Annual General Meeting of B&B TOOLS AB held 20 August 2015
B&B TOOLS Decisions of annual general meeting Annual General Meeting of B&B TOOLS AB held 20 August 2015 At the Annual General Meeting and the ensuing statutory Board of Directors Meeting of B&B TOOLS AB today, resolutions passed included the following: Dividend The Annual General Meeting approved a dividend of SEK 4.00 per share. The record date for payment of the dividend was set as Monday, 24 August 2015. The dividend is expected to be distributed to shareholders by Euroclear Sweden AB on Thursday, 27 August 2015. Board of Directors The current Directors Roger Bergqvist, Anders Börjesson, Charlotte Hansson and Gunilla Spongh were re-elected. Fredrik Börjesson and Henrik Hedelius were elected as new Directors. Current Directors Tom Hedelius and Joakim Rubin had declined re-election. Anders Börjesson was re-elected as Chairman of the Board. At the ensuing statutory Board meeting, Roger Bergqvist was elected as Vice Chairman. At the statutory Board meeting, the entire Board was appointed to serve as the Company’s Audit Committee. The Chairman and the Vice Chairman of the Board were appointed to serve as the Company’s Compensation Committee. A presentation of the Board’s Directors is available on the Company’s website at www.bbtools.com. Executive Vice Presidents At the ensuing statutory Board meeting, Eva Hemb and Pontus Boman were appointed as new Executive Vice Presidents for B&B TOOLS AB. In conjunction with this, Carl Johan Lundberg resigned as Executive Vice President. Auditors The Annual General Meeting resolved to re-elect the registered accounting firm KPMG AB as the Company’s auditors for the period ending with the adjournment of the 2016 Annual General Meeting. KPMG has appointed the Authorised Public Accountant Fredrik Westin as Chief Auditor. Guidelines for determining compensation and other terms of employment for the President & CEO and other members of Group management The Annual General Meeting resolved to adopt the guidelines for determining compensation and other terms of employment for the President & CEO and other members of Group management as proposed by the Board of Directors. Information about the Annual General Meeting Additional information about the Annual General Meeting is available on the Company’s website under: Corporate governance/Annual General Meeting. Next report The Interim Report for the period 1 April – 30 September 2015 (6 months) will be published on 6 November 2015. Stockholm, 20 August 2015 B&B TOOLS AB (publ) The Board of Directors For further information, please contact: Ulf Lilius, President & CEO, B&B TOOLS AB, tel: +46 10-454 77 00 Mats Karlqvist, Head of Investor Relations, B&B TOOLS AB, tel: +46 70 660 31 32 This information is such that it shall be disclosed by B&B TOOLS in accordance with the Swedish Securities Market Act, the Swedish Financial Instruments Trading Act or requirements imposed in the Rulebook for Issuers on Nasdaq Stockholm. This information was submitted for publication on 20 August 2015 at 19:30 pm.