Notice of the Annual General Meeting of shareholders
The notice of the Annual General Meeting of shareholders 2021 has been published and includes the meeting agenda and information on how shareholders can participate in the meeting.
Due to the COVID-19 pandemic, the Board of Directors has decided that the Annual General Meeting of shareholders 2021 will be conducted without the physical presence of shareholders, representatives and third parties and that the shareholders before the meeting are able to exercise their voting rights only by post. Information on the resolutions passed at the meeting will be disclosed on Tuesday, March 30, 2021, as soon as the outcome of the postal voting has been finally confirmed.
Notice to the AGM English | Swedish
Registration and notification
A person who wishes to participate in the Annual General Meeting by postal voting must
- be listed as a shareholder in the presentation of the share register prepared by Euroclear Sweden AB concerning the circumstances on Monday, March 22, 2021, and
- give notice of participation no later than Monday, March 29, 2021, by casting its postal vote in accordance with the instructions under the heading Postal voting below so that the postal voting form is received by Euroclear Sweden AB no later than that day.
Postal voting
Shareholders can cast their postal votes:
- electronically through verification with BankID on Euroclear Sweden AB’s website.
Such electronic votes must be submitted no later than Monday, March 29, 2021.
Note that this option is only available for shareholders that are natural persons. - through a form for postal voting. The postal voting form is available here
English | Swedish
Completed and signed forms for postal voting can be sent:
(i) by mail to Telefonaktiebolaget LM Ericsson, General Meeting of shareholders, c/o Euroclear Sweden AB, Box 191, SE-101 23 Stockholm, Sweden, or
(ii) by e-mail to GeneralMeetingService@euroclear.com.
Completed forms must be received by Euroclear no later than Monday, March 29, 2021.
The shareholders may not provide special instructions or conditions in the postal vote. If so, the entire postal vote is invalid. Further instructions and conditions may be found in the form for postal voting and here.
Nominee-registered shares
In order to be entitled to participate in the meeting, a shareholder whose shares are registered in the name of a nominee must, in addition to giving notice of participation in the Annual General Meeting by submitting its postal vote, register its shares in its own name so that the shareholder is listed in the presentation of the share register as of Monday, March 22, 2021. Such registration may be temporary (so-called voting rights registration), and request for such voting rights registration shall be made to the nominee, in accordance with the nominee’s routines, at such a time in advance as decided by the nominee. Voting rights registrations that have been made by the nominee no later than Wednesday, March 24, 2021 will be taken into account in the presentation of the share register.
Proxy
You may cast your postal vote at the Annual General Meeting either in person or by proxy. If the shareholder submits its postal vote by proxy, a written and dated power of attorney signed by the shareholder must be attached to the postal voting form. A power of attorney issued by a legal entity must be accompanied by a copy of the entity’s certificate of registration (should no such certificate exist; a corresponding document of authority must be submitted).
Forms of Power of Attorney English | Swedish
Shareholders’ right to receive information
The Board of Directors and the President and CEO shall, if any shareholder so requests and the Board of Directors believes that it can be done without material harm to the Company, provide information regarding circumstances that may affect the assessment of an item on the agenda and circumstances that can affect the assessment of the Company’s or its subsidiaries’ financial situation and the Company’s relation to other companies within the Group.
A request for such information shall be made in writing to the Company no later than ten days prior to the Annual General Meeting, i.e. no later than Saturday, March 20, 2021, at the address Telefonaktiebolaget LM Ericsson, The Board of Directors Secretariat, SE-164 83 Stockholm, Sweden or by e-mail to boardsecretariat@ericsson.com. The questions and responses will be made available on the Company’s website www.ericsson.com and at the Company’s headquarters, Torshamnsgatan 21, SE-164 83 Stockholm, Sweden no later than Thursday, March 25, 2021. The information is also sent to the shareholders who requested it and stated their address.
Majority requirements
Most resolutions at General Meetings of shareholders are passed by a simple majority, i.e. more than half of the votes cast at the General Meeting. However, the Swedish Companies Act requires qualified majorities in certain cases. For example, resolutions on transfer of treasury stock to employees participating in long-term variable compensation programs must be approved by 90 percent of the votes cast and by 90 percent of the shares represented at the Meeting, and a resolution to amend the Articles of Association must be approved by a two thirds majority.
Information on how your personal data is processed English | Swedish