Bulletin from the Annual General Meeting in Haldex AB

2021-05-26 16:00:00

Adoption of the profit and loss account, the balance sheet, allocation of the company's profit and discharge from liability

The profit and loss account, the balance sheet and the consolidated profit and loss account and the consolidated balance sheet were adopted by the Annual General Meeting. The Annual General Meeting resolved that no dividend will be paid and that the accrued profits will be carried forward.

All of the members of the Board of Directors and the CEO were discharged from liability for the financial year 2020.

Determination of the number of Board members and auditors and election of Board of Directors and auditor

The Annual General Meeting resolved that the Board of Directors shall consist of six members elected by the Annual General Meeting and that the company shall have an auditing company as auditor.

Stefan Charette, Viveka Ekberg, Håkan Karlsson, Catharina Modahl Nilsson, Detlef Borghardt and Dzeki Mackinovski were re-elected as Board members. Håkan Karlsson was elected as the new Chairman of the Board.

The general meeting re-elected the auditing firm Öhrlings PricewaterhouseCoopers AB as auditors. Carl Fogelberg is the auditor in charge.

Compensation to the Board, the auditors and members of the Executive Management

The Annual General Meeting resolved that the Chairman of the Board shall receive a fee of SEK 700 000 and each other Board member elected by the Annual General Meeting shall receive a fee of SEK 300 000.  

The chairman of the audit committee shall receive a fee of SEK 100 000 and the other members of the audit committee shall receive a fee of SEK 50 000 for committee work. The chairman of the remuneration committee shall receive a fee of SEK 50 000 and the other members of the remuneration committee shall receive a fee of SEK 25 000 for committee work.

Fees to the auditors, for the period up until the end of the next Annual General Meeting, shall be paid according to the approved invoice.

Remuneration report

The Annual General Meeting approved the Board of Directors' report regarding compensation pursuant to Chapter 8, Section 53 a of the Swedish Companies Act.

Guidelines for remuneration to senior executives

The Annual General Meeting approved the guidelines for remuneration to senior executives proposed by the Board of Directors.

Long-term incentive program

The Annual General Meeting resolved in accordance with the Board's proposal for a long-term incentive program (LTI) addressed to the CEO. The main objective of the LTI is to, by promoting a common interest between the CEO and the Company as well as creating conditions to retain the CEO, strengthen Haldex's financial development.

Amendment of the articles of association

The Annual General Meeing resolved, in accordance with the Board's proposal, to amend the Articles of Association with the purpose of adapting it to implemented legislative amendments and to enable the Board of Directors to decide on collection of powers of attorney and postal voting at future general meetings.

Authorization for the Board to decide on a new share issue

The Annual General Meeting adopted the Board of Directors' proposal to authorize the Board of Directors to resolve on new issues of shares during the period until the Annual General Meeting 2022. 

Authorization regarding acquisition and transfer of own shares in connection to corporate acquisitions

The Annual General Meeting resolved in accordance with the Board of Directors' proposal to authorize the Board of Directors to resolve on acquisition and transfer of own shares on one or more occasions during the period until the Annual General Meeting 2022.

Nomination Committee instructions

The Annual General Meeting adopted the proposal on Nomination Committee instructions in Haldex AB.

Further details

Full details of each proposal can be downloaded from http://corporate.haldex.com. The minutes from the Annual General Meeting will also be published on said page (in Swedish only).

Cision