Saab’s Annual General Meeting (AGM) took place on April 10, 2025, in Linköping. During the meeting, key decisions were made regarding the company’s financial standing, future dividend distributions, board appointments, and executive compensation.
Financial Reports Approved
The AGM approved the income statement and balance sheet for both the Parent Company and the consolidated group for the financial year 2024.
Dividend Distribution
A dividend of SEK 2 per share was approved, with payment to be made in two equal instalments. The first instalment of SEK 1 per share will be paid on April 17, 2025, with a record date of April 14, 2025. The second instalment will be paid on October 10, 2025, with a record date of October 7, 2025.
Discharge from Liability
The Board of Directors and the CEO were discharged from liability for the financial year 2024.
Board of Directors Re-Election
The AGM saw the re-election of several board members, including Marcus Wallenberg as Chairman. Additionally, Bert Nordberg was re-elected as Deputy Chairman. A proposal from the Nomination Committee was followed for these appointments.
Auditor Appointment
Öhrlings PricewaterhouseCoopers AB was appointed as Saab’s auditor for the period through the next AGM in 2026.
Board Fees and Auditor Compensation
The AGM approved compensation for board members as well as the auditor. The chairman will receive SEK 2,450,000, while the deputy chairman will be paid SEK 925,000. Other board members will receive SEK 810,000 each, while members of the Audit Committee will be compensated with SEK 375,000 for the chairman and SEK 240,000 for other members.
Executive Compensation and Long-Term Incentive Programme
The AGM also approved the Board’s proposal for a long-term incentive programme, which will include the issuance of up to 3,100,000 shares of series B, designed to align the interests of employees with those of the company. This will cover employees through Share Matching Plans and Performance Share Plans for 2026, with performance targets based on financial and sustainability goals.
Share Acquisition Authorization
In line with the meeting’s agenda, the Board was authorized to acquire shares of series B, up to 10% of the total share count, as part of a strategy to optimize Saab’s capital structure and facilitate company acquisitions.
Shareholder Composition
Saab currently has a total of 543,383,388 shares in circulation, of which 9,535,612 are series A shares (with ten votes per share) and 533,847,776 are series B shares (with one vote per share), equating to a total of 629,203,896 votes. The company also holds 6,139,455 of its own shares in series B.