Annual General Meeting of Securitas AB (publ) 2010

Annual General Meeting of Securitas AB (publ) 2010

At today's Annual General Meeting of Securitas AB (publ) the following was
resolved:

Board of Directors
The Annual General Meeting resolved that the number of Board members shall be
nine with no deputy members. The Meeting re-elected Fredrik Cappelen, Carl
Douglas, Marie Ehrling, Annika Falkengren, Stuart E. Graham, Alf Göransson,
Fredrik Palmstierna, Melker Schörling and Sofia Schörling-Högberg. Melker
Schörling was re-elected Chairman of the Board. The fee to the Board members was
determined to SEK 4,875,000 in total (including fees for committee work)
apportioned so that the Chairman of the Board shall receive SEK 1,000,000, the
deputy Chairman SEK 725,000 and the other Board members, except for the
President, SEK 450,000 each. The Chairman of the Audit Committee shall receive
SEK 200,000, the Chairman of the Remuneration Committee SEK 100,000, a member of
the Audit Committee SEK 100,000 and a member of the Remuneration Committee SEK
50,000. The auditor's fees are to be paid as per agreement. 

Auditor
At the Annual General Meeting 2008 the accounting firm PricewaterhouseCoopers,
Stockholm, was elected auditor of the company for a period of four years. Peter
Nyllinge, authorised public accountant, is auditor in charge.

Nomination Committee
The Meeting re-elected Gustaf Douglas (Investment AB Latour, etc.), Marianne
Nilsson (Swedbank Robur Fonder), Per-Erik Mohlin  (SEB Fonder/SEB Trygg Liv),
and Mikael Ekdahl (Melker Schörling AB) and elected Lars Rosén
(Länsförsäkringar) as members of the Nomination Committee before the Annual
General Meeting 2011. Gustaf Douglas was appointed Chairman of the Committee.

Dividend
In accordance with the proposal of the Board, the Meeting resolved to declare a
dividend of SEK 3.00 per share. May 7, 2010 was determined as record date for
dividend and payment from Euroclear Sweden AB is expected to commence on May 12,
2010.

Guidelines for remuneration to management
The Annual General Meeting resolved on the adoption of guidelines for
remuneration to management, principally entailing that the total remuneration
shall be competitive and in accordance with market conditions. The benefits
shall consist of fixed salary, possible variable remuneration and other
customary benefits and pension. The variable remuneration shall have an upper
limit and be related to the fixed salary. The variable remuneration shall be
based on the outcome in relation to set targets and be in line with the
interests of the shareholders. Pension benefits shall be fee-based and pension
rights shall be applicable as from the age of 65, at the earliest. The variable
remuneration shall not be pension qualifying unless local regulations provide
otherwise. The complete guidelines are published on the company website
www.securitas.com.


Implementation of an incentive scheme
The Annual General Meeting resolved on a share and cash bonus scheme.
Approximately 2,500 Securitas employees now participating in the Securitas cash
bonus schemes will participate in the Incentive Scheme and thereby be entitled
to receive a part of the yearly cash bonus in the form of shares in Securitas,
provided that certain predetermined and measurable performance criteria, which
currently apply under the cash bonus schemes, are met.  The Annual General
meeting decided that the Incentive Scheme will be hedged by the entry of
Securitas into a share swap agreement with a third party, whereby the third
party in its own name shall acquire and transfer shares in the company to
employees participating in the scheme. Further information is published on the
company website www.securitas.com.

CEO Comments

President and CEO Alf Göransson reported on Securitas operations during the year
2009 and commented further work within Securitas. The script and the
presentation are published in complete versions at www.securitas.com. The quotas
below are from the script and refer to the operations:

“Briefly, I could summarize 2009 as a difficult but successful year for
Securitas.”

 “Despite a challenging business climate with volume cutbacks and pressure on
prices, 2009 was nevertheless a successful year. For example, we established a
segment in the area of healthcare in the USA, which we believe will be a growth
area in the coming years. Furthermore, we achieved success in Sweden in the area
of Mobile and Monitoring with Securitas Home Alert Services, and we plan to
expand these efforts to other markets in 2010. Our presence in Eastern Europe
and Latin America also grew satisfactorily.”

“We intend to remain active in the area of acquisitions during 2010 and to
selectively take advantage of the opportunities brought about by the recession.
We have an acquisition capacity that is equivalent to approximately half of the
free cash flow generated by the Group, which typically entails a sales growth
rate of between 3 and 5 percent annually through acquisitions made by the Group.
We do not have any geographical limitations. Instead, we prioritize the best
transactions and returns in mature markets that offer favorable synergies and in
which we can complement or strengthen our market position, as well as in new
markets where we are primarily able to strengthen our position in global
procurement.”

“One of our most important and decisive challenges is to maintain the balance
between wage increases and price increases in the customer portfolio. We
succeeded in doing this in both 2008 and 2009. During 2010, we will face the
difficult challenge of continuing to maintain this balance, a task that will be
particularly tough since our customers have limited understanding or acceptance
of price increases in a low inflation environment. Accordingly, eliminating or
at least minimizing all increases in fixed wages costs will be an important
defensive measure in 2010. In 2009, we achieved significant cost reductions,
particularly in larger markets, such as the USA, Spain and France, where we have
experienced negative growth for some time. While we can never fully offset the
costs associated with a decline in volume, we hope to be able to adopt a
restrained approach when it comes to redeploying resources when growth recovers,
thereby benefitting from the cost-cutting measures that were implemented.”

This press release is also available at: www.securitas.com

Information:
Gisela Lindstrand, Senior Vice President Corporate Communications and Public
Affairs, 
Securitas AB, mobile +46 70 287 8662
Micaela Sjökvist, Head of Investor Relations, mobile +46 76 116 7443

Securitas is a knowledge leader in security. By focusing on providing security
solutions to fit each customer's needs, Securitas has achieved sustainable
growth and profitability in 40 countries in North America, Europe, Latin
America, Middle East, Asia and Africa. Everywhere from small stores to airports,
our 260,000 employees are making a difference.

Securitas AB discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 17.45 (CET) on May 4, 2010