Bulletin from AB Electrolux Annual General Meeting 2010

Bulletin from AB Electrolux Annual General Meeting 2010

The Annual General Meeting of AB Electrolux was held on Tuesday, March 30, 2010,
in Stockholm.

Marcus Wallenberg, Peggy Bruzelius, Torben Ballegaard Sørensen, Hasse Johansson,
John S. Lupo, Barbara Milian Thoralfsson, Johan Molin, Hans Stråberg and
Caroline Sundewall were re-elected to the Board of Directors. Lorna Davis was
elected new Board member. Marcus Wallenberg was re-elected Chairman of the
Board. At the statutory Board meeting following the AGM, Peggy Bruzelius was
re-elected Deputy Chairman of the Board.

PriceWaterhouseCoopers AB was re-elected Auditor for the period until the Annual
General Meeting in 2014.

The proposed dividend of SEK 4 per share was adopted. The record date was set as
April 6, 2010, and cash dividends are expected to be paid from Euroclear Sweden
on April 9, 2010.

The parent company's and the Group's income statements and balance sheets were
adopted. The Board of Directors and President were discharged from liability for
the financial year 2009.

The nomination committee process for the AGM in 2011 was decided, and is
substantially the same compared to the previous year.

The Meeting resolved to adopt the proposed renumerations to the Board, that are
the same compared to the previous year and that were communicated in the notice
convening the AGM. The proposal for remuneration guidelines for Group Management
was also approved, including the scope of and the principles for Electrolux
performance based, long-term share program for 2010.

The Meeting authorized the Board of Directors to resolve on acquisitions of
Electrolux B-shares up to a maximum amount of 10 per cent of all shares issued
by the company. The Board was also authorized to transfer own shares on account
of company acquisitions. The Group was authorized transfers of up to 3,000,000
B-shares to cover costs that may arise as a result of previous stock-option
programs for 2003 and the Electrolux Performance Share Program for 2008. The
authorizations are effective during the period up until next year's AGM.
Moreover, the Meeting decided that the Group may transfer B-shares to the
participants in the share program for 2010, according to the conditions
communicated in the notice convening the AGM. 

Full details on the proposals adopted by the AGM can be downloaded at
www.electrolux.com/agm

For further information contact Electrolux Media Hotline on +46 8 657 65 07

About the Electrolux Group Electrolux is a global leader in home appliances and
appliances for professional use, selling more than 40 million products to
customers in 150 countries every year. The company focuses on innovations that
are thoughtfully designed, based on extensive consumer insight, to meet the real
needs of consumers and professionals. Electrolux products include refrigerators,
dishwashers, washing machines, vacuum cleaners and cookers sold under esteemed
brands such as Electrolux, AEG-Electrolux, Eureka and Frigidaire. In 2009,
Electrolux had sales of SEK 109 billion and 51,000 employees. For more
information, visit www.electrolux.com/press and www.electrolux.com/news.

Electrolux may be required to disclose the information provided herein pursuant
to the Securities Market Act.