2007 Annual General Meeting
Archive information from ASSA ABLOY's 2007 Annual General Meeting.
Below the information sent out in the press release after the meeting.
At today's Annual General Meeting of shareholders in ASSA ABLOY AB, the following members of the Board were re-elected: Gustaf Douglas, Melker Schörling, Carl-Henric Svanberg, Carl Douglas, Per-Olof Eriksson, Lotta Lundén, Johan Molin and Sven-Christer Nilsson. Gustaf Douglas was elected Chairman of the Board and Melker Schörling and Carl-Henric Svanberg were elected as deputy chairmen.
Dividend
The Annual General Meeting established the dividend proposed by the Board of Directors and the Managing Director amounting to SEK 3.25 per share. Wednesday 2 May 2007 was established as record day, and payment from VPC (the Securities Register Center) is expected to start on Monday 7 May 2007.
Remuneration to the Board
The fees to the Chairman and the Board of Directors will be unchanged and amount to
SEK 3,250,000 (excluding fees for committee work).
Nomination Committee
The General Meeting decided to elect Melker Schörling, Gustaf Douglas, Marianne Nilsson, Swedbank Robur and Björn Lind, SEB fonder members of the Nomination Committee until the end of the Annual General Meeting 2008. Melker Schörling was elected Chairman of the Nomination Committee.
Determination of Guidelines for Remuneration to Management
The Annual General Meeting resolved upon guidelines for remuneration to management principally entailing that salaries and other terms of remuneration of the management shall be in accordance with market conditions.
Incentive Program for employees within ASSA ABLOY
The Annual General Meeting resolved to introduce a global incentive program for employees within the ASSA ABLOY Group, in accordance with the proposal of the Board as earlier released. The offer is expected to comprise around 28 000 employees in 17 countries.
For more information, please contact:
Johan Molin, President and CEO, tel: +46 8 506 485 42
Tomas Eliasson, CFO and Executive Vice President, tel: +46 8 506 485 72
Articles of Association
- Articles of Association 2007(PDF, 30 KB)
Documents AGM
- Invitation to Annual General Meeting 2007(PDF, 51 KB)
- Bond terms series 1 2007(PDF, 70 KB)
- Bond terms series 2 2007(PDF, 69 KB)
- Bond terms series 3 2007(PDF, 69 KB)
- Bond terms series 4 2007(PDF, 69 KB)
- Proposal by the board of directors of ASSA ABLOY AB to issue convertible bonds and to approve an incentive program for employees 2007(PDF, 32 KB)
- Proposal by the Nomination Committee for election of board of directors 2007(PDF, 36 KB)
- Proposal of the Board of Directors for guidelines for remuneration to the management 2007(PDF, 16 KB)
- Report on the work of the Board of Directors 2007(PDF, 18 KB)
- Report on the work of the Nomination Committee 2007(PDF, 24 KB)
- Statement on proposed dividend by the Board of Directors 2007(PDF, 16 KB)
Press release
- Press release after AGM 2007(PDF, 24 KB)
Related links
General Meeting
Shareholders’ rights to decide on the affairs of ASSA ABLOY are exercised at the General Meeting.Nomination Committee
The Nomination Committee has the task of preparing, on behalf of the shareholders, among other things, proposals to the Annual General Meeting regarding the election of the members of the Board of Directors and the election of the auditor as well as their fees.