The general meeting is the company’s highest decision-making body through which shareholders exercise their influence in the company. At the annual general meeting, the shareholders decide, among other things election of the Board of Directors, adoption of the financial statements, allocation of profit, fees for the Board of Directors and the auditors etc. The first Annual General Meeting of Electrolux Professional following the spin-off from AB Electrolux will be held in 2021.
The notice of the AGM is published no earlier than six weeks and no later than four weeks prior to the AGM. Shareholders who wish to participate at general meetings, personally or through a proxy, must be entered in the share register five weekdays prior to the meeting and must register in accordance with the notice to attend the meeting.