Approval of Financial Statements
Shareholders voted to adopt the Company’s Income Statement and Balance Sheet for 2025, as well as the Consolidated Income Statement and Consolidated Balance Sheet for the Ericsson Group. The approvals mark the formal acknowledgment of the company’s financial performance over the past fiscal year.
Dividend Distribution
The AGM approved a dividend of SEK 3.00 per share, payable in two installments. The first installment of SEK 1.50 per share will have a record date of April 2, 2026, with payments expected via Euroclear Sweden AB on April 9, 2026. The second installment of SEK 1.50 per share will be recorded on September 29, 2026, with disbursement scheduled for October 2, 2026. The dividend reflects Ericsson’s commitment to returning value to its shareholders while maintaining financial resilience.
Remuneration and Liability Discharge
The meeting endorsed the Board of Directors’ remuneration report for 2025. Additionally, the AGM granted discharge from liability to the members of the Board and the President for the financial year 2025, signaling shareholder confidence in the management of the company’s operations.
Board of Directors Re-Elected
In line with the Nomination Committee’s recommendations, Jan Carlson was re-elected as Chair of the Board. Other Board members re-elected include Jon Fredrik Baksaas, Christian Cederholm, Börje Ekholm, Eric A. Elzvik, Marachel Knight, Kristin S. Rinne, Jonas Synnergren, Jacob Wallenberg, Christy Wyatt, and Karl Åberg. Employee representatives appointed by the unions—Ulf Rosberg, Loredana Roslund, and Annika Salomonsson—also continue their roles on the Board, with Frans Frejdestedt, Andreas Larsson, and Stefan Wänstedt serving as deputies.
Board Compensation
The AGM approved annual fees in line with the Nomination Committee’s proposal, including SEK 5,200,000 to the Chair of the Board and SEK 1,400,000 to each other non-employee member. Additional fees for Committee work were also confirmed, ranging from SEK 200,000 to SEK 600,000 depending on the role. Non-employee Board members attending physical meetings in Sweden, Europe, or outside Europe will receive additional meeting compensation, with payments in EUR or USD for international participants. A portion of Board fees may also be paid in synthetic shares, excluding Committee and meeting fees.
Auditor Re-Election
Deloitte AB was re-elected as the company’s auditor through the next AGM in 2027. Shareholders also approved the proposed auditor fees, ensuring continuity in the company’s external audit arrangements.
Ericsson Approves Updated Long-Term Incentive Programs and Share Buyback Authorization
At its recent Annual General Meeting (AGM), Ericsson announced significant developments regarding its long-term variable compensation (LTV) programs and capital management strategy, highlighting the company's continued focus on aligning executive incentives with shareholder value.
Implementation of LTV 2026
The AGM approved the Board of Directors’ proposal to implement the Long-Term Variable Compensation Program 2026 (LTV 2026). The program is designed for the Executive Team, including the President and CEO, as well as employees classified as Executives, currently numbering around 180 individuals. Under LTV 2026, participants will be granted “Performance Share Awards” at no cost. These awards entitle participants to receive a number of B-shares following a three-year vesting period, contingent on the achievement of predefined performance conditions and continued employment.
The program encompasses up to 7.4 million B-shares, representing approximately 0.22% of the company’s total registered shares. Additionally, the Board is authorized to transfer up to 6.2 million B-shares free of charge to participants. In conjunction with the delivery of vested shares, the Board may retain and sell up to 70% of these shares on Nasdaq Stockholm to cover tax and social security liabilities. A further 1.2 million B-shares may be transferred to cover related expenses, primarily social security payments, before the AGM 2027.
Amendments to LTV 2025
The AGM also approved amendments to the existing LTV 2025 program to align it with the company’s upcoming implementation of IFRS 18, introducing a new performance measure. The revised terms allow for the transfer of up to 10.9 million B-shares to eligible employees. As with LTV 2026, the Board may sell up to 70% of vested shares to cover taxes and social contributions and transfer up to 1.8 million B-shares to cover certain costs, mainly social security obligations, prior to the AGM 2027.
Authorizations for Previous LTV Programs
To ensure continuity of the company’s incentive framework, the AGM authorized the Board to manage treasury stock related to LTV I 2023, LTV II 2023, and LTV 2024 programs. This includes the transfer of up to 3.5 million B-shares to cover social security and related expenses and the retention and sale of up to 70% of vested shares to meet tax obligations.
Share Buyback Authorization
The AGM further granted the Board the authority to repurchase the company’s B-shares on Nasdaq Stockholm, on one or more occasions, prior to the AGM 2027. The total holding of treasury stock may not exceed 10% of all outstanding shares. This measure is intended to provide the Board with greater flexibility in managing the company’s capital structure, support shareholder value, and enable share allocations for incentive programs.
Company Shares and Voting Rights
As of March 31, 2026, Ericsson had a total of 3,371,351,735 shares, comprising 261,755,983 A-shares and 3,109,595,752 B-shares, with a total of 572,715,558.2 votes. The company’s treasury stock amounted to 38,002,276 B-shares, corresponding to 3,800,227.6 votes.
These measures underline Ericsson’s commitment to linking long-term compensation to performance and ensuring robust corporate governance while maintaining flexibility in capital management.