FLSmidth (FLS) AGM 2021 summary

Opening remarks and agenda

• AGM held electronically on 24 March 2021 at 16:00 CET; agenda covered the 2020 report and accounts, board fees, profit distribution, remuneration, elections, board proposals and shareholder proposals.

• The meeting took note of the Board’s report on 2020 activities and approved the 2020 Annual Report.

Board and executive committee updates

• Vagn Ove Sørensen, Tom Knutzen, Rob Smith, Anne Louise Eberhard, Gillian Dawn Winckler and Thrasyvoulos Moraitis were re-elected as directors.

• Leif Gundtoft, Claus Østergaard and Carsten Hansen were elected employee representatives; Bodil Recke, Jens Peter Koch and Søren Quistgaard were elected alternates.

• At the subsequent Board meeting, Vagn Ove Sørensen was elected Chairman and Tom Knutzen Vice Chairman.

Shareholder proposals

• AkademikerPension and LD Fonde’s proposal for corporate country-by-country tax reporting under GRI 207: Tax 2019, starting in FY2021, was approved.