Annual General Meeting in Hexagon AB

At the Annual General Meeting in Hexagon AB (publ) today, the following was resolved.

Election of Board of Directors
The AGM re-elected the Directors Ola Rollén, Gun Nilsson, Ulrika Francke, John Brandon, Henrik Henriksson, Sofia Schörling Högberg and Märta Schörling Andreen and elected Patrick Söderlund as ordinary board members. Gun Nilsson was re-elected Chairman of the Board.

Remuneration to the Directors shall remain unchanged and be allocated with SEK 1,850,000 to the Chairman and SEK 615,000 to each of the other Directors elected by the AGM and not employed by the company. The Chairman of the Remuneration Committee shall receive SEK 85,000 and a member thereof SEK 60,000, and the Chairman of the Audit Committee SEK 250,000 and a member thereof SEK 200,000. The auditor shall be remunerated according to agreement.

Allocation of the company’s profit
In accordance with the proposal of the Board of Directors, the AGM resolved that no dividend shall be paid to the shareholders for the financial year 2019. It is the ambition of the Board of Directors to convene an extraordinary general meeting during the autumn 2020 to resolve on a dividend according to the previously communicated proposal for dividend provided that the market conditions have stabilised.

Nomination, Remuneration and Audit Committees
The AGM re-elected Mikael Ekdahl (Melker Schörling AB), Jan Andersson (Swedbank Robur fonder) and Johan Strandberg (SEB Investment Management) and elected Anders Oscarsson (AMF and AMF Fonder) as members of the Nomination Committee in respect of the AGM 2021. Mikael Ekdahl was appointed Chairman of the Nomination Committee.

At the Statutory Board Meeting following the AGM, Gun Nilsson and Sofia Schörling Högberg were elected as members of the Remuneration Committee for the time period until the next Statutory Meeting. For the same term, Gun Nilsson, Ulrika Francke and Sofia Schörling Högberg were elected members of the Audit Committee.

Guidelines for remuneration to senior executives
The AGM resolved to adopt the guidelines for remuneration to senior executives in accordance with the proposal of the Board of Directors.

Amendment of the Articles of Association
The AGM resolved on amendment of the Articles of Association due to previous and expected changes in legislation in accordance with the proposal of the Board of Directors.

For further information, please contact:
Maria Luthström, Head of Investor Relations, Hexagon AB, +46 8 601 26 27, ir@hexagon.com

The information was submitted for publication at 18.30 CET on 29 April 2020.