Ericsson (ERIC) AGM 2019 summary

Financial performance review

• Adopted the 2018 Parent Company and consolidated profit and loss statements and balance sheets.

Board and executive committee updates

• Ronnie Leten was re-elected Chair; Jon Fredrik Baksaas, Jan Carlson, Nora Denzel, Börje Ekholm, Eric A. Elzvik, Kurt Jofs, Kristin S. Rinne, Helena Stjernholm and Jacob Wallenberg were re-elected directors.

• Employee representatives appointed by the unions were Torbjörn Nyman, Kjell-Åke Soting and Roger Svensson, with Per Holmberg, Anders Ripa and Loredana Roslund as deputies.

• Approved annual fees of SEK 4,075,000 for the Chair and SEK 1,020,000 for each other AGM-elected non-employee director, plus committee fees.

Dividend announcements

• Approved a dividend of SEK 1 per share; record day was March 29, 2019, with payment expected April 3, 2019.