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Active portfolio management

We continuously review the business portfolio in Sandvik to maximize shareholder value. Each unit is expected to deliver continuous improvements and to be or become No. 1 or No. 2 in its industry. Internal separation of Sandvik Materials Technology is ongoing In May 2019 we announced the

Remain relevant through change

We have a proven ability to develop new technologies and solutions in tune with our customers, enabling us to continue to adjust and benefit from long-term market trends. We continue to advance in our core areas, building on and expanding our key competences within metal cutting, mining

Strong financial performance

Our decentralized business model drives accountability and speed in operating decisions close to customers. The improved performance review system implies increased transparency. Combined this will help us achieve improved through-cycle performance. Space under sub heading Space under sub

Shareholders rewarded

Target a dividend pay-out ratio of 50% of adjusted earnings per share, through the cycle Capital policy Long-term principle for capital allocation Well invested – CAPEX to remain at about 4bn SEK annually 10-year averages: 68% dividend ratio 3% yield More about the Sandvik share DIVIDEND AND

Global No. 1 or 2

The No. 1–2 supplier in most of our businesses. High barriers to entry from leading technology position, capital intensity and materials know-how. We spend about 4% of annual revenues on R&D to secure a leading product offering. Productivity offering supports value-based pricing. We work close

Sandvik as an investment

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2020 AGM

The Annual General Meeting of Sandvik AB will be held on Tuesday, 28 April 2020 at 3:00 p.m. in Sandviken, Sweden. Registration will begin at 2:00 p.m. HL: Corona info AGM Space under sub heading Notice Notice Annual General Meeting 2020.PDF (PDF document, 245 kB) Notice of participation and

Instruction to the Nomination Committee

The Company is to have a Nomination Committee comprised of one representative from each of the four largest shareholders in terms of votes and the Chairman of the Board of Directors (convener). The Nomination Committee has, in addition, the possibility to call in one co-opted member to the

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