Corporate governance

The governance of Electrolux is based on the Swedish Companies Act, the regulatory system of NASDAQ OMX Stockholm and the Swedish Code of Corporate Governance (the “Code”), as well as other relevant Swedish and foreign laws and regulations.

Corporate governance

 Dates for publication of financial reports from Electrolux in 2011

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Electrolux Annual Report 2009 was ranked number one – the best annual report in the world – in the latest edition of the “Annual Report on Annual Reports” by Report Watch. This is the...

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Henrik Bergström has been appointed head of Floor Care & Small Appliances and Executive Vice President of AB Electrolux.

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Anders Edholm has been appointed SVP Corporate Communications and head of Group Staff Communications of AB Electrolux.

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Electrolux has signed an agreement to expand its operations in the growing emerging markets in Eastern Europe through an acquisition of a factory in Ivano-Frankivsk, Ukraine.

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The Board of Directors consists of ten members, without deputies, who are elected by the Annual General Meeting for a period of one year.

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In addition to the President and CEO, Group Management includes the six sector heads, the four Group staff heads and the head of R&D, Purchasing and Manufacturing within Major Appliances.

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Most of the shares owned by foreign investors are registered through foreign banks or trustees, which are not registered in the share register kept by VPC.

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Executives in Electrolux reported as insiders to the Swedish Financial Supervisory Authority.

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Trading by insiders is when Electrolux insiders buy and sell stock in Electrolux. They have a reporting duty and must report their trades to Swedish Financial Supervisory Authority.

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