At today's Annual General Meeting the meeting decided in accordance with the Board of Directors and the Nomination Committees proposals.
The Board of Directors
The Annual General Meeting decided that there shall be ten board members and to elect
Fees
The Annual General Meeting decided that the Board fees shall remain unchanged:
· Chair of the Board of Directors
· Deputy Chair of the Board of Directors
· Other Board members
· Chair of the Board's Audit Committee
· Other members of the Board's Audit Committee
· Chair of the Board's Risk and Capital Committee
· Other members of the Board's Risk and Capital Committee
· Chair and other members of the Board's Remuneration Committee
The Annual General Meeting decided that fees for members of the newly established Governance Committee should be as follows:
· Chair of the Board's Governance Committee
· Other members of the Board's Governance Committee
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 2019.
The Annual General Meeting decided that the total profit at the disposal of the AGM, should be carried forward.
Other decisions
In addition, the Annual General Meeting adopted the following:
· Discharge of liability regarding 2019 was granted for the members of the Board of Directors and the CEOs, with the exception of the previous CEO
· Decision on Principles on how the Nomination Committee shall be appointed and Instruction for the Nomination Committee regarding the work ahead of the AGM 2021.
· Decision on the guidelines for remuneration to top executives
· Decision to acquire own shares in accordance with the Securities Market Act
· Decision regarding authorization 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 authorization for the Board of Directors to decide on the issuance of convertibles
· Approval of share-based remuneration program for 2020 for the
Göran Persson's and
For further information please contact:
https://news.cision.com/swedbank/r/swedbank-s-annual-general-meeting-2020,c3122457
https://mb.cision.com/Main/67/3122457/1255338.pdf
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