BRISBANE, Australia, March 26, 2025 /PRNewswire/ — Trade Ledger, a global leader in digital lending technology, and Bank of Queensland Group (BOQ) have entered a groundbreaking long-term partnership to revolutionize asset finance lending for small and medium-sized enterprises (SMEs) and corporate clients serviced by the Group’s Finance division.

This landmark collaboration will modernize BOQ’s asset finance lending ecosystem, delivering faster, seamless, and highly accessible financial solutions tailored to Australian businesses.

The partnership begins with replacing BOQ’s legacy systems, digitizing the asset finance lending process, and streamlining operations to improve efficiency, broker and customer experiences. The new technology will deliver a streamlined digital experience for third-party introducers.

Powered by Trade Ledger and Microsoft’s advanced AI platforms, the partnership creates a banking industry-first, hyper-automated IT infrastructure for initially the asset finance domain.

Craig Ryman, Chief Information Officer, BOQ, stated that “the outcomes of our partnership with Trade Ledger will signify a major leap forward in delivering agile and customer-focused asset finance solutions. With Microsoft’s technology as the backbone, we’re now positioned to create a fully digitized asset finance lending solution.”

Martin McCann, CEO of Trade Ledger, added: “Together with BOQ, we’re setting a new standard for asset finance lending by accelerating credit decisions and driving economic growth for SMEs. This is more than modernization – it’s a step in the reimagination of SME asset finance lending in Australia, led by BOQ Finance.”

Asset Finance is integral to BOQ Finance’s business strategy. As a specialist asset finance provider in Australia, BOQ Finance plays a pivotal role in meeting the financial needs of SMEs and corporate clients. Investing in this sector and maintaining a market-leading offering is essential to our success.

About Trade Ledger

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Founded in 2016, Trade Ledger helps the financial services sector reimagine complex business finance for SMEs and mid-market corporates in the digital economy.

The next-generation working capital platform supports all secured and unsecured business lending products, transforming data sources from the supply chain into actionable insights and tasks. This enables the right lending products to be created and offered at the right time, over the right channel, quickly, at low risk. Its clients boost profitability, realising on average a 60% origination cost reduction, 50% reduction in dropouts, and loan book growth potential of over 100% with embedded lending capabilities.

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PARIS, March 25, 2025 /PRNewswire/ — Businesses are rapidly adopting stablecoins and crypto for payments. Request Finance has now processed over $1 billion in transactions, proving that demand for secure, compliant finance solutions is stronger than ever. To drive its next phase of growth, the company has also secured new strategic funding, backed by Bpifrance (the French sovereign investment bank), alongside continued support from leading investors such as Balderton and Xange, as well as key clients.

Powering the Future of Crypto & Fiat Finance

Request Finance has become the go-to platform for managing stablecoins, crypto, and fiat payments. The software enables businesses to send, receive, and track transactions securely and compliantly. Industry leaders like The Sandbox, OpenZeppelin, Arbitrum, Bonk, and Beam rely on Request Finance to manage accounts payable, receivable, and on-chain accounting.

“With over $1 billion in bill payments processed, we’re proving that crypto, especially stablecoins, is no longer just an alternative. It’s becoming the backbone of global business finance,” said Christophe Lassuyt, CEO of Request Finance. “This milestone, combined with our latest funding, allows us to double down on product innovation, compliance, and partnerships, making crypto payments safer, easier, and more scalable than ever.”

Strategic Growth: Acquisitions & Compliance Leadership

Request Finance continues to expand its capabilities through strategic acquisitions. The recent acquisition of Consola Finance (now Request Accounting) strengthens its crypto accounting suite; while the acquisition of Pay.so (Now Request Technologies) makes on and off-ramping a breeze, ensuring businesses can move seamlessly between crypto and fiat.

The company is also advancing its compliance efforts in preparation for MiCA (Markets in Crypto-Assets) regulation, reinforcing its role as a trusted, regulatory-compliant solution for crypto finance across Europe and beyond.

A Defining Moment for Crypto Payments

With a record-breaking $1 billion in payments, new funding, and strategic acquisitions, Request Finance is accelerating the mainstream adoption of crypto for global business operations. Request Finance is a trusted leader as more enterprises seek secure, scalable, and compliant ways to integrate stablecoins into their finance operations.

For more information, visit request.finance.

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About Request Finance

Request Finance is the leading all-in-one platform for managing crypto and fiat operations. It provides businesses with a secure, compliant, automated invoicing, bill payments, and crypto accounting solution. Hundreds of companies rely on Request Finance to process over $1 billion in transactions, ensuring regulatory compliance while streamlining their financial operations.

Website: request.finance

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STOCKHOLM, March 25, 2025 /PRNewswire/ — Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) (the “Company”) held its Annual General Meeting (“AGM”) today on March 25, 2025 in Kista, Stockholm. Shareholders were also able to exercise their voting rights by post before the meeting.

Adoption of the Income Statements and the Balance Sheets

The AGM resolved to adopt the Income Statement and the Balance Sheet for the Company as well as the Consolidated Income Statement and the Consolidated Balance Sheet for the Group for 2024.

Dividend

The proposed dividend of SEK 2.85 per share was approved by the AGM. The dividend will be paid in two installments: SEK 1.43 per share with the record date Thursday, March 27, 2025, and SEK 1.42 per share with the record date Monday, September 29, 2025. Euroclear Sweden AB is expected to disburse SEK 1.43 per share on Tuesday, April 1, 2025, and SEK 1.42 per share on Thursday, October 2, 2025.

Remuneration report

The AGM resolved to adopt the Board of Directors’ remuneration report for 2024.

Discharge from liability

The members of the Board and the President were discharged from liability for the financial year 2024.

Board of Directors

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The AGM elected Board members in accordance with the proposal of the Nomination Committee. Jan Carlson was re-elected as Chair of the Board and Jon Fredrik Baksaas, Börje Ekholm, Eric A. Elzvik, Kristin S. Rinne, Jonas Synnergren, Jacob Wallenberg, Christy Wyatt and Karl Åberg were re-elected as Board members. Christian Cederholm and Marachel Knight were elected as new Board members. It was also noted that the unions have appointed Ulf Rosberg, Annika Salomonsson and Kjell-Åke Soting as employee representatives in the Board of Directors with Frans Frejdestedt, Loredana Roslund and Stefan Wänstedt as deputies.

Board of Directors’ Fees

The AGM resolved on fees to the Board of Directors, in accordance with the Nomination Committee’s proposal, entailing a yearly fee of SEK 5,000,000 to the Chair of the Board, and fees of SEK 1,300,000 to each of the other non-employee members of the Board, elected by the AGM. Fees for Committee work to non-employee members of the Committees, elected by the AGM, were approved as follows: SEK 560,000 to the Chair of the Audit and Compliance Committee and SEK 320,000 to each of the other members of the Audit and Compliance Committee, SEK 235,000 to the Chair of the Enterprise Business and Technology Committee and SEK 205,000 to each of the other members of the Enterprise Business and Technology Committee, SEK 225,000 to each of the Chairs of the Finance Committee and the Remuneration Committee, and SEK 200,000 to each of the other members of the Finance Committee and the Remuneration Committee.

The AGM approved the Nomination Committee’s proposal that part of the fees to the members of the Board, in respect of their Board assignment (excluding fees for Committee work), may be paid in the form of synthetic shares.

In addition to the fees described above, the AGM resolved, in accordance with the Nomination Committee’s proposal, that additional compensation be paid to non-employee Board members elected by the AGM for each physical Board meeting attended in Sweden as follows:

Residence of Board member	Compensation per meeting
Nordic Countries	Advertisement        None
Europe (non-Nordic)	EUR 2,000
Outside of Europe	USD 5,000

Auditor

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The AGM re-elected Deloitte AB as auditor for the period up until the end of the AGM 2026 and approved the Nomination Committee’s proposal for the auditor fees.

Long-Term Variable Compensation Programs

Long-Term Variable Compensation Program 2025 (LTV 2025)

The AGM resolved to approve the Board of Directors’ proposal on:

• implementation of LTV 2025 for the Executive Team, including the President and CEO, and for employees classified as Executives, (currently approximately 200 employees), comprising a maximum of 12.7 million B-shares in Ericsson. “Performance Share Awards” will be granted free of charge entitling the participant to receive a number of shares, free of charge, following the expiration of a three-year vesting period, provided that certain performance conditions are met and that the participant retains his or her employment. The 12.7 million B-shares covered by LTV 2025 correspond to approximately 0.38 percent of the total number of registered shares of the Company;

• a directed issue of 12.7 million C-shares to Skandinaviska Enskilda Banken AB (“SEB”), or subsidiaries of SEB, at a subscription price corresponding to the quota value of the share (approximately SEK 5);

• authorization for the Board of Directors to, prior to the AGM 2026, resolve on an acquisition offer regarding the 12.7 million C-shares at a price per share corresponding to the quota value of the share; following the acquisition, the C-shares will, in accordance with the articles of association, be converted into B-shares, which thereafter can be transferred to employees and on an exchange;

• transfer of no more than 10.9 million B-shares, free of consideration, to employees covered by the terms of LTV 2025, with an authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under LTV 2025, prior to the AGM 2026, retain and sell no more than 70% of the vested B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, 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; and

• transfer of no more than 1.8 million B-shares on Nasdaq Stockholm, prior to the AGM 2026, at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security payments.

Addition to the terms of the Long-Term Variable Compensation Programs LTV I 2023, LTV II 2023 and LTV 2024

The AGM resolved to approve the Board of Directors’ proposal on an addition to the terms of LTV I 2023, LTV II 2023, and LTV 2024 to ensure compliance as required. The addition shall be included as a new final paragraph under “Allocation of shares” in the respective program.

Transfer of treasury stock to employees and on an exchange, directed share issue and acquisition offer for the previously resolved LTV program 2024 (LTV 2024)

The AGM resolved to approve the Board of Directors’ proposal on:

• a directed issue of 10.4 million C-shares to SEB, or subsidiaries of SEB, at a subscription price corresponding to the quota value of the share (approximately SEK 5);
• authorization for the Board of Directors to, prior to the AGM 2026, resolve on an acquisition offer regarding the 10.4 million C-shares at a price per share corresponding to the quota value of the share; following the acquisition, the C-shares will, in accordance with the articles of association, be converted into B-shares, which thereafter can be transferred to employees and on an exchange;
• transfer of no more than 8.6 million B-shares, free of consideration, to employees covered by the terms of LTV 2024, with an authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under LTV 2024, prior to the AGM in 2026, retain and sell no more than 70% of the vested B-shares on Nasdaq Stockholm, at a price within the, at each time, prevailing price interval for the share, 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; and
• transfer of no more than 1.8 million B-shares on Nasdaq Stockholm, prior to the AGM 2026, at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security payments.

Transfer of treasury stock on an exchange for previously resolved LTV programs 2022, I 2023 and II 2023

The AGM resolved to approve the Board of Directors’ proposals on:

• transfer of no more than 2.2 million B-shares on Nasdaq Stockholm, prior to the AGM 2026, at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security charges, which may occur in relation to the previously resolved and ongoing LTV programs LTV 2022, LTV I 2023 and LTV II 2023; and
• authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under LTV 2022, LTV I 2023 and LTV II 2023, prior to the AGM 2026, retain and sell no more than 60% of the vested B-shares on Nasdaq Stockholm, at a price within the, at each time, prevailing price interval for the share, 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.

Proposal from a shareholder

The AGM resolved to reject the proposal from a shareholder that the AGM should resolve that Ericsson implement a policy ensuring that executive bonuses are disbursed only after all employees have received cost-of-living and performance based salary increases each year.

Shares and votes

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There are in total 3,348,251,735 shares in the Company; 261,755,983 A-shares and 3,086,495,752 B-shares, corresponding to in total 570,405,558.2 votes. The Company’s holding of treasury stock as of March 25, 2025, amounts to 15,579,561 B-shares, corresponding to 1,557,956.1 votes.

NOTES TO EDITORS:

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[email protected]  (+46 10 719 69 92)
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FOR FURTHER INFORMATION, PLEASE CONTACT:

Contact person
Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: [email protected]

Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: [email protected]

Alan Ganson, Director, Investor Relations
Phone: +46 70 267 27 30
E-mail: [email protected]

Media

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Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: [email protected] 

Media Relations
Phone: +46 10 719 69 92
E-mail: [email protected]

ABOUT ERICSSON:
Ericsson’s high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

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