Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 12, 2021, Autoliv, Inc. (the "Company") held its 2021 Annual Meeting of
Stockholders (the "Annual Meeting"), where a total of 61,821,838 shares were
represented in person or by valid proxy. The proposals presented at the Annual
Meeting are described in detail in the Company's Definitive Proxy Statement for
the Annual Meeting, which was filed with the Securities and Exchange Commission
on March 24, 2021. At the Annual Meeting, the Company's stockholders took the
following actions:
Election of Directors
Mr. Mikael Bratt, Ms. Laurie Brlas, Mr. Jan Carlson, Mr. Hasse Johansson,
Mr. Leif Johansson, Mr. Franz-Josef Kortüm, Mr. Frédéric Lissalde, Ms. Min Liu,
Dr. Xiaozhi Liu, Mr. Martin Lundstedt, and Mr. Thaddeus "Ted" Senko were each
elected to the Company's board of directors (the "Board") for a one-year term
until the 2022 annual meeting of stockholders.
The votes cast were as follows:
Mr. Mikael Bratt: 60,989,502 votes for, 97,812 votes withheld and 734,524 broker
non-votes.
Ms. Laurie Brlas: 60,881,147 votes for, 206,167 votes withheld and 734,524
broker non-votes.
Mr. Jan Carlson: 54,274,003 votes for, 6,813,311 votes withheld and 734,524
broker non-votes.
Mr. Hasse Johansson: 60,642,679 votes for, 444,635 votes withheld and 734,524
broker non-votes.
Mr. Leif Johansson: 59,782,789 votes for, 1,304,525 votes withheld and 734,524
broker non-votes.
Mr. Franz-Josef Kortüm: 60,642,601 votes for, 444,713 votes withheld and 734,524
broker non-votes.
Mr. Frédéric Lissalde: 60,978,557 votes for, 108,757 votes withheld and 734,524
broker non-votes.
Ms. Min Liu: 60,992,772 votes for, 94,542 votes withheld and 734,524broker
non-votes.
Dr. Xiaozhi Liu: 60,848,597 votes for, 238,717 votes withheld and 734,524 broker
non-votes.
Mr. Martin Lundstedt: 60,985,226 votes for, 102,088 votes withheld and 734,524
broker non-votes.
Mr. Thaddeus "Ted" Senko: 60,589,988 votes for, 497,326 votes withheld and
734,524 broker non-votes.
Advisory Vote to Approve Executive Compensation
Stockholders of the Company approved, on a non-binding, advisory basis, a
resolution approving the compensation of the Company's named executive officers
for fiscal year 2020. The votes cast were as follows:
49,911,834 votes for, 10,993,066 votes against, 182,414 abstentions and 734,524
broker non-votes.
Ratification of Appointment of Independent Auditors
Stockholders of the Company ratified the appointment of Ernst & Young AB as the
Company's independent registered public accounting firm for fiscal year ending
December 31, 2021. The votes cast were as follows:
59,025,336 votes for, 2,729,434 votes against, 67,068 abstentions and 0 broker
non-votes.
A copy of the press release dated May 13, 2021 regarding the results of the
Annual Meeting is filed as Exhibit 99.1 to this report and is incorporated
herein by reference.
Item 8.01 Other Events.
Committees of the Board and Lead Independent Director
In the press release dated May 13, 2021, the Company announced changes approved
by the Board effective as of May 12, 2021 to the standing Board committees and
the membership of those committees. The standing committees are now composed as
follows:
Audit and Risk Committee: Ted Senko (Chair), Laurie Brlas, Hasse Johansson, and
Min Liu
Leadership Development and Compensation Committee: Frédéric Lissalde (Chair),
Leif Johansson, Xiaozhi Liu, and Martin Lundstedt
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Nominating and Corporate Governance Committee: Leif Johansson (Chair), Laurie
Brlas, Franz-Josef Kortüm, and Frédéric Lissalde
In the same press release, the Company also announced that the independent
members of the Board elected Franz-Josef Kortüm as the Lead Independent Director
of the Board and that Jan Carlson continues as the Chairman of the Board of
Directors.
A copy of the press release dated May 13, 2021 is filed as Exhibit 99.1 to this
report and is incorporated herein by reference.
Second Quarter Dividend
In a press release dated May 12, 2021, the Company announced that the Board
declared a quarterly dividend of $0.62 cents per share for the second quarter of
2021. The dividend will be payable on Monday, June 14, 2021 to the Company
stockholders of record on the close of business on Friday, May 28, 2021.
A copy of the press release dated May 12, 2021 regarding the second quarter
dividend is filed as Exhibit 99.2 to this report and is incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits.
(d) EXHIBITS
99.1 Press Release of Autoliv, Inc. dated May 13, 2021 (Annual Meeting).
99.2 Press Release of Autoliv, Inc. dated May 12, 2021 (Dividend Declaration).
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