STOCKHOLM, March 26, 2020 /PRNewswire/ --
- The scope of the meeting will be further reduced to focus on
legal requirements only
- There will be no speeches by Ericsson representatives at the
meeting and presentations will be kept to a minimum
- Shareholders are encouraged to use the opportunity to vote by
proxy and to follow the meeting via webcast
- The Nomination Committee proposes that current Board fees
remain unchanged
Considering the continued spread of the Coronavirus, Ericsson
(NASDAQ: ERIC) takes further precautionary measures in order to
limit the scope and duration of its Annual General Meeting 2020 as
well as the number of individuals attending the meeting in person.
No speeches by Ericsson representatives will be delivered at the
meeting and the presentation of proposals will be kept to the
minimum. Speeches will instead be pre-recorded and are planned to
be made available at www.ericsson.com before the meeting.
The Chair of the Board, Ronnie Leten, will not attend the
meeting in person but will be present via link. As earlier
communicated, President and CEO Börje Ekholm will not attend in
person but will participate via link. Participation by Board
members and management will be kept to a minimum.
As also previously communicated, Ericsson encourages all
shareholders to use the opportunity to vote by proxy and a
resolution will be proposed at the AGM to have the meeting
available via live webcast.
Questions addressed at the meeting will focus on the agenda
items specified in the invitation to the Annual General Meeting.
Shareholders are also welcomed to submit general questions about
Ericsson to the company to
investor.relations@ericsson.com. These questions will be
answered separately by Ericsson.
Attendees, who nonetheless wish to attend in person, will be
reminded to avoid close contact with other attendees in the common
areas, and to spread out in the meeting hall while seated.
Cloakrooms will be closed, and all who attend are requested to
bring their outerwear into the meeting hall.
Shareholders who want to authorize a proxy to vote on their
behalf, can find relevant templates at:
https://www.ericsson.com/en/about-us/corporate-governance/shareholder-meetings/annual-general-meeting-2020.
Euroclear Sweden AB has informed Ericsson that they, at no cost,
offer a possibility for shareholders who are individuals to appoint
a proxy designated by Euroclear Sweden to vote in accordance with
the shareholder's instructions. More information about this
offering from Euroclear is available at Euroclear's website:
www.euroclearproxy.se. As an alternative, shareholders may give
their proxy to Euroclear Sweden in-person at Kistamässan from
10:00 am until 2:30 pm CEST on
March 31.
Revised proposal from the Nomination Committee
Considering the current developments due to the Coronavirus and
its impact on society, the Nomination Committee has decided to
withdraw its proposal to increase the Board fees and proposes that
these remain unchanged.
NOTES TO EDITORS:
FOLLOW US:
Subscribe to Ericsson press releases here.
www.twitter.com/ericsson
www.facebook.com/ericsson
www.linkedin.com/company/ericsson
About Ericsson
Ericsson enables communications service providers to capture the
full value of connectivity. The company's portfolio spans Networks,
Digital Services, Managed Services, and Emerging Business and is
designed to help our customers go digital, increase efficiency and
find new revenue streams. Ericsson's investments in innovation have
delivered the benefits of telephony and mobile broadband to
billions of people around the world. The Ericsson stock is listed
on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com
+46-10-719-69-92
investor.relations@ericsson.com
+46-10-719-00-00
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/ericsson/r/ericsson-takes-further-precautionary-measures-for-its-agm-2020-and-the-nomination-committee-proposes,c3068825
The following files are available for download:
https://mb.cision.com/Main/15448/3068825/1218013.pdf
|
Ericsson takes
further precautionary measures for its AGM 2020 and the Nomination
Committee proposes unchanged Board fees
|
View original
content:http://www.prnewswire.com/news-releases/ericsson-takes-further-precautionary-measures-for-its-agm-2020-and-the-nomination-committee-proposes-unchanged-board-fees-301030230.html
SOURCE Ericsson