Electrolux (ELUX) AGM 2026 summary

Opening remarks and agenda

• AGM held in Stockholm on March 25, 2026, with live online access for shareholders; meeting conducted in Swedish with English interpretation.

• Voting list and agenda approved; security, practical instructions and Q&A procedures outlined.

Board and executive committee updates

• Board and its committees met 35 times in 2025, with high attendance and regular evaluation of effectiveness.

• Eight directors re-elected; Lena Glader and Anko van der Werff elected through AGM 2027, and Torbjörn Lööf re-elected Chair through AGM 2027.

• Board visited China and Thailand to study market trends and competitiveness.

Financial performance review

• FY2025 turnover was SEK 131 billion, with 3.9% organic growth and SEK 3.7 billion EBIT.

• Delivered SEK 4 billion in cost efficiencies, SEK 2 billion positive cash flow and a 2.8% operating margin.

• North America recorded 6.1% organic sales growth and reduced losses, though profitability remains a challenge.

• S&P rating at BB- with stable outlook; leverage at 3, with a target below 2.

• FY2025 income statements and balance sheets adopted; Board and CEO discharged from liability for FY2025.