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  • Essity Aktiebolag (publ)
    Box 200, SE-101 23, Stockholm, Sweden
    +46 8-788 51 00
    http://www.essity.com
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    Essity’s 2021 Annual General Meeting

    Essity today held the Annual General Meeting.The Meeting approved the Parent Company income statement and balance sheet and the consolidated income statement and consolidated balance sheet for 2020. The Meeting resolved in accordance with the Board of Director’s proposal and decided on a dividend of SEK 6.75 per share for the 2020 fiscal year. The record date for the dividend is Monday, March 29, 2021. Payment through Euroclear Sweden AB is scheduled for Thursday, April 1, 2021. The Meeting resolved that the remuneration to each director elected by the meeting and who is not employed

    Invitation to presentation of Essity’s Interim report for the first quarter 2021

    Essity’s interim report for the first quarter 2021 will be published on April 23 at approximately 7:00 CET. In conjunction with publication, a telephone and web presentation will be held at 9:00 CET where President and CEO Magnus Groth will present and answer questions.Presentation: Date: Friday, April 23, 2021Time: 9:00 CETLink to Web presentation: https://essity.videosync.fi/2021-04-23-q1 Telephone: +44 (0) 207 192 80 00, + 1 631 510 74 95 or +46 (0) 8 506 921 80. Please call in well in advance of the start of the presentation. Indicate “Essity” or conference ID 8865436.

    Notice of the Annual General Meeting

    Notice is given to the Shareholders of Essity Aktiebolag (publ) (“Essity”) of the Annual General Meeting of Shareholders to be held on Thursday, March 25, 2021Due to the current pandemic, the Annual General Meeting will, in accordance with temporary legislation, be held only by advance voting (postal voting). Hence, shareholders will not be able to physically attend the Meeting in person or by proxy. Instead, Essity welcomes shareholders to exercise their voting rights at the Meeting by advance voting in the manner described below. Information on the resolutions passed at the Meeting will

    Essity enters agreement to acquire Australian hygiene company Asaleo Care

    Further to the announcement on December 10, 2020, hygiene and health company Essity has now entered an agreement with hygiene company Asaleo Care to acquire the remaining 63.8% of the shares in the company for AUD 1.40 cash per share. Asaleo Care is listed on the Australian Securities Exchange and Essity is the largest shareholder, currently holding 36.2% of the shares.The consideration implies an equity value on a 100% basis of approximately AUD 760m (approximately SEK 4.9bn) and an enterprise value of AUD 855m (approximately SEK 5.5bn). This represents an EV/EBITDA multiple of 9.6x based

    Conversion of shares

    According to Essity’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.In January, at the request of shareholders, 100 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,257,958,137.The total number of registered shares in the company amounts to 702,342,489 of which 61,735,072 are Class A

    Conversion of shares

    According to Essity’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.In November, at the request of shareholders, 10 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,257,959,037.The total number of registered shares in the company amounts to 702,342,489 of which 61,735,172 are Class A

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