Holmen

AGM Information • Apr 22, 2021

Holmen Annual General Meeting 2021

Today Holmen's AGM approved all the proposals submitted by the Board and the nomination committee.

Financial statement for the 2020 financial year, dividend etc.

The AGM adopted the income statement and the balance sheet as well as the consolidated income statement and balance sheet for the 2020 financial year.

The AGM resolved in favour of paying dividend of SEK 10,75 per share. The date of record for entitlement to dividend was set for 26 April 2021. With this date of record the dividend is expected to be distributed on 29 April 2021.

Board, auditor and fees

The AGM resolved to discharge the members of the Board and the CEO from liability.

The AGM resolved that the number of Board members should be nine and Fredrik Lundberg, Carl Bennet, Alice Kempe, Lars Josefsson, Lars G Josefsson, Louise Lindh, Ulf Lundahl, Henrik Sjölund and Henriette Zeuchner were re-elected. Fredrik Lundberg was re-elected Chairman of the Board.

The Board fees were set at a total of SEK 3,330,000, with SEK 740,000 for the Chairman of the Board and SEK 370,000 for each other member elected by the AGM who is not employed by Holmen.

PricewaterhouseCoopers AB (PWC) was elected as the company's auditor. PWC has announced that the authorised public accountant Magnus Svensson Henryson will be the principal auditor. Auditor fees will be paid against approved invoices.

Other resolutions

The AGM also made the following resolutions:

• Approval of submitted remuneration report.
• Amendments to the articles of association.
• Authorisation of the Board to purchase the company's own shares and to transfer repurchased shares as settlement for acquisitions or to finance acquisitions.

Due to the ongoing pandemic, the meeting was conducted only by postal voting, without physical participation. An AGM address by Henrik Sjölund is available at www.holmen.com.

For further information, please contact:

Stina Sandell, Senior Vice President Sustainability and Communications, Holmen, +46 (0) 73 986 51 12