Annual General Meeting of AB SKF

Release Time：27 Mar,2024

<p style="text-align: center;"><img src="/ueditor/php/upload/image/20240327/1711531682197429.png" title="1711531682197429.png" alt="1.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">The Annual General Meeting of Aktiebolaget SKF was held on Tuesday, 26 March 2024.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">The income statements and the balance sheets were adopted, together with the Board’s proposal for distribution of dividend. A dividend of SEK 7.50 per share was approved. To be entitled to receive the dividend, shareholders must be recorded in the share register on Thursday, 28 March 2024.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">The Board members and the CEO were discharged from liability for their administration of the company for the financial year 2023.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Hans Str?berg, Hock Goh, Geert Follens, H?kan Buskhe, Susanna Schneeberger, Rickard Gustafson, Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén were re-elected as Board members.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Hans Str?berg was elected Chair of the Board. H?kan Buskhe was elected Vice Chair of the Board by the Board of Directors at the Statutory Board meeting.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">The Meeting resolved that remuneration to Board members shall be paid in accordance with the following:</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">SEK 2,750,000 to the Chair of the Board, SEK 1,375,000 to the Vice Chair of the Board and SEK 900,000 to each of the other Board members; and</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">SEK?350,000 to the Chair of the Audit Committee, SEK 250,000 to each of the other members of the Audit Committee, SEK 200,000 to the Chair of the Remuneration Committee, SEK 150,000 to each of the other members of the Remuneration Committee, SEK 200,000 to the Chair of the Sustainability and Ethics Committee, SEK 150,000 to each of the other members of the Sustainability and Ethics Committee.</span></p><p><br/></p>