Loomis AB: Loomis Annual General Meeting 2023
Loomis ABtoday, on4 May 2023, held its Annual General Meeting. The Meeting adopted the following resolutions.
Income statement and balance sheet and decision on dividend
The Meeting resolved to adopt the income statement and the balance sheet and the consolidated income statement and the consolidated balance sheet for the financial year 2022. Further, it was resolved on a dividend ofSEK 12per share and the record date was set to8 May 2023. The dividend is expected to be paid byEuroclear Sweden ABon11 May, 2023.
Board of Directors and auditor
The Board members and the CEO were discharged from liability for their administration during the financial year 2022.
Alf Göransson,Jeanette Almberg,Lars Blecko, Cecilia Daun Wennborg, Liv Forhaug, Johan Lundberg and Santiago Galazwere re-elected as Board members.Alf Göranssonwas re-elected as Chairman of the Board.
Fees to the Board members were set atSEK 5,300,000 in total (based on an unchanged number of committee members), to be distributed as follows: the Chairman of the BoardSEK 1,300,000and each of the other Board membersSEK 550,000. In addition, fees for committee work were set atSEK300,000for the Chairman of the Audit Committee,SEK 100,000for the Chairman of the Remuneration Committee,SEK 125,000for a member of the Audit Committee and SEK50,000 for a member of the Remuneration Committee.
The Meeting re-elected the accounting firmDeloitte ABas the company's auditor, with authorized public accountantPeter Ekbergas auditor in charge, for a period of one year. The Meeting further resolved that the auditor's fees are to be paid as per agreement.
LTIP 2023
The Meeting resolvedon the implementation of a new long-term incentive programfor group management and certain key employees within the Loomis group (LTIP 2023), in total approx. 80 persons, also including hedging measures. The program, which among other things entails that the participants must invest in Loomis shares, comprise one share matching plan and one performance plan. The outcome in the form of so-called performance shares is linked to the achievement of two fixed performance targets relating to earnings per share and CO2 emissions reduction.
Authorization for the Board to resolve on repurchase and transfer of own shares
The Meeting resolved to authorize the Board to resolve on repurchase and transfer of own shares with the purpose to enable the Board to continuously adapt Loomis' capital structure to the company's capital requirements and to enable financing of acquisitions by using own shares.
Remuneration report
The Meeting resolved to not approve the Remuneration report.
Minutes from the Meeting will be available on the company's website, www.loomis.com.
This press release is also available on the company's website.
May 4, 2023