Scandinavian Tobacco Group Announces 2026 Annual General Meeting Details
Scandinavian Tobacco Group Issues Notice of Annual General Meeting; Meeting to be Held in Copenhagen on April 15, 2026, at 4:30 PM, with Webcast Available.
Key Highlights
- The Annual General Meeting of Scandinavian Tobacco Group will be held on April 15, 2026.
- Shareholders may watch the live webcast via the Investor Portal, but cannot ask questions or vote online.
- The meeting will review the audited annual report for the 2025 financial year.
- The Board of Directors proposes a dividend of DKK 4.50 per share for the 2025 financial year.
Meeting Date, Time, and Location Confirmed
March 25, 2026 — According to an announcement by Scandinavian Tobacco Group (STG). The company will convene its Annual General Meeting on April 15, 2026, at 4:30 PM at Moltkes Palæ in Copenhagen, Denmark.
Webcast Access Available with Limited Participation
The company also stated that shareholders may watch a live webcast of the meeting via the Investor Portal; however, participation via the webcast is passive, meaning shareholders cannot actively engage in the meeting, including asking questions or casting votes through this medium.
Agenda to Cover 2025 Financial Performance and Dividend Proposal
According to the meeting agenda, the General Meeting will hear the Board of Directors’ report on the company’s business activities during the previous financial year and will review the audited annual report as well as the proposed annual profit distribution plan. The Board of Directors proposes that the company distribute a dividend of DKK 4.50 per share (with a nominal value of DKK 1) for the 2025 financial year.
Shareholders to Vote on Remuneration Report
The meeting will also present the company’s Remuneration Report for a consultative vote by the shareholders.
Board Remuneration Proposal for 2026 Remains Unchanged
The Board of Directors further proposes that the remuneration for the Board for the 2026 financial year remain at the same level as in 2025. Under this proposal, the annual base remuneration for an ordinary Board member is DKK 440,000. The Chairman receives three times the base remuneration, while the Vice-Chairman receives two times the base remuneration.
Committee Compensation Structure Detailed
Regarding committee remuneration. The Chairperson of the Audit Committee receives additional compensation equivalent to 75% of their base salary, while other Audit Committee members receive 37.5%; the Chairpersons of the Remuneration Committee and the Nomination Committee each receive 50%, and other members of these committees each receive 25%. Such committee remuneration is paid separately, in addition to the base salaries of the Chairman, Vice Chairman, or ordinary Directors.
Additional Board-Related Expenses Covered by Company
The Company further stated that, in accordance with its remuneration policy, expenses related to overseas social security contributions, business travel, and other costs incurred by Board members in the performance of their duties may also be borne by the Company.
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