2006 Annual General Meeting
Archive information from ASSA ABLOY's 2006 Annual General Meeting.
Below the information sent out in the press release after the meeting.
At today's Annual General Meeting of shareholders in ASSA ABLOY AB, the following members of the Board were re-elected: Gustaf Douglas, Melker Schörling, Carl-Henrik Svanberg, Carl Douglas, Per-Olof Eriksson, Lotta Lundén and Sven-Christer Nilsson. Johan Molin was elected new member of the board. Gustaf Douglas was elected Chairman of the Board and Melker Schörling and Carl-Henrik Svanberg were elected as deputy chairmen.
Election of Auditors
The Annual General Meeting elected PricewaterhouseCoopers, Stockholm, as auditor for a period of four years. Authorized public accountant Mr. Peter Nyllinge is the representative of the accounting firm.
Dividend
The Annual General Meeting established the dividend proposed by the Board of Directors and the Managing Director amounting to SEK 3.25 per share. Friday 28 April 2006 was established as record day, and payment from VPC (the Securities Register Center) is expected to start on Thursday 4 May 2006.
Remuneration to the Board
The Chairman and the Board of Directors receive fees of a total sum of SEK 3,250,000 (excluding fees for committee work).
Nomination Committee
The General Meeting decided to elect Melker Schörling, Gustaf Douglas, Staffan Grefbäck, Alecta and Marianne Nilsson, Robur members of the Nomination Committee until the end of the Annual General Meeting 2007. Melker Schörling was elected Chairman of the Nomination Committee.
Amendments of the Articles of Association
The Annual General Meeting resolved to amend the Articles of Association in accordance with the proposal of the Board of Directors, in order to adapt them to the new Swedish Companies Act.
Incentive Program for Senior Management
The Annual General Meeting resolved to introduce an incentive program for senior management within the ASSA ABLOY Group, in accordance with the proposal of the Board as earlier released. The offer is expected to comprise less than 100 persons in 15 countries.
Further information can be obtained from
Johan Molin, President and CEO, Tel: +46 8 506 485 42
Göran Jansson, Deputy CEO and CFO, Tel: +46 8 506 485 72
Martin Hamner, Director of Investor Relations and Group Controller, Tel: +46 8 506 485 79
Minutes
- Minutes AGM 2006(PDF, 43 KB)
Articles of Association
- Articles of Association 2006(PDF, 82 KB)
Documents AGM
- Invitation AGM 2006(PDF, 48 KB)
- Bond terms series 1 2006(PDF, 54 KB)
- Bond terms series 2 2006(PDF, 54 KB)
- Bond terms series 3 2006(PDF, 54 KB)
- Bond terms series 4 2006(PDF, 54 KB)
- Proposal-by-the-BoD-on-amendments-of-the-Articles-of-Association 2006(PDF, 45 KB)
- Proposal-by-the-Nomination-Committee-for-election-of-Board-of-directors 2006(PDF, 39 KB)
- Recommendation-by-the-BoD-to-issue-CBs-and-approve-incentive 2006(PDF, 35 KB)
- Report-on-the-work-of-the-Board-of-Directors-during-2005(PDF, 29 KB)
- Report-on-the-work-of-the-Nomination-Committee 2006(PDF, 28 KB)
- Statement-on-proposed-dividend-by-the-Board-of-Directors 2006(PDF, 13 KB)
Press release
- Press release after AGM 2006(PDF, 119 KB)
Related links
General Meeting
Shareholders’ rights to decide on the affairs of ASSA ABLOY are exercised at the General Meeting.Nomination Committee
The Nomination Committee has the task of preparing, on behalf of the shareholders, among other things, proposals to the Annual General Meeting regarding the election of the members of the Board of Directors and the election of the auditor as well as their fees.