Press release from Trelleborg AB’s 2019 Annual General Meeting

Date: 27.03.19

Trelleborg AB’s Annual General Meeting was held on March 27, 2019, in Trelleborg, Sweden.

Dividend

In accordance with the proposal of the Board, the Annual General Meeting resolved to pay a dividend of SEK 4.75 per share (4.50). The record date is March 29, 2019, which means that the dividend is expected to be distributed by Euroclear Sweden AB on April 3, 2019.

Income statement and balance sheet

The Meeting adopted the income statement and balance sheet, and the consolidated income statement and balance sheet for 2018. The members of the Board and the President were discharged from personal liability for the 2018 fiscal year.

Board of Directors and auditor

In accordance with the Nomination Committee’s proposal, Hans Biörck, Gunilla Fransson, Johan Malmquist, Peter Nilsson, Anne Mette Olesen, Susanne Pahlén Åklundh, Panu Routila and Jan Ståhlberg were re-elected as Board members. The Meeting elected Hans Biörck as Chairman of the Board.

The Company’s auditor, Deloitte AB, with Hans Warén as auditor in charge, was re-elected for the period until the close of the 2020 Annual General Meeting.

Remuneration and remuneration principles

In accordance with the Nomination Committee’s proposal, the Meeting decided that the total fees paid to the Board, excluding travel expenses, be SEK 5,350,000 (5,100,000), with SEK 1,750,000 (1,650,000) to be paid to the Chairman and SEK 600,000 (575,000) each to be paid to those Board members who are not employed within the Trelleborg Group. The Meeting decided that the auditor’s fees be paid on a current account basis.

In addition, the Meeting decided that fees paid to those assigned to the Audit Committee be SEK 220,000 (200,000) for the Chairman and SEK 140,000 (130,000) for each member and that fees paid to those assigned to the Remuneration Committee be SEK 125,000 (120,000) for the Chairman and SEK 75,000 (70,000) for each member. The Meeting also decided that fees paid those assigned to the Finance Committee be SEK 75,000 (70,000) each for the Chairman and the members.

In accordance with the Board’s proposal, the Meeting approved the remuneration principles for the President and senior executives.

A video of the President and CEO Peter Nilsson’s address at the Meeting (Swedish only), together with a transcript (Swedish and English), will be available shortly at www.trelleborg.com. Minutes from the Annual General Meeting will also be published on www.trelleborg.com.

For further information, please contact:
Media: Vice President Media Relations Karin Larsson, 46 (0)410 67015, 46 (0)733 747015, karin.larsson@trelleborg.com
Investors/analysts: Vice President IR Christofer Sjögren, 46 (0)410 67068, 46 (0)708 665140, christofer.sjogren@trelleborg.com

This information is information that Trelleborg AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 16:45 p.m. CET on March 27, 2019.

Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 34 billion and operations in about 50 countries. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap. 
www.trelleborg.com

Press release