Annual General Meeting 2017 for Lindab International AB (publ)

Lindab International AB (publ) held its Annual General Meeting on 9 May 2017 at Grevieparken in Båstad, Sweden with approximately 200 persons in attendance.

Resolutions

The Meeting resolved in favour of all the proposals of the Board and the Nomination Committee. The most important resolutions are described below.
 
Election of the Board of Directors 
The Meeting resolved to re-elect as members of the Board Sonat Burman-Olsson, Per Bertland, Viveka Ekberg, Peter Nilsson and Bent Johannesson. Anette Frumerie and John Hedberg were elected as new members of the Board. Peter Nilsson was re-elected as Chairman of the Board.
 
Election of Auditor
The Meeting resolved to re-elect the audit firm Deloitte AB as the Company's auditor for the period until the end of the next Annual General Meeting.

Adoption of statements etc.
The Meeting adopted the Company's and the Group's income statements and balance sheets and discharged the Board members and the CEO from liability for the financial year 2016. 
 
Dividend
In accordance with the Board's proposal, the Meeting resolved on a dividend of 1.40 SEK per share and that the record date for the right to dividend shall be 11 May 2017.
 
Authorisation for the Board to resolve on transfer of treasury shares
The Meeting authorised the Board to resolve on transfer of treasury shares. Authorisations may be exercised on one or several occasions during the period up until the next Annual General Meeting.

Fees to the Board, the Auditor and the Board's committees
The Meeting resolved the fees to the Board as follows:
The fee to the Chairman of the Board shall amount to SEK 663,000 and the fee to each of the other Board members elected by the Annual General Meeting shall amount to SEK 306,000. The fee to each of the ordinary employee representatives shall amount to SEK 25,500. The total fee for the ordinary work of the Board amounts to SEK 2,550,000.
                     
The Meeting resolved that the fees to the Board's committees shall be as follows:
The Chairman of the Audit Committee shall receive a fee of SEK 100,000 and each of the other members shall receive a fee of SEK 50,000.
The Chairman of the Remuneration Committee shall receive a fee of SEK 60,000 and each of the other members shall receive a fee of SEK 30,000.
The total fee for the services of the Audit Committee and the Remuneration Committee shall not exceed SEK 320,000.

The Meeting resolved that the Auditor's fee shall be paid in accordance with approved account. 

Nomination Committee
The Meeting resolved on a procedure for the Nomination Committee meaning that the three largest shareholders shall each nominate a member to the Nomination Committee. In addition, the Chairman of the Board shall be a member of the Nomination Committee. 

Guidelines for remuneration to senior executives 
The Meeting resolved on guidelines for remuneration to senior executives in accordance with the Board's proposal. 

Warrant plan for senior executives
The Meeting resolved to introduce a warrant plan for senior executives in the Lindab Group. The Meeting authorised the Company to issue up to 110,000 warrants.

End