The shareholders of the hygiene and health company Essity are invited to the Annual General Meeting on Thursday, March 27 in Stockholm. Shareholders can also vote by post in advance.
The Board of Directors proposes that the Meeting resolves on a dividend of SEK 8.25 per share.
The Nomination Committee proposes the election of Alexander Lacik and Katarina Martinson as new Board members.
Alexander Lacik is President and CEO of Danish Pandora.
Katarina Martinson has worked with asset management for the Lundberg family since 2009. Katarina Martinson is chairman of the board of Indutrade and a board member of Lundbergs, Industrivärden and Husqvarna. She is the daughter of financier Fredrik Lundberg.
Ewa Björling has declined re-election to the Board.
It is proposed that Jan Gurander be re-elected as Chairman and that Maria Carell, Annemarie Gardshol, Magnus Groth, Torbjörn Lööf, Bert Nordberg, Barbara M. Thoralfsson and Karl Åberg be re-elected as members.
The Meeting is proposed to resolve on an incentive program directed to senior executives and other managers and key employees in the Essity Group. The cost of the program amounts to a maximum of SEK 290 million. The program is cash-based and thus does not entail any dilution in the number of outstanding shares for the company's shareholders.
The Board of Directors proposes that the Annual General Meeting resolves to cancel 9.29 million own B shares. The Articles of Association are proposed to be amended, meaning that the number of shares shall be no less than 600 million and no more than 2.4 billion shares.
The Board of Directors seeks authorization from the AGM to decide on the acquisition of own shares.
