The annual general meeting in Haldex AB (publ) took place on 23 June in Stockholm. Among other things, the following resolutions were adopted by the general meeting.

Haldex AB (publ) has been notified that shareholders representing 22,96 per cent of the shares and votes in the company jointly have put forward a proposal regarding board members, auditors and remuneration to the board and auditors for the Annual General Meeting 23 June 2020.

The report describes Haldex operations and outcome 2019. In this year’s work on the Annual Report we have enhanced the description of offer, markets, technology development and sustainability work. The report also highlights our strategic focus areas set out to reach the goal of an adjusted operating margin of 10 percent by the end of 2022.

The shareholders of Haldex Aktiebolag (publ) are hereby invited to attend the annual general meeting to be held at 14.00 CET on Tuesday 23 June 2020, at Strandvägen 7A, Strandvägen 7, Stockholm, Sweden.

The board of Haldex Aktiebolag (publ) (”Haldex” or the “Company”) has, pursuant to the authorization given at the annual general meeting 2019, resolved to issue a total of 4,421,597 new shares to AMF Pensionsförsäkring and AFA Försäkring. The new shares have been issued at a subscription price of SEK 35.56 per share, corresponding to the volume-weighted average price of the Company's share on Nasdaq Stockholm during the last five trading days prior to the board’s resolution to issue new shares.

Haldex Aktiebolag (publ) (”Haldex” or the ”Company”) has reached an agreement with the Company’s lenders including to extend the maturity of the existing syndicated credit facility of EUR 90 million and the existing short-term loan of SEK 270 million to April 2022 and to make certain adjustments to the terms of the loans regarding financial ratios and the interest rates. The agreement also stipulates that the Company be provided with new equity. The parties intend to conclude final agreements shortly.

Haldex has recruited Lottie Saks as new CFO. She succeeds Andreas Larsson, who ends on 30 July 2020. Lottie will take up the position as CFO on 1 June 2020.

Haldex extends the short-term working plan (previously called short-term layoffs) for most employees in Landskrona, introduced on 30 March. In total, approximately 250 employees are affected.