The Board proposes a postponement to the formal dividend resolution

Handelsbanken’s annual general meeting will take place as planned on 25 March 2020. There is no change to the Board’s existing assessment of the dividend for 2019. A final decision regarding the dividend will be made, however, at an extraordinary general meeting, once the consequences of the coronavirus pandemic have become more clear.
 
Handelsbanken has a robust financial position in terms of both capital and liquidity. The Board has therefore arrived at the conclusion that the proposed dividend amount will in no way jeopardise the Bank’s ability to support its customers through financing, in spite of the challenging circumstances.

 
In order to facilitate improved insight into the consequences of the pandemic, the Board does propose, however, that no resolution regarding the dividend be made at the annual general meeting, but instead be postponed until after the summer. Therefore, the Board intends to provide, in good time, notice of an extraordinary general meeting to be held in November 2020 at the latest, at which the matter will be addressed.

 
Handelsbanken’s scheduled annual general meeting will take place as previously announced, on 25 March, 10:00 a.m. CET in the Victoria Hall at the Stockholmsmässan exhibition facility, Mässvägen 1, Älvsjö, Stockholm.

 
For further information, please contact:

Jan Larsson, Chief Communications Officer, +46 73 257 85 43
Lars Höglund, Head of Investor Relations, +46 8 701 51 70, +46 70 345 51 70

Mats Olsson, Acting Head of Global Media Relations, +46 8 701 35 47, +46 70 688 07 99
 


This information is of the type that Handelsbanken is obliged to make public pursuant to the EU Market Abuse Regulation, the Swedish Securities Markets Act and the Swedish Financial Instruments Trading Act. The information was submitted for publication through the agency of the contact person set out above, at 15:55 CET on 24 March 2020. For more information about Handelsbanken, visit www.handelsbanken.com

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