Swedbank's Annual General Meeting 201128-03-2011
At the Annual General Meeting on Friday 25 March, Olav Fjell was elected to the Board of Directors. Current Board members Ulrika Francke, Göran Hedman, Lars Idermark, Anders Igel, Helle Kruse Nielsen, Pia Rudengren, Anders Sundström, Karl Henrik Sundström and Siv Svensson we re-elected. The Annual General Meeting re-elected Lars Idermark as Chair of the Board of Directors.
Anders Sundström was elected Deputy Chair at the Board of Directors' statutory meeting held directly after the Annual General Meeting. The statutory meeting also decided that the Risk and Capital Committee shall consist of Lars Idermark, Chair, Ulrika Francke, Göran Hedman, Pia Rudengren and Anders Sundström. The Audit and Compliance Committee shall consist of Ulrika Francke, Chair, Karl-Henrik Sundström and Siv Svensson and the Remuneration Committee shall consist of Lars Idermark, Chair, Olav Fjell, Anders Igel, Helle Kruse Nielsen and Anders Sundström.
The Annual General Meeting decided that the dividend for fiscal 2010 distributed to shareholders shall be SEK 4.80 per preference share and SEK 2.10 per ordinary share. The dividend cut-off date was set at 30 March 2011. Given the cut-off date, the dividend will be distributed by Euroclear on 4 April 2011.
Decision on amendment of the Articles of Association
Decision on guidelines for remuneration to top executives
Decision to acquire own shares in accordance with the Securities Market Act
Decision on authorisation for the Board of Directors to decide on the acquisition of own shares in addition to the acquisition in accordance with the Securities Market Act
Performance and share based remuneration programme for 2010 for the Swedbank Group and decision regarding the transfer or ordinary shares etc under the 2010 programme
Performance and share based remuneration programme for 2011 for the Swedbank Group - partly a collective 2011 programme and partly an individual 2011 programme - as well as a decision regarding the transfer or ordinary shares etc under the 2011 programme
The proposal submitted by Thorwald Arvidsson regarding an investigation in accordance with Chapter 10, Section 21 of the Companies Act as well as the other proposals submitted by Thorwald Arvidsson and Tommy Jonasson were rejected by the Annual General Meeting.
Michael Wolf's address to the Annual General Meeting can be both read and seen (webcast) on www.swedbank.se/ir during the day.
Annual General Meeting 2011 information page