18.2 Authorization to decide on transfer of treasury stock on an exchange to cover costs for tax and
social security liabilities for the Participants
Previous AGMs have resolved to secure the delivery of Performance Shares in relation to the Programs
through transfer of in total no more than 8 million shares of series B in the Company to Participants and subsidiaries within the Ericsson Group.
The Board of Directors proposes that the AGM authorize the Board of Directors to decide to, in conjunction with the delivery of vested shares under the
Programs, prior to the AGM in 2025, retain and sell no more than 60% of the vested shares of series B in the Company in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the Participants in
relation to the Performance Share Awards for remittance to revenue authorities. Transfer of the shares shall be effected on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share as disseminated by Nasdaq
Stockholm. These shares form a part of the final number of vested shares to the employees under the Programs and do not incur additional costs to the Programs for the Company.
Majority rules
The resolutions of the AGM on transfer of
treasury stock on an exchange according to each of items 18.1 and 18.2 requires that shareholders representing at least two-thirds of the votes cast as well as the shares represented at the AGM approve
the proposals.
Shares and votes
There are in total 3,344,151,735 shares
in the Company: 261,755,983 shares of series A and 3,082,395,752 shares of series B, corresponding to in total 569,995,558.2 votes. The Companys holding of treasury stock as of February 27, 2024, amounts to 12,544,543 shares of series B,
corresponding to 1,254,454.3 votes.
Shareholders right to receive information at the AGM
The Board of Directors and the President and CEO shall, if any shareholder so requests and the Board of Directors believes that it can be done without material
harm to the Company, provide information regarding circumstances that may affect the assessment of an item on the agenda and circumstances that may affect the assessment of the Companys or its subsidiaries financial situation and the
Companys relation to other companies within the Group.
Documents
The form of power of attorney, the postal voting form and the complete proposals of the Nomination Committee with respect to items 1, and 9-15 above, including a description of the work of the Nomination Committee and Exhibit 1 and 2 to the Nomination Committees proposals, are available at the Companys website www.ericsson.com. In
respect of all other items, complete proposals are provided under the respective item in the notice. The documents will be sent upon request to shareholders providing their address to the Company.