Press release from Trelleborg AB’s 2022 Annual General Meeting
Trelleborg AB held its 2022 Annual General Meeting today, April 27, 2022. In order to minimize the risk of spreading the coronavirus, the Meeting was held without the physical presence of shareholders who could only exercise their voting rights via postal voting.
Presentations by the Chairman of the Board, Hans Biörck, and the CEO, Peter Nilsson, will be available today on www.trelleborg.com.
The Meeting resolved in accordance with the board of directors’ proposal to pay a dividend in the amount of SEK 5.50 per share. The record date for the dividend was set as April 29, 2022, which means the dividend is expected to be distributed by Euroclear Sweden AB on May 4, 2022.
Income statement and balance sheet
The Meeting adopted the income statement and balance sheet and the consolidated income statement and balance sheet for 2021.
The members of the board and the CEO were discharged from personal liability for the 2021 financial year.
Board of directors and auditor
In accordance with the Nomination Committee’s proposal, it was resolved that the board of directors should comprise seven members elected by the Meeting, with no deputies.
In accordance with the Nomination Committee’s proposal, Hans Biörck, Gunilla Fransson, Monica Gimre, Johan Malmquist, Peter Nilsson, Anne Mette Olesen 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 2023 Annual General Meeting.
Remuneration of board members and auditor
The Meeting resolved in accordance with the Nomination Committee’s proposal that fees paid to the board of directors shall be SEK 5,350,000 (5,150,000) with SEK 1,975,000 (1,900,000) to be paid to the Chairman and SEK 675,000 (650,000) each to be paid to those board members who are not employed within the Trelleborg Group.
In addition, the Meeting resolved that fees paid to those assigned to the Audit Committee shall be
SEK 275,000 (250,000) for the Chairman and SEK 160,000 (150,000) for each member not employed within the Trelleborg Group and that fees paid to those assigned to the Remuneration Committee shall be SEK 160,000 (150,000) for the Chairman and SEK 90,000 (85,000) for each member not employed within the Trelleborg Group. The Meeting also resolved that fees paid to those assigned to the Finance Committee shall be SEK 90,000 (85,000) each for the Chairman and to other members who are not employed within the Trelleborg Group.
The auditor’s fees are to be paid on a current account basis.
Remuneration report 2021
The Meeting approved the board of directors’ remuneration report for the 2021 financial year.
Resolution on principles of remuneration for senior executives
The Meeting resolved in accordance with the board of directors’ proposal on principles of remuneration for senior executives.
Resolution on authorisation of the board of directors to resolve on repurchase of own shares
The Meeting resolved in accordance with the board of directors’ proposal on to authorise the board of directors during the period until the next Annual General Meeting to resolve on acquisition of own shares on Nasdaq Stockholm with the purpose to start adapting the company’s capital structure and thereby contribute to increased shareholder value.
Minutes from the Annual General Meeting will be published on www.trelleborg.com.