REG - Swedbank AB - Swedbank's Annual General Meeting 2025

Swedbank ABAnnouncement

26/03/2025 16:15

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RNS Number : 3558C  Swedbank AB  26 March 2025

 

Press Release

 

26 March 2025

 

Swedbank's Annual General Meeting 2025

At today's Annual General Meeting in Swedbank, the meeting decided in
accordance with the Board of Directors' and the Nomination Committee's
proposals.

The Annual General Meeting decided that there shall be eleven board members
and to re-elect Göran Bengtsson, Annika Creutzer, Hans Eckerström, Kerstin
Hermansson, Helena Liljedahl, Anna Mossberg, Per Olof Nyman, Biljana Pehrsson,
Göran Persson and Biörn Riese. Rasmus Roos was elected as new board member.
The Annual General Meeting elected Göran Persson as Chair of the Board of
Directors. Öhrlings PricewaterhouseCoopers AB was elected as auditor for the
period until the end of the 2026 Annual General Meeting. Chief Auditor is
Anneli Granqvist. At the statutory Board meeting, Biörn Riese was appointed
deputy Chair of the Board of Directors.

Fees

The Annual General Meeting adopted the following fees:

·    Chair of the Board of Directors SEK 3,450,000,

·    Deputy Chair of the Board of Directors SEK 1,155,000,

·    Other Board members SEK 800,000,

·    Chair of the Board's Risk and Capital Committee SEK 550,000,

·    Other members of the Board's Risk and Capital Committee SEK 320,000,

·    Chair of the Board's Audit Committee SEK 540,000,

·    Other members of the Board's Audit Committee SEK 320,000,

·    Chair of the Board's Remuneration and Sustainability Committee
SEK 415,000,

·    Other members of the Board's Remuneration and Sustainability
Committee SEK 245,000,

·    Chair of the Board´s Governance Committee SEK 495,000, and

·    Other members of the Board's Governance Committee SEK 300,000.

 

Auditor's fee shall be payable by approved account.

 

Profit and loss account and balance sheet and decision on dividend

The Annual General Meeting decided to adopt the profit and loss account and
balance sheet of the bank and the consolidated profit and loss account and
consolidated balance sheet for the financial year 2024.

The Annual General Meeting decided that an ordinary dividend of SEK 21.70 per
share shall be distributed to the shareholders. The record date for the
dividend was set at 28 March 2025.

Other decisions

In addition, the Annual General Meeting decided the following:

 

·    The members of the Board of Directors, the deputy directors and the
CEO were granted discharge of liabilities.

·    Decision on principles on how the Nomination Committee shall be
appointed and instruction for the Nomination Committee's work.

·    Decision to acquire own shares in accordance with the Securities
Market Act.

·    Decision regarding authorisation for the Board of Directors to decide
on the acquisition of own shares in addition to acquisition in accordance with
the Securities Market Act.

·    Decision on authorisation for the Board of Directors to decide on the
issuance of convertibles.

·    Approval of performance and share-based remuneration programs for
2025 for the Swedbank Group - partly a general 2025 program and partly an
individual 2025 program - as well as a decision regarding the transfer of
ordinary shares etc. under the 2025 programs and programs adopted by previous
Annual General Meetings.

·    Approval of submitted Remuneration Report.

 

The Annual General Meeting decided to reject matters submitted by
shareholders.

 

For further information please contact:

Hannes Mård, Media Relations Manager, tel: +46 73 057 41 95

Mattias Danielsson, Investor Relations, tel: +46 70 211 91 80

 

Swedbank empowers the many people and businesses to create a better future.
Our vision is a financially sound and sustainable society. Swedbank Group is
the leading bank with over 7 million retail customers and 550 000 corporate
customers in our four home markets: Sweden, Estonia, Latvia and Lithuania.
Swedbank Group is also present in other Nordic countries, the U.S. and China.
Together we make your financial life easier. Find out more: www.swedbank.com

 

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