Communiqué from Industrivärden's Annual General Meeting on May 8, 2009
Industrivärden's Annual General Meeting was held on May 8 at the Grand Hotel in
Stockholm.
• The Annual General Meeting set the dividend at SEK 4.50 per share (5.00). The
record date for payment of the dividend was set at May 13. Dividends are
expected to be paid out via Euroclear Sweden AB (formerly VPC) on May 18.
• Boel Flodgren, Tom Hedelius, Finn Johnsson, Fredrik Lundberg, Sverker
Martin-Löf, Lennart Nilsson and Anders Nyrén were re-elected as directors on
Industrivärden's board. Olof Faxander was newly elected as a director on the
Board. Faxander (39) has an M.Sc. degree in Materials Science and a B.Sc. in
Business Administration. He has been President and CEO of SSAB since 2006 and
has previously served in executive positions with Outokumpu and Avesta
Sheffield/Polarit. Tom Hedelius was re-elected as Chairman of the Board.
• The Annual General Meeting resolved to assign the Chairman of the Board with
the task of contacting four shareholders from among the largest registered
shareholders in terms of votes in Euroclear Sweden AB's printout of the
shareholder register as per the last business day in August 2009, who each
appoint one representative who is not a director on the Company's board, to form
together with the Chairman of the Board a nominating committee for the time
until a new nominating committee has been appointed based on the mandate from
the next Annual General Meeting. The Nominating Committee designates a chair
from among its own members. The composition of the Nominating Committee shall be
made public not later than six months before the 2010 Annual General Meeting. No
fee is payable for work on the Nominating Committee. If a member leaves the
Nominating Committee before its work has been completed, and if the Nominating
Committee is of the opinion that there is a need to replace said member, the
Nominating Committee shall appoint a new member.
• The Annual General Meeting resolved to approve the Board's proposal for a
conditional amendment of the Articles of Association regarding notices of
general meetings.
• Decision at the statutory board meeting:
• At the statutory board meeting, Sverker Martin-Löf was re-elected as Vice
Chairman of the Board.
Information about the Annual General Meeting is available from the Company and
on Industrivärden's website: www.industrivarden.net under the menu Corporate
Governance/Annual General Meeting.
The information provided herein is such that AB Industrivärden (publ) is
obligated to disclose pursuant to the Securities Markets Act and/or the
Financial Instruments Trading Act. Submitted for publication at 11.30 a.m. on
May 8, 2009
