TeliaSonera’s Annual General Meeting, April 1, 2009
The AGM decided upon a dividend to shareholders of SEK 1.80 per share, and
April 6, 2009 was decided as the record date for the dividend. With this record date, it
is estimated that the dividend will be sent out from Euroclear Sweden (formerly VPC) on April 9, 2009.
The AGM discharged the Board of Directors and the CEOs from liability for the financial year 2008.
Ordinary members of Maija-Liisa Friman, Conny Karlsson, Lars G Nordström, Timo
Peltola, Jon Risfelt, Caroline Sundewall and Tom von Weymarn were re-elected. Lars Renström was elected as a new ordinary member. Tom von Weymarn was re-elected as Chairman of the Board.
The following Board remuneration was approved for the Board of Directors: to the
Chairman, SEK 1,000,000 and to the other board members, elected by the AGM, SEK 425,000 each. In addition, remuneration to the Chairman of the Board's Audit Committee of SEK 150,000 and of SEK 100,000 to each of the other members of the Audit Committee, and remuneration to the Chairman of the Board’s Remuneration Committee with SEK 40,000 and of SEK 20,000 to each of the other members of the Remuneration Committee, were approved. All remuneration figures are the same as for previous period.
It was decided that Viktoria Aastrup (Swedish state), Kari Järvinen (Finnish state via Solidium Oy), KG Lindvall (Swedbank Robur funds), Lennart Ribohn (SEB funds) together with Tom von Weymarn (Chairman of the Board of Directors) were elected to the Nomination Committee.
The AGM decided to approve the proposal, presented by the Swedish state at the AGM, which in comparison with the board’s proposal regarding Guidelines for remuneration of the executive management does not include any component for variable salary.
The AGM decided to change the Articles of Association regarding announcement of notice and time limits for notice, respectively.
In order to provide the Board of Directors with an instrument to adapt and improve the company's capital structure and thereby create added value for the shareholders, the Annual General Meeting authorised the Board of Directors to carry out acquisitions of own shares at one or more occasions prior to the Annual General Meeting 2010 on Nasdaq OMX Stockholm and/or Nasdaq OMX Helsinki or in accordance with an offer to acquire shares directed to all shareholders, whereby a maximum of 10 percent of all shares in the company may be acquired. Purchases on Nasdaq OMX Stockholm and/or Nasdaq OMX Helsinki may only be made at a price within the spread between the highest bid price and lowest ask price prevailing from time to time. Acquisitions of shares by way of an offer to acquire shares may be made at an acquisition price which exceeds the prevailing market price. It is the intention of the Board of Directors to propose to the Annual General Meeting 2010 to cancel acquired shares through a reduction of the company's share capital without repayment to the shareholders.
TeliaSonera AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication at 9 p.m. CET on April 1, 2009.
Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of TeliaSonera.