New proposal regarding the ASSA ABLOY Board of Directors - Patricia O´Driscoll proposed as new member of the Board

 
 
The number of board members shall be nine. No deputy member shall be elected.
 
Re-election of the board members: Gustaf Douglas, Georg Ehrnrooth, Per-Olof Eriksson, Sven-Christer Nilsson, Melker Schörling och Carl-Henric Svanberg. New election of the board members Bo Dankis, Patricia O'Driscoll and Lotta Lundén.
 
Fees to the board members shall amount to a total of SEK 3,600,000 to be distributed among the Directors according to the decision by the Board of Directors.
 
Patricia O'Driscoll is Vice President European Retail Sales Shell Europe since 1999 and has worked within the Shell Group since 1997. She is a Board member of Shell Norway and a director of Shell UK Pension Fund Trust. Patricia O'Driscoll has also held the positions as President of Shell Retail International, responsible for global strategy development, and Retail Marketing VP in Shell Europe.
 
During the period 1994 to 1997 she worked as Buying Director, Alcoholic Drinks & Tobacco at Safeway Stores plc. Patricia O'Driscoll has held various positions within the retail business at companies such as Marks & Spencer plc and Tesco Stores plc as well as running her own
business, Pacific Connection Ltd, based in Singapore from 1990 to1993.
 
Patricia O'Driscoll holds a BA in Sociology from Exeter University UK and is a Fellow of the Royal Society of Arts.
 
The motive of the above shareholders is to strengthen the Board's of ASSA ABLOY competence with knowledge and experience from retail trade such as logistics, marketing and sales of consumer products.
 
Information regarding the proposed elected new members of the Board can be found on ASSA ABLOY's website, www.assaabloy.com .
 
                       
 
Further information can be obtained from
 
ASSA ABLOY AB (publ)
Box 70340, SE 107 23 Stockholm
Tel: +46 8 506 485 00, Fax: + 46 8 506 485 85
               
 
The ASSA ABLOY Group is the world's leading manufacturer and supplier of locking solutions
dedicated to satisfying end-user needs for security, safety and convenience. The Group has about 30,000
employees and annual sales of approximately EUR 3 billion.

About Us

ASSA ABLOY is the global leader in door opening solutions and offers mecahnical and electromechanical locks, digital door locks, security doors, entrance automation, hotel security and secure identity solutions, primarily in identity and access management, as well as a number of other related products and services. Since its formation in 1994, ASSA ABLOY has grown from a regional company into an international Group with some 47,000 employees operating in more than 70 countries and sales of around SEK 71 billion.

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