Click to enlarge.
AB Volvo held its Annual General Meeting today in Göteborg, Sweden. The Board adopted the income statement and balance sheet, as well as the consolidated income statement and the consolidated balance sheet. In accordance with the Board’s proposal, the Meeting resolved that an ordinary dividend of SEK 8.50 per share and an extraordinary dividend of SEK 4.50 per share should be paid to the shareholders – 10 April 2026 is the record date for the right to receive dividends.*
The Annual General Meeting resolved to not approve shareholder Kapitalforeningen MP Invest’s proposal that AB Volvo report on the alignment of their lobbying efforts with the 1.5°C Paris Agreement goal.[Whether this is insular and arrogant or appropriate is a matter of debate – AutoCrat.]**
Click to enlarge.
The Board members, the deputy Board members and the President and CEO were discharged from liability for their administration during the 2025 fiscal year. Bo Annvik, Pär Boman, Jan Carlson, Eric Elzvik, Martha Finn Brooks, Kurt Jofs, Martin Lundstedt, Kathryn V. Marinello, Martina Merz and Helena Stjernholm were re-elected as members of the Board. Pär Boman was re-elected as Chairman of the Board.
Individual fees payable to the Board and Committee members, with the exception of the President and CEO as well as possible employee representatives, were adopted as follows. The Chairman of the Board was awarded SEK 4,430,000 and each of the other members SEK 1,330,000. Further, the Chairman of the Audit Committee was awarded SEK 700,000, the other members of the Audit Committee SEK 370,000 each and the Chairman of the Remuneration Committee was awarded SEK 190,000 and the other members of the Remuneration Committee SEK 140,000 each. In addition, the Chairman of the Transformation Committee was awarded SEK 360,000 and the other members of the Transformation Committee SEK 230,000 each.
The auditing firm Deloitte AB was re-elected as auditor for the period until the close of the Annual General Meeting 2027, in accordance with the Election Committee’s proposal and the Board’s and the Audit Committee’s recommendation. Fredrik Persson (AB Industrivärden), Dick Bergqvist (AMF and AMF Funds), Carina Silberg (Alecta), Anders Algotsson (AFA Insurance) and the Chairman of the Board were elected members of the Election Committee. The Meeting resolved that no fees shall be paid to the members of the Election Committee.
*Volvo Group (AB Volvo) is a Swedish manufacturer of commercial vehicles, construction equipment, and engines, headquartered in Gothenburg. Brands include Volvo Trucks, Renault Trucks, Mack Trucks, Prevost, Nova Bus, Volvo Construction Equipment, and Volvo Penta. It operates separately from Volvo Cars, which is owned by Geely. Click here for AB Volvo 2025 Annual Report.
[Volvo Cars is a subsidiary of Geely Holding (GEELY.UL), which owns ~78.7% of the company’s outstanding shares. Geely Holding, a Chinese multinational enterprise, bought Volvo from Ford Motor in 2010 after years of cultural clashes between American Ford and Swedish Volvo employees and senior managers. During 2025, Volvo Cars on average had 42,600 full-time employees and sold more than 710,000 cars. Volvo Cars’ head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars’ production plants are located in Gothenburg, Ghent (Belgium), South Carolina (US), Chengdu, which is closing, Daqing and Taizhou (China). The company also has R&D and design centers in Gothenburg and Shanghai (China). – AutoCrat.]
**AB Volvo Board of Directors’ position relating to the shareholder proposal from Kapitalforeningen MP Invest to AGM 2026. “The AB Volvo Board of Directors’ position is that the proposal from the shareholder Kapitalforeningen MP Invest to the AB Volvo Annual General Meeting 2026 should not be approved. Political engagement is considered a material topic in the Volvo Group’s sustainability reporting. Reference is made to page 183 of Volvo Group 2025 annual report, available on www.volvogroup.com, where Volvo provides the disclosures required by EU reporting rules (CSRD). In terms of climate lobbying specifically, Volvo Group also publishes a (non-exhaustive) list of memberships in trade associations, other organizations and sponsorships on www.volvogroup.com. Lobbying and other relevant activities where Volvo Group has been involved in an EU context can also be followed through the EU Transparency Register. The Board considers that the information on climate-related policy engagement thus provided by the Volvo Group is relevant and sufficient to serve as basis to assess the company. Implementing additional disclosure requirements on climate-related policy engagement in parallel with existing regulatory requirements is not something the Board would prioritize at this stage.”
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
AB Volvo Board Meeting Approves Extraordinary Dividend
Click to enlarge.
AB Volvo held its Annual General Meeting today in Göteborg, Sweden. The Board adopted the income statement and balance sheet, as well as the consolidated income statement and the consolidated balance sheet. In accordance with the Board’s proposal, the Meeting resolved that an ordinary dividend of SEK 8.50 per share and an extraordinary dividend of SEK 4.50 per share should be paid to the shareholders – 10 April 2026 is the record date for the right to receive dividends.*
The Annual General Meeting resolved to not approve shareholder Kapitalforeningen MP Invest’s proposal that AB Volvo report on the alignment of their lobbying efforts with the 1.5°C Paris Agreement goal.[Whether this is insular and arrogant or appropriate is a matter of debate – AutoCrat.]**
Click to enlarge.
The Board members, the deputy Board members and the President and CEO were discharged from liability for their administration during the 2025 fiscal year. Bo Annvik, Pär Boman, Jan Carlson, Eric Elzvik, Martha Finn Brooks, Kurt Jofs, Martin Lundstedt, Kathryn V. Marinello, Martina Merz and Helena Stjernholm were re-elected as members of the Board. Pär Boman was re-elected as Chairman of the Board.
Individual fees payable to the Board and Committee members, with the exception of the President and CEO as well as possible employee representatives, were adopted as follows. The Chairman of the Board was awarded SEK 4,430,000 and each of the other members SEK 1,330,000. Further, the Chairman of the Audit Committee was awarded SEK 700,000, the other members of the Audit Committee SEK 370,000 each and the Chairman of the Remuneration Committee was awarded SEK 190,000 and the other members of the Remuneration Committee SEK 140,000 each. In addition, the Chairman of the Transformation Committee was awarded SEK 360,000 and the other members of the Transformation Committee SEK 230,000 each.
The auditing firm Deloitte AB was re-elected as auditor for the period until the close of the Annual General Meeting 2027, in accordance with the Election Committee’s proposal and the Board’s and the Audit Committee’s recommendation. Fredrik Persson (AB Industrivärden), Dick Bergqvist (AMF and AMF Funds), Carina Silberg (Alecta), Anders Algotsson (AFA Insurance) and the Chairman of the Board were elected members of the Election Committee. The Meeting resolved that no fees shall be paid to the members of the Election Committee.
*Volvo Group (AB Volvo) is a Swedish manufacturer of commercial vehicles, construction equipment, and engines, headquartered in Gothenburg. Brands include Volvo Trucks, Renault Trucks, Mack Trucks, Prevost, Nova Bus, Volvo Construction Equipment, and Volvo Penta. It operates separately from Volvo Cars, which is owned by Geely. Click here for AB Volvo 2025 Annual Report.
[Volvo Cars is a subsidiary of Geely Holding (GEELY.UL), which owns ~78.7% of the company’s outstanding shares. Geely Holding, a Chinese multinational enterprise, bought Volvo from Ford Motor in 2010 after years of cultural clashes between American Ford and Swedish Volvo employees and senior managers. During 2025, Volvo Cars on average had 42,600 full-time employees and sold more than 710,000 cars. Volvo Cars’ head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars’ production plants are located in Gothenburg, Ghent (Belgium), South Carolina (US), Chengdu, which is closing, Daqing and Taizhou (China). The company also has R&D and design centers in Gothenburg and Shanghai (China). – AutoCrat.]
**AB Volvo Board of Directors’ position relating to the shareholder proposal from Kapitalforeningen MP Invest to AGM 2026. “The AB Volvo Board of Directors’ position is that the proposal from the shareholder Kapitalforeningen MP Invest to the AB Volvo Annual General Meeting 2026 should not be approved. Political engagement is considered a material topic in the Volvo Group’s sustainability reporting. Reference is made to page 183 of Volvo Group 2025 annual report, available on www.volvogroup.com, where Volvo provides the disclosures required by EU reporting rules (CSRD). In terms of climate lobbying specifically, Volvo Group also publishes a (non-exhaustive) list of memberships in trade associations, other organizations and sponsorships on www.volvogroup.com. Lobbying and other relevant activities where Volvo Group has been involved in an EU context can also be followed through the EU Transparency Register. The Board considers that the information on climate-related policy engagement thus provided by the Volvo Group is relevant and sufficient to serve as basis to assess the company. Implementing additional disclosure requirements on climate-related policy engagement in parallel with existing regulatory requirements is not something the Board would prioritize at this stage.”
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.