- Ericsson plans to hold its Annual General Meeting of
shareholders 2020 as scheduled at 3:00 pm CEST on March 31, 2020, but takes precautionary
measures
- Due to the current circumstances, the President and CEO Börje
Ekholm will not attend in person, but will participate via
link
- Ericsson intends to offer a live webcast of the Annual General
Meeting and Euroclear Sweden AB will offer shareholders who are
individuals the option to vote via proxy
- No food or refreshments will be served, the option to visit the
Ericsson Studio is cancelled and the doors will open 2:00 pm CEST instead of 1:30 pm CEST
STOCKHOLM, March 17, 2020 /PRNewswire/ -- To ensure the
health and safety of our shareholders, employees and other
stakeholders, Ericsson (NASDAQ: ERIC) has decided on certain
precautionary measures related to its Annual General Meeting of
shareholders 2020. Ericsson is closely monitoring the development
around the Corona virus and is following recommendations from
relevant national authorities and international bodies, such as the
WHO and The Public Health Agency of Sweden.
Ericsson plans to hold its Annual General Meeting 2020 as
scheduled at 3:00 pm CEST on
March 31, 2020, at Kistamässan in
Kista/Stockholm, but with a
limited scope. The Public Health Agency of Sweden has raised the risk level of public
dissemination in the Stockholm
region to very high risk, the highest level. Due to the risk for
contamination, Ericsson has decided to limit the scope of the
meeting and the presence of Board members and management will be
limited. The President and CEO Börje Ekholm will not attend in
person but will participate via link.
Shareholders are welcome to send questions about Ericsson to the
company in advance to investor.relations@ericsson.com.
A resolution will be proposed at the AGM to have the meeting
available via live webcast, and a recording of the CEO speech will
be made available at www.ericsson.com after the meeting.
No food or refreshments will be served, and the doors will open
at 2:00 pm CEST instead of
1:30 pm CEST. The previously announced option to visit to
the Ericsson Studio Unboxed is cancelled.
Individuals who feel sick or have visited an area where the
Corona virus has been widely spread during a two-week period prior
to the meeting are expected to refrain from participating in
person. The same applies to those who have been in close contact
with someone who feels sick or who has visited such a region
recently. Please refer to the Public Health Agency of Sweden for updated information regarding risk
areas and recommendations regarding the Corona virus,
www.folkhalsomyndigheten.se. Even though Ericsson is taking
precautions to minimize the risk for exposure to the Corona virus,
the company is unable to guarantee that attendees will not be
exposed to the virus.
Ericsson would like to remind shareholders of the possibility of
not attending the meeting in person. Instead they can appoint a
proxy who will vote on their behalf. Shareholders who want to
authorize a proxy to vote on their behalf, can find relevant
templates at:
https://www.ericsson.com/en/about-us/corporate-governance/shareholder-meetings/annual-general-meeting-2020.
Euroclear Sweden AB has informed Ericsson that they, at no cost,
offer a possibility for shareholders who are individuals to appoint
a proxy designated by Euroclear Sweden to vote in accordance with
the shareholder's instructions. Ericsson welcomes this initiative.
More information about this offering from Euroclear is available at
Euroclear's website: www.euroclearproxy.se. As an alternative,
shareholders may give their proxy to Euroclear Sweden in-person at
Kistamässan from 10:00 am until 2:30 pm CEST
on March 31.
The health and safety of our shareholders, employees and other
stakeholders is a key priority and if required, the company is
preparing measures to split the attendees in different rooms to be
able to reassure health and safety.
NOTES TO EDITORS:
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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com
(+46 10 719 69 92)
investor.relations@ericsson.com
(+46 10 719 00 00)
About Ericsson
Ericsson enables communications service providers to capture the
full value of connectivity. The company's portfolio spans Networks,
Digital Services, Managed Services, and Emerging Business and is
designed to help our customers go digital, increase efficiency and
find new revenue streams. Ericsson's investments in innovation have
delivered the benefits of telephony and mobile broadband to
billions of people around the world. The Ericsson stock is listed
on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
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Update on
Ericsson’s Annual General Meeting 2020 addressing the Corona
virus
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