The General Meeting resolved in accordance with the Board of Directors’ proposal, on a dividend of SEK 4.50 per share. April 17, 2007 was determined as the dividend record date.
Board of Directors
The General Meeting re-elected the Directors Sune Karlsson, Arne Karlsson, Caroline Sundewall and Cecilia Vieweg and elected Lars-Göran Moberg, Anders Thelin and Anders Böös as new Directors. The Meeting re-elected Sune Karlsson as Chairman of the Board. Fees to the Board of Directors shall, as previous year, amount to a total of SEK 1,650,000 (including fees for committee work).
The General Meeting re-elected Liselott Stenudd and new elected Michael Bengtsson as Auditors and re-elected Christine Rankin Johansson and new elected Ronnie Ekman as deputy Auditors, all from PricewaterhouseCoopers, for the period up to and including the Annual General Meeting 2010.
The General Meeting resolved that the Nomination Committee in the respect of the Annual General Meeting 2008 shall have four members and shall consist of one representative each of the four largest shareholders by votes. The names of theses four representatives and the names of the shareholders they represent, shall be announced no later than six months before the Annual General Meeting 2008 and shall be based on the shareholdings immediately prior to such announcement.
Guidelines for remuneration to senior executives
The General Meeting resolved to adopt the guidelines for remuneration to senior executives as proposed by the Board of Directors.
Incentive program (LTI 2007)
The General Meeting resolved to implement a new long-term incentive program. As a prerequisite for participation in the program the employee must, at own cost, invest in Haldex shares in the market. The program shall comprise 25 senior executives and key employees who, during the term of the program, in all may be allocated free of consideration a maximum of 510,000 employee stock options, each entitling to acquisition of one share in Haldex. Allocation of options requires a certain predetermined growth in the company’s profit before tax.
Acquisitions and Transfers of own Shares
Haldex presently holds 231,470 own shares in the company corresponding to 1 per cent of all outstanding shares. The General Meeting resolved, in accordance with the Board’s proposal, to authorize the Board of Directors to resolve on acquisition and/or transfer of own shares on one or more occasions until the Annual General Meeting 2008.
Acquisition of the company’s own shares shall be made on the Stockholm Stock Exchange and is limited insofar as the company’s total holdings of own shares must not exceed 10 per cent of the total number of shares in the company. Transfer of own shares may be made for the purpose of financing possible future corporate acquisitions either on the Stockholm Stock Exchange or in other manner, up to the number of own shares held by the company at the time of transfer, and may be made with deviation from the preferential rights of the shareholders. Transfer of own shares for the purpose of covering certain costs related to LTI 2007 may be made on the Stockholm Stock Exchange and shall not exceed 60,000 shares. Transfer of own shares shall be made at a price determined in close connection to the shares’ quoted price at the time of the Board of Directors’ resolution to transfer the shares.
Stockholm, April 12, 2007
The Board of Directors