Resolutions at ASSA ABLOY AB's Annual General Meeting 23 April 2025

Rhea-AI Summary

ASSA ABLOY held its Annual General Meeting on April 23, 2025, in Stockholm, where several key resolutions were adopted. The company approved a dividend of SEK 5.90 per share, to be paid in two equal installments on April 30 and November 14, 2025.

Shareholders re-elected seven board members, with Johan Hjertonsson continuing as Chairman and Carl Douglas as Vice Chairman. Ernst & Young AB was re-appointed as auditor until the 2026 AGM. The board's total remuneration was set at SEK 10,106,000.

Notable resolutions included authorization for share repurchase of Series B shares (up to 10% of total shares) and the approval of a new long-term incentive program (LTI 2025) for senior executives and key employees.

Positive

• Dividend payment of SEK 5.90 per share approved
• Authorization for share buyback program up to 10% of total shares
• Implementation of new long-term incentive program (LTI 2025) for senior executives

Negative

• None.

STOCKHOLM, April 23, 2025 /PRNewswire/ -- The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 23 April 2025 in Stockholm, Sweden.

Adoption of income statements and balance sheets and discharge from liability

The Annual General Meeting adopted the parent company's and the Group's income statements and balance sheets for the financial year 2024. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2024.

Dividend 

The Annual General Meeting approved the dividend of SEK 5.90 per share proposed by the Board of Directors, to be paid out in two equal installments, the first with the record date Friday 25 April 2025 and the second with the record date Tuesday 11 November 2025. The first installment is estimated to be paid on Wednesday 30 April 2025 and the second installment on Friday 14 November 2025.

Election of the Board of Directors and auditor

The Annual General Meeting re-elected Johan Hjertonsson, Carl Douglas, Erik Ekudden, Sofia Schörling Högberg, Lena Olving, Victoria Van Camp and Susanne Pahlén Åklundh as members of the Board of Directors. Johan Hjertonsson was re-elected as Chairman of the Board of Directors and Carl Douglas was re-elected as Vice Chairman.

The Annual General Meeting re-elected the audit firm Ernst & Young AB as auditor for the time period until the end of the Annual General Meeting 2026.

Remuneration to the Board of Directors and the auditor

The remuneration to the Board of Directors will totally amount to SEK 10,106,000 (excluding remuneration for committee work). Auditor fees shall be paid according to contract.

Resolution on approval of remuneration report

The Annual General Meeting resolved, in accordance with the Board of Directors' previously published proposal, to approve the Board's remuneration report.

Resolution regarding authorization to repurchase and transfer Series B shares in the company

The Annual General Meeting resolved, in accordance with the Board of Directors' previously published proposal, to authorize the Board of Directors to, on one or more occasions, repurchase Series B shares in the company for the period up until the Annual General Meeting 2026. The repurchase shall maximum comprise so many Series B shares that the company's holding does not at any time exceed 10 per cent of the total number of shares in the company.

Resolution regarding long-term incentive program

The Annual General Meeting resolved, in accordance with the Board of Directors' previously published proposal, to implement a long-term incentive program for senior executives and key employees within the ASSA ABLOY Group ("LTI 2025").

Minutes from the Meeting including complete resolutions will be available on the company's website assaabloy.com/general-meeting.

For more information, please contact:

Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72                
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68

About ASSA ABLOY

ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/assa-abloy/r/resolutions-at-assa-abloy-ab-s-annual-general-meeting-23-april-2025,c4138904

The following files are available for download:

https://mb.cision.com/Main/7333/4138904/3402335.pdf	Press release (PDF)
https://news.cision.com/assa-abloy/i/assa-abloy-logo-door,c3401283	ASSA ABLOY logo door

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SOURCE ASSA ABLOY

FAQ

What dividend did ASAZY announce for 2025 and when will it be paid?

ASSA ABLOY announced a dividend of SEK 5.90 per share, paid in two equal installments: first on April 30, 2025 (record date April 25) and second on November 14, 2025 (record date November 11).

How much can ASAZY repurchase in their new share buyback program?

ASSA ABLOY is authorized to repurchase Series B shares up to 10% of the company's total shares until the 2026 Annual General Meeting.

Who are the Chairman and Vice Chairman of ASAZY following the 2025 AGM?

Johan Hjertonsson was re-elected as Chairman and Carl Douglas as Vice Chairman of ASSA ABLOY's Board of Directors.

What is the total board remuneration approved at ASAZY's 2025 AGM?

The total board remuneration was set at SEK 10,106,000, excluding committee work compensation.