FLSmidth:

Core Viewpoint - FLSmidth & Co. A/S is undergoing a significant transformation in its Board composition and strategic direction, focusing on growth in the mining industry following a successful operational restructuring [1][2][5]. Group 1: Board Changes - The company announced proposed changes to the Board composition ahead of the Annual General Meeting on 24 March 2026, including the Chair position [1]. - Chair Mads Nipper, Vice Chair Christian Bruch, and Board member Thrasyvoulos Moraitis will not seek re-election, reflecting the company's smaller and more focused structure [3]. - Lene Skole is proposed as the new Chair, bringing significant financial and strategic experience, while other members, including Rune Wichmann as proposed Vice Chair, will seek re-election [4]. Group 2: Strategic Transformation - FLSmidth has divested its Cement business and is now a pure-play supplier of technologies and services to the global mining industry, resulting in a more profitable company [1]. - The appointment of Toni Laaksonen as CEO aims to accelerate growth and further develop customer offerings, with plans for the next strategic phase to be revealed later this year [2]. - The company emphasizes its commitment to sustainability, aiming for zero emissions in mining by 2030 under its MissionZero initiative [7].