Bulletin from AB Electrolux Annual General Meeting 2012

Bulletin from AB Electrolux Annual General Meeting 2012

The Annual General Meeting of AB Electrolux was held on Tuesday, March 27, 2012,
in Stockholm.

Marcus Wallenberg, Lorna Davis, Hasse Johansson, Keith McLoughlin, Ulrika Saxon,
Torben Ballegaard Sørensen and Barbara Milian Thoralfsson were re-elected to the
Board of Directors. Ronnie Leten and Fredrik Persson were elected new Board
members. Marcus Wallenberg was re-elected Chairman of the Board. At the
statutory Board meeting following the AGM, Ronnie Leten was elected Deputy
Chairman of the Board.

The proposed dividend of SEK 6.50 per share was adopted. The record date was set
as March 30, 2012, and cash dividends are expected to be paid from Euroclear
Sweden on April 4, 2012.

The parent company’s and the Group’s income statements and balance sheets were
adopted. The Board of Directors and the President were discharged from liability
for the financial year 2011.

The Meeting resolved to adopt the proposed remunerations to the Board that were
communicated in the notice convening the AGM. The proposal for remuneration
guidelines for Group Management was also approved, as well as the scope of and
the principles for Electrolux performance based, long-term share program for
2012.

The Meeting authorized the Board of Directors to resolve on acquisitions of
Electrolux B-shares up to a maximum amount of 10 per cent of all shares issued
by the company. The Board was also authorized to transfer own shares on account
of company acquisitions. These authorizations are effective during the period
until next year’s AGM. Moreover, the Meeting decided that the Group may transfer
B-shares to the participants in the share program for 2012, according to the
conditions communicated in the notice convening the AGM.

Full details on the proposals adopted by the AGM can be downloaded at
www.electrolux.com/agm2012.

For further information, contact Electrolux Press Hotline, +46 8 657 65 07.

Electrolux may be required to disclose the information provided herein pursuant
to the Securities Market Act. The information was submitted for publication at
21.00 CET on March 27, 2012.