Report from Skanska’s Annual Shareholders’ Meeting

4/3/2014 6:30 PM CET
Press release

The following resolutions were made at Skanska AB’s Annual Shareholders’ Meeting held in Stockholm today, inter alia:

The dividend for 2013 was approved in accordance with the Board’s proposal a dividend of SEK 6.25 per share. The record date for the dividend is April 8, 2014.

The Annual Shareholders’ Meeting re-elected Stuart E Graham, Johan Karlström, Fredrik Lundberg, Sverker Martin-Löf, Adrian Montague, Charlotte Strömberg, Matti Sundberg and Pär Östberg. John Carrig and Nina Linander were elected as new Board members.

Stuart E Graham was re-elected Chairman of the Board.

Further the Annual Shareholders’ Meeting approved the following Board fees:

-Chairman of the Board: 1,875,000 SEK
-Board members: 625,000 SEK
-Members and the Chairman of the Nomination Committee: 100,000 SEK
-Chairman of the Audit Committee: 150,000 SEK
-Members of the Audit Committee: 125,000 SEK
-Chairman and members of the Project Review Committee: 200,000 SEK

The Meeting re-elected KPMG as auditor, the auditor in charge will be George Pettersson.

The Meeting approved the Board’s proposal for principles for salaries and other remuneration to senior executives.

The Meeting resolved to authorize the Board during the period until the next Annual Shareholders’ Meeting to acquire not more than 4,500,000 own B shares. The intention is to secure delivery of shares to the participants in the long-term share-savings program, which was approved by the Shareholders’ meeting on April 11, 2013 (Seop 2014 – 2016).

The meeting resolved that not more than 763,000 Series B Shares in Skanska AB that have been purchased by virtue of previous authorizations to repurchase own shares, prior to the annual shareholders’ meeting 2015, be transferred for the purpose of covering certain costs, that may occur in relation to the long-term employee ownership program, resolved by the annual shareholders meeting on April 13, 2010 (Seop 2011 – 2013).

Contact: Magnus Persson, Executive Vice President, CFO
Telephone +46104488900