Bulletin from the Annual General Meeting of Alfa Laval AB (publ)

Rhea-AI Summary

Alfa Laval held its Annual General Meeting on April 29, 2025, at Stadshallen in Lund, Sweden. Chairman Dennis Jönsson presided over the meeting where CEO Tom Erixon highlighted the company's performance in 2024, noting record-high invoicing and order intake driven by strong demand for sustainable solutions across all divisions.

Key decisions approved at the meeting include:

• Dividend of SEK 8.50 per share, payable on May 7, 2025
• Re-election of nine board members and addition of new member Annica Bresky
• Re-appointment of Dennis Jönsson as Board Chairman
• Board compensation set at SEK 2,190,000 for Chairman and SEK 730,000 for other members
• Re-election of Andreas Troberg and Hanna Fehland as auditors

The meeting approved the 2024 financial statements and granted discharge from liability to board members and CEO. The company emphasized its commitment to future growth through increased investments in innovation, new competencies, and capacity expansion.

Positive

• Record high invoicing and order intake in 2024
• Strong demand across all three divisions for sustainable solutions
• Increased dividend to SEK 8.50 per share
• Strategic investments in innovation, new competences and capacity

Negative

• Year characterized by challenges (unspecified nature)
• Increased investment spending may impact short-term profitability

 LUND, Sweden, April 29, 2025 /PRNewswire/ -- The Annual General Meeting of Alfa Laval AB (publ) was held on Tuesday, April 29, 2025, at Stadshallen in Lund. The Annual General Meeting was held under the chairmanship of Alfa Laval's Chairman of the Board Dennis Jönsson and the company's President and CEO Tom Erixon gave a presentation about the past year and the strategic direction ahead.

In his presentation, Tom Erixon talked about 2024 - a year characterized by both challenges but also record high invoicing and order intake driven by a strong demand for more sustainable solutions in all of Alfa Laval's three divisions. The presentation also elaborated on the importance of continuing to invest for the future by increased investments in innovation, new competences and capacity to lead the development in the company's technology areas and support the company's growth going forward.

Income statement and balance sheets and discharge from liability
The Annual General Meeting approved the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet for 2024 as presented. The persons who held positions as board members, deputy board members or CEO in the company during 2024 were granted discharge from liability for the period covered by the annual report.

Dividend
The Annual General Meeting resolved on a dividend to shareholders of SEK 8.50 per share. It was further resolved that the record date for the dividend should be Friday, May 2, 2025, which means that payment of the dividend is expected to be distributed by Euroclear Sweden AB on May 7, 2025.

Board of Directors and Auditors
The Annual General Meeting resolved that the number of Board members appointed by the Meeting shall be ten, with no deputies. Both the number of auditors and deputy auditors were decided to be two.

The Annual General Meeting resolved, in accordance with the Nomination Committee's proposal, to re-elect Anna Müller, Dennis Jönsson, Finn Rausing, Henrik Lange, Jörn Rausing, Lilian Fossum Biner, Nadine Crauwels, Ray Mauritsson and Ulf Wiinberg, as well as to elect Annica Bresky as new member of the Board. Dennis Jönsson was re-appointed as Chairman of the Board. The Board members and the Chairman were elected for the coming year, i.e. for the time up to the end of the 2026 Annual General Meeting.

The Annual General Meeting resolved to re-elect the authorized public accountants Andreas Troberg and Hanna Fehland as the company's auditors and the authorized public accountants Henrik Jonzén and Andreas Mast as the company's deputy auditors for the forthcoming year.

Fees and compensation
The Annual General Meeting resolved, in accordance with the Nomination Committee's proposal, that compensation to the board shall be paid in the amount of SEK 2,190,000 to the Chairman of the Board and SEK 730,000 each to other members who are not employees of the company. Furthermore, compensation shall be paid in the amount of SEK 350,000 to the Chairman of the Audit Committee and in the amount of SEK 175,000 each to other members of the Audit Committee, and in the amount of SEK 85,000 to the Chairman of the Remuneration Committee and SEK 85,000 each to the other members of the Remuneration Committee.

It was decided, in accordance with the Nomination Committee's proposal, that auditors' fees shall be paid in accordance with approved invoices.

The Annual General Meeting also resolved to approve the remuneration report presented by the Board.

Complete minutes from the Annual General Meeting will be published on www.alfalaval.com.

For more information please contact:
Johan Lundin
Head of Investor Relations
Tel: +46 46 36 65 10
Mobile: +46 730 46 30 90

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

https://news.cision.com/alfa-laval/r/bulletin-from-the-annual-general-meeting-of-alfa-laval-ab--publ-,c4142404

The following files are available for download:

https://mb.cision.com/Public/905/4142404/9c0765569f59af3d.pdf

Bulletin from the Annual General Meeting of Alfa Laval AB publ

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SOURCE Alfa Laval

FAQ

What dividend did Alfa Laval (ALFVY) announce at its 2025 Annual General Meeting?

Alfa Laval announced a dividend of SEK 8.50 per share, with a record date of May 2, 2025, and expected payment distribution by Euroclear Sweden AB on May 7, 2025.

How many board members were elected at Alfa Laval's 2025 AGM?

Ten board members were elected at the AGM, including nine re-elected members and one new member, Annica Bresky. Dennis Jönsson was re-appointed as Chairman of the Board.

What compensation will Alfa Laval's Board Chairman receive for 2025-2026?

The Board Chairman will receive SEK 2,190,000 in compensation, while other non-employee board members will receive SEK 730,000 each.

What were the key highlights from Alfa Laval's 2024 performance?

2024 was marked by both challenges and achievements, with record-high invoicing and order intake, driven by strong demand for sustainable solutions across all three divisions.

Who are the new auditors appointed for Alfa Laval (ALFVY) in 2025?

Andreas Troberg and Hanna Fehland were re-elected as main auditors, with Henrik Jonzén and Andreas Mast as deputy auditors for the coming year.