Husqvarna (HUSQ) AGM 2022 summary

Opening remarks and agenda

• AGM held on April 7, 2022, under a COVID-19 mail-in procedure; shareholders voted and submitted questions in advance.

Financial performance review

• FY2021 income statements and balance sheets were adopted, along with the Board’s proposal for allocation of profit.

Board and executive committee updates

• Nine directors elected: Tom Johnstone, Ingrid Bonde, Katarina Martinson, Bertrand Neuschwander, Daniel Nodhäll, Lars Pettersson, Christine Robins and Henric Andersson re-elected; Stefan Ranstrand elected; Johnstone appointed Chair.

• Total Board remuneration approved at SEK 8,170,000, including SEK 2,175,000 for the Chair and SEK 630,000 for each non-employed director; committee fees also approved.