Elanders AB: Report from the Annual General Meeting 2024

The Annual General Meeting, led by Chairman of the Board Dan Frohm, decided to:

· adopt the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet,
· discharge the members of the Board and the Chief Executive Officer from liability for the financial year 2023,
· according to the proposal in the summons, distribute a dividend of SEK 4.15 per share for 2023. The record date for the dividend is proposed to be 23 April 2024 and it is expected that the dividend will be disbursed by Euroclear Sweden AB on 26 April 2024,
· for the financial year 2024 grant, according to the proposal in the summons, the Board a remuneration of a total of SEK 4,512,600 including reimbursement for committee work, to be divided among the members as presented in the summons,
· appoint, according to the proposal in the summons, the following members to the Board until the next Annual General Meeting is held in 2025:
Carl Bennet (re-election)
Ulrika Dellby (re-election)
Eva Elmstedt (re-election)
Dan Frohm (re-election)
Erik Gabrielson (re-election)
Anna Hallberg (re-election)
Anne Lenerius (re-election)
Magnus Nilsson (re-election)
Johan Trouvé (re-election)
· appoint, according to the proposal in the summons, Dan Frohm as Chairman of the Board,
· approve the proposal given in the summons to re-elect the accounting firm of Öhrlings PricewaterhouseCoopers as company accountant,
· the nomination committee until the next Annual General Meeting will be formed and perform the duties according to the proposal in the summons, and
· approve the remuneration report presented by the Board regarding senior officers.

In his speech, CEO Magnus Nilsson described the Group’s business and development during 2023 and the first quarter 2024. Considering the very challenging year, characterized by falling demand and a negative organic growth, Elanders had a relatively good result in 2023. The year ended on a positive note due to a strong cash flow, which enabled the acquisition of Kammac. Furthermore, Magnus Nilsson also reported on the investments that have been made and the sustainability work that is being carried out within the Group.

The minutes from the Annual General Meeting will be available on the company website as soon as they have been verified.

*Elanders AB (publ)*
The Board of Directors

through
Magnus Nilsson, President and CEO, Phone: +46 31 750 07 50

*Attachment*

· 2024-04-19 Elanders Press release - Report from the Annual General Meeting 2024