ADR program

ADRs are a negotiable US dollar denominated certificate representing ownership of shares in a non-US company.  Ericsson’s ADRs represent Ericsson’s ordinary shares deposited with the depositary bank, to underlie such certificates and carry the rights attached to them as detailed in the Depositary Agreement. Holders of ADRs receive dividends in US dollars and have the right to vote on shareholders resolutions. The term ADR and ADS are often used interchangeably. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by US investors. 

You can buy and sell Ericsson ADRs through any broker licensed to buy and sell US securities.

If you opt to be a registered holder, you may contact Deutsche Bank, Ericsson's ADR depositary bank, at:
Deutsche Bank Trust Company Americas
c/o Equiniti Trust Company LLC
Toll-free number: +1 877 881 5969
Direct Dial: +1 718 921 8137
E-mail: adr@equiniti.com

There are 2 ways to hold ADRs. Either you hold ADRs through your usual bank or broker, in which case you are a "beneficial holder".

Alternatively, you can hold your ADRs directly through Deutsche Bank as ADR depositary, in which case you are a "registered holder". You are therefore on the company's shareholder register that is maintained by Ericsson’s ADR depositary, Deutsche Bank. Registered holders of Ericsson ADRs may hold their ADRs either physically in the form of a certificate or in uncertificated, book-entry form, evidenced by an account statement.

This is the relation between the number of ADRs and the number of ordinary shares.
Every 1 ordinary Ericsson share represents 1 Ericsson ADR.

CUSIP: 294821608
DR ISIN: US2948216088

The Depositary Bank for Ericsson's ADR program is administered by Deutsche Bank Trust Company Americas.

Deutsche Bank ADR broker services desks:
New York: +1 212 250 9100
London: +44 207 547 6500
Email: adr@db.com

For registered ADR Holders
Deutsche Bank Trust Company Americas
c/o Equiniti Trust Company LLC
Toll-free number: +1 877 881 5969
Direct Dial: +1 718 921 8137
E-mail: adr@equiniti.com

The depositary bank plays a key role in issuance and cancellation of ADRs. It also maintains the ADR holder register, distributes the dividends in US dollars and facilitates the exercise by the ADRs holders of their voting rights.

The dividend payment is subject to AGM approval in March. Dividends are paid twice a year in April and in October. The ADR payment date is typically within 5 business days of the Swedish payment date.

Dividend fee of $0.01 per ADR ($0.005 per dividend distribution, in April and October).
Annual service fee of $0.02 per ADR (in October).

Ericsson uses the fees it receives from dividends to offset, in part, the costs related to SEC registration, including Sarbanes-Oxley related expenses, stock exchange listing fees and administering the ADR facility.