DOCSLIB.ORG

Corporate Governance Report 2017

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Corporate Governance Report 2017 2 0 1 Corporate governance report 46 Corporate Governance Report Loomis Annual Report 2017 Corporate governance The primary goal of Loomis’ corporate governance is to create clear goals, strate- gies and values that effectively protect shareholders and other stakeholders by minimizing risk and that also form a solid foundation from which to generate value and meet the requirement of a good return on invested capital. To achieve this, Loomis has developed a clear and efficient structure for the delegation of responsibility and control. Compliance with the Swedish Corporate Governance Shareholders Code Shareholders exercise their right to vote at the general meeting of Loomis AB is a Swedish public limited liability company that has shareholders, which is the Company’s highest decision-making been listed on Nasdaq Stockholm since 2008. In addition to the legal body and the forum where the shareholders exercise their right to or other statutory requirements, Loomis applies the Swedish Corpo- vote on company matters. All registered shareholders who have rate Governance Code (the Code). This Corporate Governance Re- notified Loomis by the deadline of their intention to attend, have port has been prepared in accordance with the stipulations in the the right to attend the general meeting and cast votes correspond- Annual Accounts Act, chapter 6, §6 and chapter 10 of the Code. The ing to the number of shares they hold. Shareholders who are un- Code, which is available at www.bolagsstyrning.se, follows the prin- able to attend in person may be represented by proxy. ciple of “comply or explain”, according to which entities applying the Loomis AB’s share capital as of December 31, 2017 consisted of Code may deviate from individual rules but must then report the de- 3,428,520 Class A shares and 71,851,309 Class B shares. Each viation, state the reason for it and describe the alternative solution Class A share entitles the holder to ten votes and each Class B share they have chosen. In 2017 Loomis complied with all parts of the Code to one vote. Loomis AB’s largest shareholders and ownership with the exception of sections 2.4, and 9.7. structure as of December 31, 2017 are shown in the table below. According to section 2.4 of the Code, neither the Chairman of the Board nor any of the other board members are to be appointed as LARGEST SHAREHOLDERS AS OF DECEMBER 31, SHARE 2017 chairman of the Nomination Committee. The chairman of Loomis AB’s Nomination Committee, Jan Svensson, is a member of the Number of Number of Votes % Capital Class A Class B % Board, which is a deviation from the Code’s stipulation. The reason shares shares Jan Svensson was appointed chairman of the Nomination Commit- tee is that it can be considered a natural choice taking into account Latour Förvaltning AB 2,528,520 – 23.8 3.4 Loomis AB’s ownership structure. Jan Svensson is President and Melker Schörling AB 900,000 – 8.5 1.2 CEO of Investment AB Latour which, through Latour Förvaltning BlackRock – 7,548,188 7.1 10.0 AB, is one of Loomis’ two principal owners in terms of voting power. SEB Fonder – 4,681,299 4.4 6.2 The second deviation relates to the Code section 9.7, which states that the vesting period for the share-related incentive pro- Capital Group – 3,698,042 3.5 4.9 grams or the period from the commencement of an agreement to Didner & Gerge Fonder – 3,293,934 3.1 4.4 the date a share may be acquired is to be no less than three years. Swedbank Robur Fonder – 3,040,142 2.9 4.0 Loomis’ incentive scheme, which is described on page 51 in section “Other significant events during the year”, allows shares to be ac- Norges Bank – 2,315,082 2.2 3.1 quired at the market price for a portion of the bonus earned. These Vanguard – 2,240,310 2.1 3.0 shares are allotted to employees the following year as long as they Fidelity – 1,692,367 1.6 2.2 are still employed by the Group. The scheme replaces a purely cash- 10 largest shareholders 3,428,520 28,509,364 59.2 42.4 based system with immediate disbursement and is not approved as Other foreign additional remuneration over and above existing incentive – 35,152,616 33.1 46.7 shareholders schemes. As such, the Board regards a two-year period from the Other Swedish start of the scheme to the allotment of the shares to be warranted – 8,189,329 7.7 10.9 shareholders and reasonable in meeting the objective of the incentive scheme. TOTAL 3,428,520 71,851,3091) 100.0 100.0 1) Includes 53,797 treasury shares as of December 31, 2017. Source: Monitor Loomis Annual Report 2017 Corporate Governance Report 47 Corporate Governance Organization Nomination Shareholders External auditors Committee Board of Remuneration Audit Committee Committee Directors President / CEO Executive Group Group CFO (fi nancial control) Risk Director (operational control) Segment /Regional Management Country Management Branch Manager Annual General Meeting Nomination Committee’s work in preparation for the 2018 The general meeting of shareholders (Annual General Meeting, AGM AGM) is held once a year to address matters including the follow- The Nomination Committee is a body established by the AGM and ing: tasked with preparing for the election of members of the Board and • Amendments to the Articles of Association the election of the Chairman of the Board, and with presenting pro- • Election of board members and decision on board fees posals regarding remuneration of board members and other related • Discharging the board members and the President from liability matters to be addressed at the upcoming AGM. In addition, ahead • Election of auditors of AGMs where auditors will be elected, the Nomination Committee • Adoption of the statement of income and balance sheet is to consult with the Board and the Audit Committee to prepare for • Appropriation of the Company’s profi t or loss the election of auditors and decisions on auditors’ fees and related • Resolution on guidelines for remuneration for the President and matters. The Nomination Committee has applied section 4.1 in the other members of Group Management Code in regards to its work with the diversity of the board members. • Decision to possibly introduce share-related incentive schemes Diversity is an important factor for the Committee’s nomination work. The Nomination Committee continuously strives for an even The 2017 AGM for Loomis AB (publ) was held on May 4, 2017 in gender distribution and breadth of qualifi cations, experience, and Stockholm. Shareholders in attendance, in person or by proxy, background among the board members. This is evident in current represented 59.5 percent of the votes in the Company. The AGM board composition. Information on which individuals were was also attended by members of the Board and Group Manage- re-elected to Loomis’ Nomination Committee at the 2017 AGM is ment, as well as the auditor in charge. provided in the table on page 48. For more information on Loomis’ Annual General Meetings The 2017 AGM decided that in cases where a shareholder repre- and the 2018 AGM, refer to Loomis’ website, www.loomis.com, sented by a member of the Nomination Committee is no longer a and page 122. principal shareholder in the Company (based on number of votes), 48 Corporate Governance Report Loomis Annual Report 2017 or where a member of the Nomination Committee is no longer em- thermore the Board appoints the President* and CEO* and the Au- ployed by a principal shareholder or for any other reason chooses to dit and Remuneration Committees. The President and CEO is re- resign from the Nomination Committee before the 2018 AGM, the sponsible for the Company’s day-to-day operations in accordance Nomination Committee has the right to appoint another represen- with the guidelines issued by the Board. The Board also determines tative for the principal shareholder to replace that member. The the salary and other remuneration for the President and CEO. composition of the Nomination Committee is published on Loomis’ The duties of the Board and the division of responsibilities be- website. The duties of the Nomination Committee are established in tween the Board and Group Management are stipulated in the specific work procedures for Loomis AB’s Nomination Committee. work procedures for the Board, which are documented in the form Three Nomination Committee meetings were held in 2017. of written instructions and adopted at least once a year. According to the work procedures, the Board is to take decisions on matters Auditors such as the Group’s general strategy, financial reporting, company The 2017 AGM voted to appoint PricewaterhouseCoopers AB as acquisitions and divestments, major investments and financing, the external auditor for one year with Patrik Adolfson as auditor in and is to establish a framework for the Group’s operations by ap- charge. proving the Group’s budget. The rules include a work plan for the The auditors examine the Company’s Annual Report, consoli- President and CEO and financial reporting instructions. dated financial statements and accounts, as well as the adminis- The work procedures also prescribe that an annual evaluation of tration of the Company by the Board and the President. The audi- the work of the Board of Directors should be carried out. On a yearly tors perform their duties in accordance with an audit plan estab- basis, all Board members submit their answers to a questionnaire is- lished in consultation with the Audit Committee and the Board.
Load more

Recommended publications
  • 13.2 Emission Policy to WLTP
    POLICY TITLE AND NO: 13.2 Emission Policy OWNER: APPROVED BY : APPROVED DATE: Group Sustainability Officer CEO 2019-11-15 TARGET AUDIENCE: Country managements, procurement departments, employees with company vehicles SUMMARY Summary of main principles: • In all of our operations, we strive to continually reduce the impact on climate, focusing primarily on the energy and transport areas. • In all of our operations, we avoid using environmentally harmful substances but strive to exchange those for environmentally friendly substances, even if the cost is higher for the company. • In all of our operations, we shall contribute to recycling and ensure that the handling of waste is performed in a safe and environmentally compatible manner. A basic requirement is that we act within the framework of laws and international conventions. We respect and comply with environmental legislation, agreements and safety requirements, or other provisions that set the parameters for our operation. We conform to or surpass the requirements of national or international regulations or agreements concerning the reduction of emissions and discharges to air, land and water. Summary of main changes since last revision: Updated CO 2 limits according to WLTP for affected countries and updated definitions of different vehicle categories. 1. BACKGROUND AND PURPOSE Our goal is to reduce emissions caused by Securitas company vehicles and our aim is that all new vehicles purchased or leased (operationally or financially), every year shall emit on average less grams CO 2
    [Show full text]
  • Securitas Acquires Security Services Company in Bosnia and Herzegovina
    January 12, 2011 Securitas acquires security services company in Bosnia and Herzegovina Page 1 of 1 Securitas has agreed to acquire 85 percent of the shares in the security services company Adria Ipon Security in Bosnia and Herzegovina. The agreement includes an option of acquiring the remaining 15 percent. Enterprise value is estimated to MSEK 17 (MBAM 3.6). Adria Ipon Security, with annual sales of MSEK 20 (MBAM 4.2) and approximately 200 employees, is located in the city of Mostar in the south west of Bosnia and Herzegovina. The company is primarily operating in guarding services. The customers are mainly banks, gas stations, public trading enterprises and public administration buildings. In December 2010 Securitas entered the security services market in Bosnia and Herzegovina, and is today the market leader in security services. The acquisition of Adria Ipon Security strengthens Securitas’ position in the country. The acquisition is consolidated in Securitas AB as of January 1, 2011. This press release is also available at: www.securitas.com Information: Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs, Securitas AB, phone +46 10 470 3011, mobile +46 70 287 8662, or email [email protected] Micaela Sjökvist, Head of Investor Relations, Securitas AB, phone +46 10 470 3013, mobile +46 76 116 7443, or email [email protected] Securitas AB (publ.) P.O. Box 12307 . S-102 28 Stockholm Sweden Visiting address / Besöksadress Lindhagensplan 70 Telephone / Telefon Securitas is a knowledge leader in security. By focusing on providing security solutions to fit +46 (0) 10 470 30 00 each customer's needs, Securitas has achieved sustainable growth and profitability in 40 Facsimile / Telefax +46 (0) 10 470 31 22 countries in North America, Europe, Latin America, Middle East, Asia and Africa.
    [Show full text]
  • Richmond Region
    SCANDINAVIA Home to more More than Fortune 500 than 60,000 200 foreign company businesses affiliated firms 8 headquarters More than 1,700 More than 70 international More than 20 international students from international clubs and over 115 festivals each year organizations countries Richmond Region, USA A proven location for international business BUSINESS CLUSTERS The Richmond Region is home to more than 60,000 businesses, with everything from Fortune 1000 companies to two-person startups. Our strongest business clusters include: Corporate Information Finance & Advanced Food & BioScience Supply Chain Services Technology Insurance Manufacturing Beverage SCANDINAVIAN OWNED FIRMS IN RICHMOND More than 200 foreign affiliated firms have 210+ facilities in the Richmond Region representing nearly 30 countries. These firms employ over 19,000 workers and provide a wide range of products and services. There are six Scandinavian companies in the region: Alfa Laval AB (Sweden) Plate heat exchanger & high purity pump & valve production Kone Corporation (Finland) Elevator and escalator service and manufacturing MarkBric AB (Sweden) Portable displays; size marking indicators, labels, rack dividers Scandinavian Tobacco Group (Denmark) Manufacturing and distribution of premium cigars Securitas AB (Sweden) Security and related services Swedish Match AB (Sweden) Chewing and smoking tobacco TRANSPORTATION & INFRASTRUCTURE n Richmond is strategically located at the mid-point of the East Coast, less than 160 km (100 mi) from Washington, D.C. 1 Hanover n Three interstate highways converge in the region. 95 n More than 45% of the nation’s consumers are within a one-day drive R R of Richmond. Hanover 301 Airport n Two of the nation’s largest operators, CSX and Norfolk Southern, 64 provide rail freight service and AMTRAK provides passenger rail 295 service.
    [Show full text]
  • Wkr0003.Pdf (29
    December 22, 2008 Securitas acquires security services company in the Czech Republic and Slovakia Securitas has acquired the security services company ASF (Agency of Security Fenix) in the Czech Republic and Slovakia. Enterprise value is estimated to MSEK 70 (MCZK 170). ASF operates within security services, including mobile patrols and monitoring, with about 1,250 employees in Czech Republic and 200 in Slovakia. The company has annual sales of approximately MSEK 164 (MCZK 395). ASF is a well-established company with wide coverage and a good customer portfolio, for example in the banking, office building and state contract segments. The company is the third largest market player in the Czech Republic. With this acquisition Securitas will be the market leader in security services in the Czech Republic, with annual sales of MSEK 463 (MCZK 1,115). At the same time Securitas will enter the market in Slovakia with the sales of MSEK 25 (MSKK 70). ASF will be consolidated in Securitas as of December 19, 2008. This press release is also available at: www.securitas.com Information: Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs, Securitas AB, mobile +46 70 287 8662 Securitas AB (publ.) P.O. Box 12307 S-102 28 Stockholm Sweden Visiting address / Besöksadress Lindhagensplan 70 Telephone / Telefon Securitas is a knowledge leader in security. By focusing on providing security solutions to fit +46 (0) 10 470 30 00 each customer's needs, Securitas has achieved sustainable growth and profitability in more than Facsimile / Telefax +46 (0) 10 470 31 22 30 countries in North America, Latin America, Europe and Asia.
    [Show full text]
  • Presentation of Proposal by the Nomination Committee of Securitas AB for Election of Board of Directors in Respect of the Annual General Meeting 2015 Re-Election
    Presentation of Proposal by the Nomination Committee of Securitas AB for election of board of directors in respect of the Annual General Meeting 2015 Re-election Name Melker Schörling Carl Douglas Alf Göransson Fredrik Cappelen Position Chairman Vice Chairman Member Member Director of Securitas AB since Deputy Director of Securitas AB President and CEO of Director of Securitas AB 1987 and Chairman since 1993. since 1992 and Director since Securitas AB since 2007. since 2008. 1999. Vice Chairman since 2008. Principal education BSc in Economics and Business Bachelor of Arts International BSc in Economics BSc in Business Administration Administration Doctor of Letters (h.c.) and Business Administration Born 1947 1965 1957 1957 Other board and Chairman of Melker Schörling AB, Vice chairman of ASSA ABLOY AB. Chairman of Ligue Internationale Chairman of Byggmax Group AB, other assignments Hexagon AB, AAK AB and Director of Swegon AB and de Societés de Surveillance and Sanitec Oy, Terveystalo Oy, Dustin Hexpol AB. Director of Hennes & Investment AB Latour. Chairman of Loomis AB, Director AB and Dometic Group AB. Vice Mauritz AB. of Hexpol AB and Axel Johnson Chairman of Munksjö AB. Inc., USA. Previously President and CEO of Skanska AB President and CEO of NCC AB President and Group Chief 1993–1997. President and CEO 2001–2007, CEO of Svedala Executive of Nobia 1995–2008. of Securitas AB 1987–1992. Industri AB 2000–2001, Business Marketing Director of Stora Area Manager at Cardo Rail Finepaper, President of 1998–2000 and President of Kaukomarkkinat International Swedish Rail Systems AB in Sweden and Norway and the Scancem Group 1993–1998.
    [Show full text]
  • SECURITAS AB (Publ)
    SECURITAS AB (publ) (incorporated with limited liability in Sweden) €2,000,000,000 Euro Medium Term Note Programme Under this €2,000,000,000 Euro Medium Term Note Programme (the Programme), Securitas AB (publ) (the Issuer) may from time to time issue notes (the Notes) denominated in any currency agreed between the Issuer and the relevant Dealer (as defined below). Any Notes issued under the Programme on or after the date of this Offering Circular are issued subject to the provisions herein. This does not affect any Notes already issued. The maximum aggregate nominal amount of all Notes from time to time outstanding under the Programme will not exceed €2,000,000,000 (or its equivalent in other currencies calculated as described herein), subject to increase as described herein. The Notes may be issued on a continuing basis to one or more of the Dealers specified under “ Overview of the Programme” and any additional Dealer appointed under the Programme from time to time by the Issuer (each a Dealer and together the Dealers), which appointment may be for a specific issue or on an ongoing basis. References in this Offering Circular to the relevant Dealer shall, in the case of an issue of Notes being (or intended to be) subscribed by more than one Dealer, be to all Dealers agreeing to purchase such Notes. An investment in Notes issued under the Programme involves certain risks. For a discussion of these risks, see “Risk Factors”. Application has been made to the Commission de Surveillance du Secteur Financier (the CSSF) in its capacity as competent authority under the Luxembourg Act dated 10 July 2005 on prospectuses for securities to approve this document as a base prospectus.
    [Show full text]
  • SECURITAS TREASURY IRELAND DESIGNATED ACTIVITY COMPANY (Incorporated with Limited Liability in Ireland) As Issuer €4,000,000,000 Euro Medium Term Note Programme
    18 June 2020 SECURITAS AB (publ) (incorporated with limited liability in Sweden) as Issuer and Guarantor and SECURITAS TREASURY IRELAND DESIGNATED ACTIVITY COMPANY (incorporated with limited liability in Ireland) as Issuer €4,000,000,000 Euro Medium Term Note Programme Under this €4,000,000,000 Euro Medium Term Note Programme (the “Programme”), Securitas AB (publ) (“Securitas AB”) and Securitas Treasury Ireland Designated Activity Company (“STI”) (each an “Issuer” and together, the “Issuers”) may from time to time issue notes (the “Notes”) denominated in any currency agreed between the relevant Issuer and the relevant Dealer (as defined below). Any Notes issued under the Programme on or after the date of this Offering Circular are issued subject to the provisions herein. This does not affect any Notes already issued. Payments under the Notes issued by STI will be unconditionally and irrevocably guaranteed by Securitas AB (in such capacity, the “Guarantor”). The maximum aggregate nominal amount of all Notes from time to time outstanding under the Programme will not exceed €4,000,000,000 (or its equivalent in other currencies calculated as described herein), subject to increase as described herein. The Notes may be issued on a continuing basis to one or more of the Dealers specified under “Overview of the Programme” and any additional Dealer appointed under the Programme from time to time by the Issuers (each a “Dealer” and together the “Dealers”), which appointment may be for a specific issue or on an ongoing basis. References in this Offering Circular to the “relevant Dealer” shall, in the case of an issue of Notes being (or intended to be) subscribed by more than one Dealer, be to all Dealers agreeing to purchase such Notes.
    [Show full text]
  • T.C. Memo. 2014-225 UNITED STATES TAX COURT SECURITAS HOLDINGS, INC. and SUBSIDIARIES, Petitioner V. COMMISSIONER of INTERNAL
    T.C. Memo. 2014-225 UNITED STATES TAX COURT SECURITAS HOLDINGS, INC. AND SUBSIDIARIES, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 21206-10. Filed October 29, 2014. Michael Francis Kelleher, Elizabeth A. Erickson, and Justin E. Jesse, for petitioner. Henry C. Bonney, Jr., and Lloyd T. Silberzweig, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION BUCH, Judge: Respondent issued a notice of deficiency determining deficiencies of $13,801,906 for 2003 and $16,496,539 for 2004. The deficiencies largely stem from respondent’s partial disallowance of deductions for interest expenses and deductions for insurance expenses related to a captive insurance - 2 - [*2] arrangement. The sole issue remaining for us to decide is whether petitioner is entitled to deduct premiums paid through the captive insurance arrangement established by its parent corporation. Respondent does not dispute that the arrangement involved insurable risks, and we hold that the captive arrangement shifted risks, distributed risks, and constituted insurance in the commonly accepted sense. Therefore, the arrangement is insurance for Federal tax purposes, and petitioner is entitled to the deduction under section 1621 for insurance expenses. FINDINGS OF FACT I. Parent-Subsidiary Structure Securitas AB is a public Swedish company. Beginning in the late 1980s and continuing through the 1990s Securitas AB expanded its business outside of Sweden by acquiring other companies throughout Europe. Securitas AB first entered the U.S. security services market in 1999 when it established Securitas Holdings, Inc. (SHI). SHI is the parent company of an affiliated group of U.S. corporations (SHI Group or petitioner). During 2003 and 2004, the years in issue, 1Unless otherwise indicated, all section references are to the Internal Revenue Code (Code) in effect for the years in issue, and all Rule references are to the Tax Court Rules of Practice and Procedure.
    [Show full text]
  • Information About Members of the Board of Directors Proposed by the Election Committee of H & M Hennes & Mauritz AB 2012
    Information about members of the Board of Directors proposed by the Election Committee of H & M Hennes & Mauritz AB 2012 Information about members of the Board of Directors proposed by the Election Committee of H & M Hennes & Mauritz AB 2012 Stefan Persson Chairman of the Board and member of the Auditing Committee. Born 1947 Year Selected 1979 Primary occupation Chairman of the board Other significant board assignments Member of the Association of MSAB and board assignments in family-owned companies. Education Stockholm University & Lund University, 1969–1973. Work experience 1967-1982 Country Manager for H&M in the UK and responsible for H&M’s expansion abroad 1982-1998 Managing Director and Chief Executive Officer of H&M 1998– Chairman of the Board of H&M Shareholding 0 Shares held by related parties 194,400,000 A-shares as well as 393,049,043 B-shares owned through Ramsbury Invest AB. Independent of the company and the company management as defined by the Swedish Code of Corporate Governance No Independent of major shareholders in the company as defined by the Swedish Code of Corporate Governance No Mia Brunell Livfors Board member. Born 1965 Year selected 2008 Primary occupation President and Chief Executive Officer at Investment AB Kinnevik. Other significant board assignments Member of the Board since: 2006: Metro International S A, Tele2 AB, Transcom WorldWide S A, Korsnäs AB, 2007: Modern Times Group MTG AB, Millicom International Cellular S A, 2008: Efva Attling Stockholm AB, 2010: CDON AB. Education Studies in Business Administration,
    [Show full text]
  • FTSE Developed Europe Ex UK ESG Low Carbon Emissions Select Index
    2 FTSE Russell Publications FTSE Developed Europe ex UK ESG 19 August 2021 Low Carbon Emissions Select Index Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) ABB 0.05 SWITZERLAND H & M Hennes & Mauritz AB B 0.45 SWEDEN Sandvik AB 0.23 SWEDEN ABN AMRO Bank NV 0.07 NETHERLANDS Hannover Rueck SE 0.01 GERMANY Sanofi 0.29 FRANCE Adidas 0.22 GERMANY Heineken Holding 0.06 NETHERLANDS Santander Bank Polska SA 0.2 POLAND Aegon NV <0.005 NETHERLANDS Heineken NV 0.13 NETHERLANDS SAP 1.54 GERMANY Ahold Delhaize 0.01 NETHERLANDS Henkel KG Pref 0.01 GERMANY Schneider Electric 4.13 FRANCE AIB Group 0.49 IRELAND Holcim 0.01 SWITZERLAND SEB 0.01 FRANCE Akzo Nobel 0.07 NETHERLANDS Huhtamaki 0.01 FINLAND Securitas AB B 0.23 SWEDEN Allegro 0.29 POLAND Inditex 3.71 SPAIN SGS S.A. 1.3 SWITZERLAND Allianz SE 0.77 GERMANY Indutrade AB 0.01 SWEDEN Siemens AG 0.41 GERMANY Alstom 0.01 FRANCE Infineon Technologies AG 0.06 GERMANY Siemens Gamesa Renewable Energy 0.09 SPAIN Amadeus IT Group SA 0.18 SPAIN ING Group CVA 0.07 NETHERLANDS SA Arkema 0.01 FRANCE Intesa Sanpaolo 0.02 ITALY Signify NV 0.01 NETHERLANDS ASML Holding 4.55 NETHERLANDS JC Decaux 0.02 FRANCE SimCorp 0.01 DENMARK Atlas Copco A 0.01 SWEDEN Jeronimo Martins 0.02 PORTUGAL Skandinaviska Enskilda Banken AB A 0.96 SWEDEN Atos SE 1.57 FRANCE KBC Group 2.38 BELGIUM Skandinaviska Enskilda Banken AB C 0.01 SWEDEN AXA 0.05 FRANCE Kering 0.12 FRANCE SKF B 0.02 SWEDEN Banco Bilbao Vizcaya Argentaria
    [Show full text]
  • Annual General Meeting 2020 Documentation
    ANNUAL GENERAL MEETING 2020 DOCUMENTATION 1 CONTENTS NOTICE TO THE ANNUAL GENERAL MEETING 3 STATEMENT BY THE BOARD OF DIRECTORS OF TELIA COMPANY AB (PUBL) AS REQUIRED UNDER CHAPTER 18, SECTION 4 OF THE SWEDISH COMPANIES ACT 15 REPORT ON THE WORK OF THE NOMINATION COMMITTEE AND REASONED STATEMENT 16 INSTRUCTION FOR THE NOMINATION COMMITTEE OF TELIA COMPANY AB (PUBL) 19 PRESENTATION OF PROPOSED BOARD OF DIRECTORS 22 AUDITORS’ REPORT IN ACCORDANCE WITH CHAPTER 8, SECTION 54 OF THE SWEDISH COMPANIES ACT 24 STATEMENT BY THE BOARD OF DIRECTORS OF TELIA COMPANY AB (PUBL) AS REQUIRED UNDER CHAPTER 19, SECTION 22 OF THE SWEDISH COMPANIES ACT 25 STATEMENT BY THE BOARD OF DIRECTORS OF TELIA COMPANY AB AS REQUIRED UNDER CHAPTER 20, SECTION 13 OF THE SWEDISH COMPANIES ACT 26 AUDITORS’ REPORT PURSUANT TO CHAPTER 20, SECTION 14 OF THE SWEDISH COMPANIES ACT 27 2 Welcome to Telia Company’s Annual General Meeting 2020 The annual general meeting of Telia Company AB (publ) will be held on Thursday, April 2, 2020, at 2 p.m. CET at Lilla Cirkus, Cirkus, Djurgårdsslätten 43-45 in Stockholm. Registration for the meeting starts at 1 p.m. CET. Coffee will be served before the meeting starts. Right to attend and notice of attendance Those wishing to attend the meeting must be entered as shareholder in the share register kept by the Swedish central securities depository Euroclear Sweden on Friday, March 27, 2020, and give notice of attendance to the Company no later than on Friday, March 27, 2020. Notice of attendance can be given in writing to Telia Company AB, “AGM 2020”, c/o Euroclear Sweden AB, P.O.
    [Show full text]
  • The Post Davos Nordic Summit
    The Post Davos Nordic Summit PROGRAMME Prepare for the Future The Grand Hôtel Stockholm March 2, 2020 We warmly welcome you to the Post Davos Nordic Summit 2020 The global context is changing dramatically at high speed. How do we prepare for the future in a world of uncertainty and disruption? How will the rapid pace of digitization affect our business models and those around us? We will together share perspectives and experiences on how to adapt and do business in a disrupted world. We hope to create a unique platform for business leaders to exchange views and thoughts. Thank you for joining us for this year’s event. Yours sincerely, Peter Clemedtson Peter Nyllinge Chairman, PwC Sweden CEO, PwC Sweden Program Program “Prepare for the Future” Monday 2 March 2020 From 12.30 Registration – Grand Hôtel, Royal Entrance Creating New Purpose and Values: Please be seated at 13.30 How Technology Helps Achieve it 13.30 Welcome Niklas Adalberth, Executive Chairman & Founder Norrsken Foundation • Peter Nyllinge, CEO PwC Sweden • Linus Kullänger, Co-founder & CEO, Care to Translate • Sofia Götmar-Blomstedt • Sofia Svanteson, Co-founder & CEO Elsa Science Introduction Moderator • Anders Forslund, Founder & CEO Heart Aerospace • Johan Norberg • Robert Falck, Founder & CEO Einride The State of the World Future of Batteries • Carl Bildt, former Prime Minister & Minister of Foreign Affairs, Sweden, • Peter Carlsson, Founder & CEO Northvolt Co-Chair of the European Council of Foreign Relations Take Away PwC’s Annual Global CEO Survey 2020 • Peter Clemedtson,
    [Show full text]