TeliaSonera’s Annual General Meeting, April 7, 2010
Today’s Annual General Meeting of TeliaSonera AB (publ) decided the following:
The AGM approved the income statement and balance sheet for 2009.
The AGM decided upon a dividend to shareholders of SEK 2.25 per share, and
April 12, 2010 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 on April 15, 2010.
The AGM discharged the Board of Directors and the CEOs from liability for the
financial year 2009.
Ordinary members of Maija-Liisa Friman, Conny Karlsson, Timo Peltola, Lars Renström and Jon Risfelt were re-elected. Ingrid Jonasson Blank, Anders Narvinger and Per-Arne Sandström were elected as a new ordinary members. Anders Narvinger was 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.
Björn Mikkelsen (Swedish state), Kari Järvinen (Finnish state via
Solidium Oy), KG Lindvall (Swedbank Robur funds), Lennart Ribohn (SEB funds/SEB-Trygg Försäkring) together with Anders Narvinger (Chairman of the Board of Directors) were elected to the Nomination Committee.
The AGM decided to approve a proposal from the Swedish state regarding Guidelines for remuneration to the executive management. The guidelines do not, in contrast to a proposal from the Board of Directors, give a possibility to enter into contracts which include variable salaries with members of the executive management.
The AGM decided to implement a long-term incentive program 2010/2013 and hedging arrangements for the program. The program may include approximately 100 persons. Due to the AGM’s decision on Guidelines for remuneration to the executive management, members of the executive management will not take part in the program.
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 authorized the Board of Directors to carry out acquisitions of own shares at one or more occasions prior to the Annual General Meeting 2011 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.
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 6 p.m CET on April 7 2010.