Resolutions adopted at SSAB’s 2011 Annual General Meeting
12.4.2011 15.00 CEST 6 min luettu
SSAB’s Annual General Meeting took place today, April 12, 2011, in Borlänge.
The Annual General Meeting determined the dividend at SEK 2.0 per share, with April 15, 2011 as the record date. Payment from Euroclear Sweden AB is expected to take place on April 20, 2011.
Discharge from liability
The Annual General Meeting granted the directors and the President discharge from liability for the 2010 financial year.
The Annual General Meeting resolved upon board fees in the amount of SEK 1,350,000 to the Chairman of the Board and SEK 450,000 to each director who is not employed in the Group. Compensation to members for committee work shall be payable in the amount of SEK 100,000 each, with the exception of the Chairman of the Audit Committee, who shall receive SEK 125,000. Fees to auditors shall be payable in accordance with approved invoices.
It was resolved that the Board of Directors shall comprise nine members. Directors Anders G Carlberg, Sverker Martin-Löf, Anders Nyrén, Matti Sundberg, John Tulloch and Lars Westerberg were re-elected. Jan Johansson, Martin Lindqvist and Annika Lundius were elected as new directors.
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 up to and including the 2012 annual general meeting.
Guidelines for determination of salary and other remuneration to the President and other senior executives
Guidelines for determination of salary and other remuneration to the President and other senior executives were adopted in accordance with the Board’s proposal as set forth in the notice to attend the Annual General Meeting.
The full text of the guidelines is available on the Company's website.
The information is such as SSAB is required to make public pursuant to the Securities Markets Act. The information was provided for publication on April 12, 2011.