website: Electrolux AGM 2025.

Documents Available for Download

All necessary documents, including proposals and progress reports from the Board and Nomination Committee, will be made available on the company's website to ensure transparency and facilitate shareholder engagement.