STOCKHOLM, May 13, 2024
/PRNewswire/ -- Autoliv, Inc., (NYSE: ALV) (SSE:
ALIV-sdb), the worldwide leader in automotive safety systems,
today announced the results of its annual general meeting of
stockholders held on May 10,
2024.
Annual General Meeting of Stockholders
The Company's 2024 Annual General Meeting of Stockholders (AGM)
voted for approval of the following proposals:
- The election of Mikael Bratt,
Laurie Brlas, Jan Carlson, Hasse
Johansson, Leif Johansson,
Franz-Josef Kortüm, Frédéric Lissalde, Xiaozhi Liu, Gustav
Lundgren, Martin Lundstedt,
and Thaddeus "Ted" Senko as directors of the Board for a one-year
term ending at the 2025 AGM;
- The non-binding, advisory resolution to approve the Company's
2023 executive compensation for its named executive officers;
and
- The ratification of the appointment of Ernst & Young AB as
the Company's independent auditing firm for the fiscal year ending
December 31, 2024.
Committees of the Board
At the Board meeting, the Board approved the membership of its
standing committees as follows:
- Audit and Risk Committee:
Ted Senko (Chair), Laurie Brlas, Hasse
Johansson, and Gustav
Lundgren
- Leadership Development and Compensation Committee:
Frédéric Lissalde (Chair), Leif
Johansson, Xiaozhi Liu, and
Martin Lundstedt
- Nominating and Corporate Governance Committee:
Leif Johansson (Chair), Laurie Brlas, Franz-Josef Kortüm, and Frédéric
Lissalde
Chairman
The Board resolved that Jan
Carlson continues to serve as the Chairman of the Board.
Inquiries:
Investors & Analysts: Anders
Trapp, Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik
Kaar, Tel +46 (0)8 587 206 14
Media: Gabriella Etemad, Tel +46
(0)70 612 64 24
About Autoliv
Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the
worldwide leader in automotive safety systems. Through our group
companies, we develop, manufacture and market protective systems,
such as airbags, seatbelts, and steering wheels for all major
automotive manufacturers in the world as well as mobility safety
solutions, such as pedestrian protection, connected safety services
and safety solutions for riders of powered two wheelers. At
Autoliv, we challenge and re-define the standards of mobility
safety to sustainably deliver leading solutions. In 2023, our
products saved 35,000 lives and reduced more than 450,000
injuries.
Our 70,000 associates in 25 countries are passionate about
our vision of Saving More Lives and quality is at the heart of
everything we do. We drive innovation, research, and development at
our 14 technical centers, with their 20 test tracks. Sales in 2023
amounted to US $ 10.5 billion. For
more information go to www.autoliv.com.
Safe Harbor Statement
This report contains statements that are not historical facts
but rather forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements include those that address activities,
events or developments that Autoliv, Inc. or its management
believes or anticipates may occur in the future. All
forward-looking statements are based upon our current expectations,
various assumptions and data available from third parties. Our
expectations and assumptions are expressed in good faith and we
believe there is a reasonable basis for them. However, there can be
no assurance that such forward-looking statements will materialize
or prove to be correct as forward-looking statements are inherently
subject to known and unknown risks, uncertainties and other factors
which may cause actual future results, performance or achievements
to differ materially from the future results, performance or
achievements expressed in or implied by such forward-looking
statements. Numerous risks, uncertainties and other factors may
cause actual results to differ materially from those set out in the
forward-looking statements, including general economic conditions
and fluctuations in the global automotive market. For any
forward-looking statements contained in this or any other document,
we claim the protection of the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform
Act of 1995, and we assume no obligation to update publicly or
revise any such statements in light of new information or future
events, except as required by law.
This information was brought to you by Cision
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SOURCE Autoliv