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Decisions taken by Avanza's Annual General Meeting

 · Regulatorisk information
Summary of the main decisions taken by Avanza Bank Holding AB (publ) Annual General Meeting. The meeting, chaired by Sven Hagströmer, was held today in Stockholm.

Dividend
The AGM decided to authorise a dividend per share of two kronor and thirty öre (2.30 SEK). The record date for the dividend was set at 19 March 2020. The dividend is expected to be paid out via Euroclear Sweden AB on 24 March 2020.

Amendment of the articles of association
The Annual General Meeting resolved on a change in the articles of association to allow a maximum of nine Board members elected by the AGM. The resolved change in the articles of association also enable shareholders to exercise their voting rights by mail before the AGM as well as enable the Board to collect proxy forms in accordance with the procedure set out in Chapter 7 Section 4 of the Swedish Companies Act.

Election to the Board of Directors
Viktor Fritzén, Jonas Hagströmer, Sven Hagströmer, Birgitta Klasén, Mattias Miksche and Hans Toll were re-elected as board members, and Sven Hagströmer as Chairman of the Board. Magnus Dybeck, Catharina Eklöf and Johan Roos were newly elected as board members. Jacqueline Winberg had declined re-election.

Election of Auditors
KPMG was re-elected as the Auditor of the company. Mårten Asplund is Chief Auditor.

Issue of warrants for incentive programme
The Annual General Meeting resolved on a new incentive programme based on warrants. The incentive programme runs for three years. The incentive programme comprises a maximum of 2,250,000 warrants that entitles the holder to subscribe for the same number of shares. If all warrants are exercised it will result in a dilution of maximum 1.5 percent.

Share repurchase programme
The Annual General Meeting authorised the Board of Directors to implement the acquisition of own shares up to a maximum of 10 percent of the shares in Avanza Bank Holding AB. The authorisation is valid until the next Annual General Meeting.

Remuneration policy for executive management
The Annual General Meeting approved the Board’s proposal regarding guidelines for salary and other remuneration to the CEO and other members of the group’s management.

For further information please contact:
Sven Hagströmer, Chairman of the Board of Avanza
+46 70 728 81 92
Sven.Hagstromer@avanza.se

Avanza is a digital platform for savings and investments, founded in 1999. The Parent Company, Avanza Bank Holding AB (publ), is listed on the Stockholm Stock Exchange. Avanza’s customer promise is a better return on your savings than with any other bank or pension provider in Sweden. Services include saving in shares, funds, savings accounts, mortgages and a strong pension offering. Avanza has more than 1 million customers with over SEK 400 billion in total savings capital. This is equivalent to 4.5 per cent of the Swedish savings market. Avanza is largest in terms of number of transactions among Swedish banks on the Stockholm Stock Exchange including First North. During the last ten years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: avanza.se/ir