PR Newswire | Nov 3, 2020 09:16AM EST

11/03 08:15 CST

Bulletin from AB Electrolux Extraordinary General Meeting STOCKHOLM, Nov. 3, 2020

STOCKHOLM, Nov. 3, 2020 /PRNewswire/ -- Due to the risk of the spread of COVID-19 and the authorities' regulations and advice the Extraordinary General Meeting ("EGM") was carried out solely through advance voting (so-called postal voting) pursuant to temporary legislation.

The EGM adopted the proposed dividend of SEK 7.00 per share. The record date for the dividend was set to Thursday, November 5, 2020. The dividend is expected to be paid by Euroclear Sweden AB on Tuesday, November 10, 2020.

The EGM approved, in accordance with the Board of Directors' proposal, the scope of and the principles for Electrolux performance based, long-term share program for 2020.

The EGM also resolved to approve the amendments to the Articles of Association. The amendments enable the company to hold general meetings by mail voting and/or by means of the Board of Directors collecting powers of attorney.

Full details on the proposals adopted by the EGM can be downloaded at www.electroluxgroup.com/egmnovember2020.

For further information, please contact:

Sophie Arnius, Head of Investor Relations, +46 70 590 80 72Electrolux Press Hotline: +46 8 657 65 07

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SOURCE Electrolux