Resolutions at Getinge's Annual General Meeting
At the Annual General Meeting of Getinge AB held on 28 March 2012, the following was resolved.
Election of Board of Directors
Carl Bennet (Chairman), Johan Bygge, Cecilia Daun Wennborg, Carola Lemne, Johan Malmquist and Johan Stern were re-elected as members of the Board. Mats Wahlström was elected new member of the Board.
Fees to the Board of Directors
It was resolved that remuneration to the Board of Directors shall amount to a total of SEK 3,500,000 excluding remuneration for Committee work, of which SEK 1,000,000 to the Chairman and SEK 500,000 to each of the other Board members elected by the Meeting who are not employees of Getinge Group. In addition hereto, the Meeting resolved that a total remuneration of SEK 690,000 will be paid for the work of the Audit Committee, of which SEK 230,000 to the Chairman and SEK 115,000 to each of the other members, while a total of SEK 296,000 will be paid for the work of the Remuneration Committee, of which SEK 120,000 to the Chairman and SEK 88,000 to each of the other members.
Election of auditors
The registered public accounting firm Öhrlings PricewaterhouseCoopers AB was re-elected auditor of the company for a term of four years, with authorised public accountant Magnus Willfors as principal auditor and authorised public accountant Johan Rippe as co-auditor. It was resolved that auditor fees shall be paid in accordance with approved account.
According to the proposal of the Board of Directors and the CEO, the Annual General Meeting resolved to declare a dividend of SEK 3.75 per share. Monday 2 April 2012 was determined as record date for dividend.
Guidelines for Remuneration to Senior Executives
The Annual General Meeting approved the proposal of the Board regarding guidelines for remuneration to senior executives. The proposal principally implies the following. Remuneration and other terms and conditions of employment for senior executives shall be based on market conditions and be competitive in all markets where Getinge operates, to ensure that competent and skilful employees can be attracted, motivated and retained. The total remuneration to senior executives shall comprise basic salary, variable remuneration, pensions and other benefits. The variable remuneration shall be limited and connected to predetermined and measurable criteria elaborated with the purpose to promote the long-term added value of the company. The Board shall retain the right to deviate from the guidelines if motivated by particular reasons on an individual basis.
Getinge, 28 March 2012
Getinge AB (publ)
For further information, please contact:
Johan Malmquist, President and CEO
Ulf Grunander, Chief Financial Officer
+46 (0)10 335 00 00