Indutrade’s Annual General Meeting 2022

The AGM resolved to adopt the presented income statement and balance sheet and the consolidated income statement and consolidated balance sheet.

The AGM adopted the Board of Directors’ proposal that a dividend of SEK 2.30 per share be paid for the 2021 financial year. The record date for the dividend was set to 7 April 2022 and payment is expected to be distributed on 12 April 2022.

The AGM resolved to discharge the directors and the President from liability for the financial year 2021.

The AGM resolved to approve the Board of Directors’ proposal regarding amendments to the Articles of Association to enable the appointment of additional directors.

In accordance with the proposal by the Nomination Committee, the AGM resolved that remuneration be paid in an amount of SEK 860,000 to the Chair of the Board, SEK 645,000 to the Deputy Chair of the Board, SEK 430,000 to each of the other non-executive directors, SEK 115,000 for the Audit Committee Chair and SEK 58,000 for each of the other Audit Committee members and SEK 45,000 for the Remuneration Committee Chair and members.

Bo Annvik, Susanna Campbell, Anders Jernhall, Bengt Kjell, Ulf Lundahl, Katarina Martinson, Krister Mellvé and Lars Pettersson were re-elected as directors, and Kerstin Lindell was elected as new director, for the period until the end of the next AGM. Katarina Martinson was re-elected as Chair of the Board.

PricewaterhouseCoopers AB was re-elected as the Company’s auditor for the period until the end of the AGM 2023.

The AGM further resolved to approve the Board of Directors’ remuneration report.

Finally, the AGM resolved to approve the Board of Directors’ proposal regarding the implementation of a long-term incentive programme (LTIP 2022) and hedging arrangements (equity swap agreement) in respect thereof. LTIP 2022 consists of performance shares and compromises members of the group management, including the CEO, business unit managers, as well as subsidiary MDs and other key employees.

Further information about the AGM is available at the Company and on the website, www.indutrade.com under About Indutrade/Corporate governance/Annual General Meeting.

Stockholm, 5 April 2022

INDUTRADE AKTIEBOLAG (publ)

For further information, please visit www.indutrade.com or contact:
Patrik Johnson, CFO
Phone +46 8 703 03 00, +46 70 397 50 30
patrik.johnson@indutrade.com

About Indutrade
Indutrade is an international technology and industrial business group that today consists of more than 200 companies in some 30 countries, mainly in Europe. In a decentralised way, we aim to provide sustainable profitable growth by developing and acquiring successful companies managed by passionate entrepreneurs. Our companies develop, manufacture, and sell components, systems and services with significant technical content in selected niches. Our value-based culture, where people make the difference, has been the foundation of our success since the start in 1978. Indutrade's net sales totalled SEK 21.7 billion in 2021, and the share is listed on Nasdaq Stockholm in Sweden.