SCA’s Annual General Meeting was held on 2 April 2009 in Stockholm.
The Annual General Meeting decided on a dividend of SEK 3.50 (4.40) per share for the 2008 fiscal year. The record date is Tuesday, 7 April 2009. Payment through Euroclear Sweden AB is planned for Tuesday, 14 April 2009.
The Meeting approved the income statement and balance sheet for the Parent Company and the consolidated income statement and consolidated balance sheet for 2008. The Board of Directors and the President were granted discharge from liability for the 2008 fiscal year.
Board members Rolf Börjesson, Sören Gyll, Tom Hedelius, Jan Johansson, Leif Johansson, Sverker Martin-Löf, Anders Nyrén and Barbara M. Thoralfsson were re-elected. Sverker Martin-Löf was re-elected Chairman.
The Meeting resolved to adopt the proposed guidelines for determining the salary and other remuneration to the President and other senior executives. As proposed by the Board, the Meeting decided to add the following to the proposal presented in the notice to convene the Meeting:
“Programmes for variable remuneration should be formulated so that the Board, if exceptional circumstances prevail, has the possibility to limit, or refrain from, payment of variable remuneration if such an action is considered reasonable and in compliance with the company’s responsibility to shareholders, employees and other stakeholders.”
The speech held by President and CEO Jan Johansson at the Meeting is available at www.sca.com.
Stockholm, 2 April, 2009
For further information please contact
Pär Altan, Vice President Media Relations, +46 8 788 52 37
Bodil Eriksson, Senior Vice President Corporate Communications, +46 8 788 52 34