Boliden

AGM Information • Apr 23, 2025

Communiqué from Boliden's Annual General Meeting

Communiqué from Boliden's Annual General Meeting

Boliden's Annual General Meeting was held on April 23, 2025 live in Aitik and

through postal voting.

Board of Directors

The Meeting resolved on the re-election of all Board Members - Helene Biström,

Tomas Eliasson, Per Lindberg, Perttu Louhiluoto, Elisabeth Nilsson, Pia

Rudengren, Karl-Henrik Sundström and Derek White, and the new election of

Victoire de Margerie. Karl-Henrik Sundström was re-elected as Chairman of the

Board. The Board of Directors and the President & CEO were granted discharge

from liability for the 2024 financial year.

Fees

The Meeting resolved that the remuneration to the Chairman of the Board shall be

SEK 2,100,000 and SEK700,000 to Board Members not employed by the company, that

the fee for the Chairman of the Audit Committee shall be SEK 350,000 and SEK

175,000 for the other members of the Audit Committee, and that the fee shall be

SEK 80,000 for the members of the Remuneration Committee.

Remuneration etc. for the Group Management

The Meeting resolved to adopt the remuneration report issued by the Board of

Directors.

Adoption of the Income Statement and Balance Sheet and Appropriation of Profits

The income statements and balance sheets of the Parent Company and the Group

were adopted and the Board of Directors' proposal regarding the appropriation of

profits was approved, meaning that no dividend is paid to the shareholders, and

that funds at the disposal of the Meeting are carried forward as retained

earnings.

Articles of Association

The Meeting resolved that, in accordance with the Board's proposal, the Articles

of Association be amended to enable the General Meeting to be held also in the

municipalities of Askersund and Örebro, as well as to include the sustainability

assurance report regarding the consolidated sustainability report when

presenting the annual report and auditor's report, the consolidated financial

statements and auditor's report for the Group.

Instruction for the Nomination Committee

The meeting resolved on the Nomination Committee's proposal for instruction for

the Nomination Committee, meaning that a new Nomination Committee will be

appointed by the three largest shareholders in the company in terms of votes as

of August 31.

Auditor

The auditing firm Öhrlings PricewaterhouseCoopers (PwC) was elected as the new

auditor for the period up to and including the next Annual General Meeting.

Long-Term Share Savings Programme 2025/2028

The Meeting resolved on a long-term share savings programme 2025/2028 ("LTIP

2025/2028") aimed at the CEO, members of the Group Management, General Managers

and certain other key employees in the Boliden Group. The Board of Directors was

authorized to resolve on acquisitions of treasury shares on Nasdaq Stockholm and

that treasury shares may be transferred to the participants in the LTIP

2025/2028.

Minutes

The minutes with complete resolutions from the Meeting will be available on the

company's website at https://www.boliden.com under "Operations/Governance/Annual

General Meetings". A copy of the minutes, except for the voting list, will also

be sent to shareholders who request it from the company and who provide their

postal address.

Speech by the President and CEO

A speech by the President and CEO Mikael Staffas is available on Boliden's

website at https://www.boliden.com.

For further information, please contact:

Klas Nilsson

Director Group Communications

+46 70453 65 88

Klas.Nilsson@boliden.com

Metals for generations to come

Boliden's vision is to be the most climate-friendly and respected metal provider

in the world. We are Europe's producer of sustainable metals and, guided by our

values care, courage and responsibility, we operate within exploration, mines,

smelters and recycling. We are around 7,500 employees and have annual revenues

of approximately SEK 90 billion. The share is listed in the Large Cap segment of

NASDAQ Stockholm.

www.boliden.com