Handelsbanken's annual general meeting 2010
Board
At the annual general meeting on 29 April 2010, all members of the board of Handelsbanken were re-elected, and Hans Larsson was re-elected chairman of the board.
At the subsequent first board meeting, Anders Nyrén and Fredrik Lundberg were appointed as vice chairmen of the board.
The board members are listed below.
Dividend
The annual general meeting adopted the board's proposal for a dividend of SEK 8 per share. The record day for the dividend is Tuesday, 4 May 2010. The dividend is expected to be distributed by Euroclear on Friday, 7 May 2010.
Repurchase of shares
In accordance with the board's proposal, the meeting authorised the board to resolve on the purchase and divestment of the Bank's own class A and/or B shares during the period until the annual general meeting in 2011 on the following conditions:
- The purchases shall be made on NASDAQ OMX Stockholm (the Stockholm stock exchange).
- The Bank may purchase a total of no more than 40,000,000 class A and/or B shares.
- The shares shall be acquired at the market price applicable at the time of purchase.
- The aggregated holding of the Bank's own shares, including shares in the trading book, shall not at any time exceed one-tenth of the total number of shares in the Bank.
The meeting also authorised the board to resolve on disposal of the Bank's own shares, deviating from the shareholders' preferential rights, as payment in connection with future acquisition of a company or business, and, with or without preferential rights for the shareholders, to resolve on disposal of the Bank's own shares by other means than through NASDAQ OMX Stockholm, in order to finance acquisition of a company or business. In cases where disposal is made deviating from the shareholders' preferential rights, the remuneration for shares sold must correspond to an estimated market value and may be payable in forms other than cash. In other respects, the following terms shall apply:
- The authorisation can be utilised on one or more occasions until the next annual general meeting.
- The authorisation covers all class A or B shares in Handelsbanken held by the Bank at the time of the board's resolution.
Nomination committee
The nomination committee shall have five members. Four of the members (the "Shareholders' Representatives") shall represent the Bank's four largest shareholders/shareholder groups in terms of votes, according to shareholder information from Euroclear Sweden AB as at 31 August the year before the annual general meeting is held, or which by some other means prove to be among the largest shareholders (the "Largest Shareholders") on this date; one of these members is to chair the committee. However, the nomination committee must not include representatives of companies which are significant competitors of the Bank in any of its main areas of operations.
The annual general meeting assigns the chairman of the board to contact the Largest Shareholders. These will each appoint one representative who, together with the chairman, are to constitute the nomination committee for the period until a new nomination committee is appointed by mandate from the next annual general meeting. The members of the nomination committee for the nomination of board members shall be announced on the Bank's website six months at the latest before the election is to be conducted.
This resolution on the forms for appointing a nomination committee for the annual general meeting in 2011 and subsequent annual general meetings shall apply until it is amended by a future shareholders' meeting.
Members of the board 2010
JON FREDRIK BAKSAAS, Sandvika
ULRIKA BOËTHIUS, Stockholm
PÄR BOMAN, Linköping
TOMMY BYLUND, Ljusdal
GÖRAN ENNERFELT, Stockholm
LONE FONSS SCHROEDER, Copenhagen
JAN JOHANSSON, Stockholm
HANS LARSSON, Stockholm
FREDRIK LUNDBERG, Djursholm
SVERKER MARTIN-LÖF, Stockholm
ANDERS NYRÉN, Bromma
BENTE RATHE, Trondheim
Minutes
Minutes of the annual general meeting will be available on the Bank's website http://www.handelsbanken.se/ireng approximately two weeks from today's date.