LUND, Sweden, April 26, 2022 /PRNewswire/ — The annual general meeting of Alfa Laval AB (publ) was held on Tuesday, April 26, 2022at the Scandic Star Hotel in lund. The Annual General Meeting was held under the chairmanship of Alfa Laval Chairman of the Board, Dennis Jönsson, and the Company’s President and CEO. Tom Erixon gave a presentation on the past year and the strategic direction ahead.

In his presentation, Tom Erixon spoke about 2021 – a year characterized by strong order growth driven by a global recovery and accelerating demand for more sustainable solutions across Alfa Laval’s three divisions. The presentation also explained the importance of continuing to invest for the future by increasing investment in R&D, new skills and production capacity to lead development in the company’s technological areas and support both Alfa Laval and the company’s customers in the work of reducing the climate impact. .

Income statement and balance sheet and disclaimer
The General Meeting approved the income statement and balance sheet as well as the 2021 consolidated income statement and balance sheet as presented. The members of the Board of Directors and the CEO of the company have been relieved of their responsibilities for the period covered by the annual report.

Dividend
The annual general meeting decided on a dividend to the shareholders of SEK6.00 per share. It was further decided that the record date of the dividend should be Thursday, April 28, 2022meaning that the dividend payment should be distributed by Euroclear Sweden AB on Tuesday, May 3, 2022.

Board of directors and external auditor
The Annual General Meeting has decided that the number of directors appointed by the Meeting will be eight, with no substitutes. The number of auditors and assistant auditors was decided on two.

In accordance with the proposal of the Appointments Committee, Lilian Fossum carabinerMaria Moraeus Hanssen, Dennis Jonsson, Henrik LangeRay Mauritsson, Finn Rausing, Jörn Rausing and Ulf Wiinberg were re-elected as members of the Board of Directors for the period until the end of the Annual General Meeting in 2023. Dennis Jönsson was re-elected Chairman of the Board administration.

The General Meeting decided to re-elect the chartered accountants Staffan Landén and Karoline Tedevall as auditors of the company and the chartered accountants Henrik Jonzén and Andreas Mast as the company’s assistant auditors for the coming year.

Fees and Remuneration
The Annual General Meeting has decided, in accordance with the proposal of the Appointments Committee, that attendance fees will be paid in the amount of SEK 1,900,000 to the Chairman of the Board of Directors and SEK 635,000 each to other members who are not employees of the company. In addition, the fees for the work of the commissions are paid in the amount of SEK 300,000 to the Chairman of the Audit Committee and up to SEK 150,000 each to the other members, and in the amount of SEK 75,000 to the Chairman of the Compensation Committee and SEK 75,000 each to the other members.

It was decided, in accordance with the proposal of the Nominations Committee, that the fees of the auditors will be paid in accordance with the approved invoices.

The General Meeting also decided to approve the remuneration report presented by the Board.

Reduction of share capital
The board of directors proposes to the annual general meeting to decide to reduce the share capital by canceling the 5,579,492 shares currently bought back under the share buyback program of Alfa Laval AB. The Board of Directors proposes that the amount of the reduction be transferred to the equity of the company, the share capital being reduced by SEK14,854,300.

In order to restore the share capital after the share capital reduction, the board of directors proposes to the annual general meeting to decide simultaneously to increase the share capital by SEK14,854,300 by free allocation without issuing new shares. It is proposed to transfer the amount of the reduction from the unallocated equity of the company.

Authorization to be given to the Board to decide to acquire company shares

The General Meeting has decided that the Board of Directors is authorized, for a period up to the 2023 General Meeting, to acquire shares of the company as many times as it deems appropriate. However, only to the extent that the company’s ownership at no time exceeds five percent of the company’s shares which are not redeemed. The purchase will be made on Nasdaq Stockholm at a price per share within the prevailing price range.

The complete minutes of the annual general meeting will be published on www.alfalaval.com.

For more information please contact:
Johan Lundin
Head of Investor Relations
Tel: +46 46 36 65 10
Mobile: +46 730 46 30 90

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https://news.cision.com/alfa-laval/r/bulletin-from-the-annual-general-meeting-of-alfa-laval-ab–publ-,c3552419

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SOURCEAlfa Laval