Resolutions adopted at SSAB’s 2013 AGM
april 12, 2013 15:30 CEST 6 min read
SSAB's annual general meeting was held today, April 12, 2013, in Stockholm.
The AGM resolved upon a dividend of SEK 1.00 per share, with a record date of April 17, 2013. The dividend is expected to be disbursed by Euroclear Sweden AB on April 22, 2013.
Discharge from liability
The general meeting granted the directors and CEO discharge from liability in respect of the 2012 financial year.
The AGM resolved on board fees in the amount of SEK 1,425,000 for the chairman of the board and SEK 475,000 for each director who is not employed in the Group. Compensation of SEK 100,000 will be paid to directors in respect of committee work, with the exception of the chairman of the audit committee, who will be compensated with SEK 125,000. Auditor fees will be paid in accordance with approved invoice.
It was resolved that the board of directors shall comprise nine members. Directors Anders G Carlberg, Jan Johansson, Martin Lindqvist, Annika Lundius, Sverker Martin-Löf, Matti Sundberg, John Tulloch and Lars Westerberg were re-elected. Pär Östberg was elected for the first time.
Sverker Martin-Löf was re-elected as chairman of the board.
It was resolved that the number of auditors shall comprise a registered accounting firm. PricewaterhouseCoopers was re-elected for a term of office up to and including the 2014 AGM.
Guidelines for determination of salary and other compensation for the CEO and other members of the Group Executive Committee
Guidelines were adopted regarding the determination of salary and other compensation for the CEO and other members of the Group Executive Committee in accordance with the board's proposal, which was included in the notice to attend the AGM.
The full text of the guidelines is available on SSAB's website.
The information was provided for publication on April 12, 2013.