SECURITAS AB Annual Report 2011

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40 Governance and management Board of Directors’ report on corporate governance and internal control Board of Directors Name Melker Schörling Carl Douglas Alf Göransson Fredrik Cappelen Marie Ehrling Position Chairman Vice Chairman Member Member Member Director of Securitas AB since 1987 and Chairman since 1993. Principal education BSc in Economics and Business Administration Deputy Director of Securitas AB since 1992 and Director since 1999. Vice Chairman since 2008. President and CEO of Securitas AB since 2007. Bachelor of Arts International BSc in Economics and Business Administration Director of Securitas AB since 2008. BSc in Business Administration Born 1947 1965 1957 1957 1955 Other board assignments Chairman of Melker Schörling AB, Hexagon AB, AAK AB and Hexpol AB. Director of Hennes & Mauritz AB. Previously President and CEO of Skanska AB 1993–1997. President and CEO of Securitas AB 1987–1992. Attendance Board meetings (10 total) Audit Committee meetings (4 total) Remuneration Committee meetings (2 total) Chairman 2 Director of ASSA ABLOY AB, Swegon AB and Investment AB Latour. Chairman of Loomis AB, Director of Hexpol AB and Axel Johnson Inc., USA. President and CEO of NCC AB 2001–2007, CEO of Svedala Industri AB 2000–2001, Business Area Manager at Cardo Rail 1998–2000 and President of Swedish Rail Systems AB in the Scancem Group 1993–1998. Chairman of Byggmax Group AB, Munksjö AB, Sanitec Oy and Dustin AB. Director of Granngården AB and within the Carnegie Holding Group. President and Group Chief Executive of Nobia 1995–2008. Marketing Director of Stora Finepaper, President of Kaukomarkkinat International Sweden and Norway and Managing Director of Kaukomarkkinat GmbH, Germany. Director of Securitas AB since 2006. BSc in Economics and Business Administration Vice Chairman of Nordea Bank AB. Director of Oriflame Cosmetic SA, Schibsted ASA, Safegate AB, Loomis AB, Axel Johnson AB, World Childhood Foundation and IVA. CEO of Telia Sonera Sverige 2003–2006, Deputy CEO of SAS AB, responsible for SAS Airlines and other executive positions at SAS, Information Secretary at the Ministry of Finance and Ministry of Education and Research and financial analyst at Fjärde AP-fonden. 10 10 10 10 10 Member 4 Chairman 4 Total fee 2 , sek 1 100 000 750 000 0 600 000 700 000 Independent to company (7 total) Independent to shareholders (4 total) Shares in Securitas: 4 500 000 Series A shares and 16 001 500 Series B shares. 3 Yes Yes No Yes Yes No No Yes Yes Yes 12 642 600 Series A shares and 29 470 000 Series B shares. 4 1 Employee representatives, appointed members of the Board of Directors at the Annual General Meeting. Deputy employee representative is Thomas Fanberg (b. 1961) who has been Deputy Director of Securitas AB since 2008. Employee Representative, Chairman of Salaried Employees’ Union local branch, Securitas Norrland. 2 Total fee includes fees for committee work. In total, SEK 450 000 was paid out for committee work, of which SEK 150 000 for Remuneration Committee work and SEK 300 000 for Audit Committee work. For more details, refer to the minutes of the AGM 2011 on Securitas’ website: www.securitas.com. Securitas Annual Report 2011 30 000 Series B shares. 4 000 Series B shares. 4 000 Series B shares. 3 Through Melker Schörling AB. 4 Via holdings by family members, Investment AB Latour Group and Förvaltnings AB Wasatornet.
Employee representatives 1 Annika Falkengren Sofia Schörling Högberg Fredrik Palmstierna Susanne Bergman Israelsson Åse Hjelm Jan Prang Member Member Member Member Member Member Director of Securitas AB since 2003. President and CEO of SEB. Director of Securitas AB since 2005. BSc in Economics BSc in Economics and Business Administration Director of Securitas AB since 1985. BSc in Economics and Business Administration, MBA Director of Securitas AB since 2004. Employee Representative, Chairman of Swedish Transport Workers’ Union local branch 19, Norra Mälardalen. Director of Securitas AB since 2008. Deputy Director of Securitas AB since 2007. Employee Representative, Chairman of Salaried Employees’ Union local branch, Securitas Stockholm. 1962 1978 1946 1958 1962 1959 Director of SEB. Member of the Supervisory Boards of Munich RE and Volkswagen AG. Several executive positions at SEB. Member 2 Director of Melker Schörling AB and EM Holding AB. Chairman of Investment AB Latour. Director of AB Fagerhult, Hultafors AB, Nobia AB and Aca demic Work AB. Director of Securitas AB since 2008. Employee Representative, Chairman of Swedish Transport Workers’ Union local branch, Securitas Göteborg. 10 9 10 10 9 9 550 000 500 000 500 000 0 0 0 7 500 Series B shares. Yes Yes Yes – – – Yes No No – – – 2 400 Series B shares. 17 200 Series B shares. All figures refer to holdings on December 31, 2011. For comparative information about remuneration to the Board of Directors and senior management, please see note 8 on pages 93–95. Governance and management Board of Directors’ report on corporate governance and internal control – 120 Series B shares. Securitas Annual Report 2011 – 41
Page 1 and 2: Annual Report 2011
Page 3 and 4: Operating income before by business
Page 5 and 6: “ Specialization rather than dive
Page 7 and 8: 2. Acquisitions Approximately half
Page 9 and 10: The key to success lies in “ work
Page 11 and 12: Knowledge Leader in Security Securi
Page 13 and 14: We specialize in customer segments
Page 16 and 17: 12 Presentation of our business Ove
Page 18 and 19: 14 Presentation of our business Sec
Page 22 and 23: 18 Presentation of our business Mob
Page 26: 22 Presentation of our business New
Page 29 and 30: · Increased use of technology. Inc
Page 31 and 32: Europe, 4-6 % market growth Growth:
Page 33 and 34: Greater customer value when investi
Page 35 and 36: A Challenging Year At year-end, the
Page 37 and 38: LARGEST SHAREHOLDERS AT DECEMBER 31
Page 39 and 40: Governance and Management
Page 41 and 42: Clear and Effective Structure for G
Page 43: The work of the Board of Directors
Page 47 and 48: Supervisory Board (Finansinspektion
Page 49 and 50: Enterprise risk management process
Page 51 and 52: all risks related to the infrastruc
Page 53 and 54: tions deemed to be risk areas, for
Page 55 and 56: Board of Directors The activities o
Page 57 and 58: income and expenses in the statemen
Page 59 and 60: Volume-related factors The first tw
Page 61: Aimé Lyagre b. 1959 Chief Operatin
Page 64 and 65: 60 The formal annual accounts and t
Page 66 and 67: 62 Annual Report Report of the Boar
Page 74 and 75: 70 Annual Report Consolidated finan
Page 80 and 81: 76 Annual Report Notes and comments
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100 Annual Report Notes and comment
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136 Annual Report Signatures of the
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140 Financial information and invit
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Securitas AB P.O. Box 12307 SE-102
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SECURITAS AB Annual Report 2011

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