General Meeting

The decision-making rights of shareholders in Husqvarna are exercised at general meetings of shareholders.

Participation in decision-making requires the shareholder’s presence at the meeting, either in person or through a proxy. In addition, the shareholder must be registered in the share register as of the record date, i.e. five days prior to the meeting, and must provide notice of participation in accordance with the notice of the meeting.

Decisions at the meeting are normally made by simple majority. However, for some issues the Swedish Companies Act stipulates that a proposal must be approved by a higher proportion of the shares and votes represented at the meeting. Individual shareholders who wish to have a specific issue included in the agenda of a shareholders' meeting can request the Board to do so by sending an e-mail to board@husqvarnagroup.com

According to the Swedish Companies Act, the Annual General Meeting must be held within six months after the end of the accounting year. The AGM decides on such issues as adoption of the annual accounts, dividends, election of Board members and of auditors when required, fees to Board members and auditors, principles for remuneration to management, and other important matters.

An Extraordinary General Meeting may be convened at the discretion of the Board of Directors or if requested by the auditors or by shareholders owning at least 10% of the shares.

Shareholders may communicate in writing with the Board regarding matters that pertain to the general meeting by sending an e-mail to board@husqvarnagroup.com