At the AGM, 22 April 2020, it was decided that the Nomination Committee should consist of a representative for each of the three smallest and at the most 4 of the largest shareholders in the company together with the Chairman of the Board, if he is not a member of the owner’s representative. If a shareholder does not exercise his or her right to appoint a member, then the shareholder with the next greatest number of votes has the right to appoint a member to the Nomination Committee. The names of the members, together with the names of the shareholders they represent, shall be published no later than six months before the AGM 2021 and shall be based on the known number of votes immediately before the announcement. The Nomination Committee’s mandate shall run until a new Nomination Committee has been appointed. The Chairman of the Nomination Committee shall be the Chairman of the Board.
In accordance with this, the following persons have been appointed members of the Nomination Committee prior to the 2021 Annual General Meeting: Petter Stillström (AB Traction), Richard Pantzar (Orvaus AB), Mattias Franzén (Siv Franzén) and Agne Svenberg. The Chairman of the Nomination Committee is Petter Stillström
If significant changes occur in the ownership of the company, after the Nomination Committee has been appointed, the composition of the Nomination Committee shall also be changed in accordance with the principles above. A shareholder who has appointed a representative to be a member of the Nomination Committee shall be entitled to dismiss such a member and appoint a new representative as a member of the Nomination Committee, as well as to appoint a new representative if the appointed member chooses to leave the Nomination Committee. Changes in the composition of the Nomination Committee shall be made public as soon as they have taken place.
The Nomination Committee shall prepare proposals for the following items of business to be presented for resolution at the 2021 Annual General Meeting:
• proposal for a Chairman for the Meeting
• proposal for members of the Board of Directors
• proposal for Chairman of the Board of Directors
• proposal for remuneration of the Board of Directors
• proposal for remuneration for any committee work
• proposal for auditors
• proposal for auditors’ fees
• proposal for a resolution regarding the Nomination Committee
The Nomination Committee shall discharge its duties as required by the Swedish Code of Corporate Governance and may, if necessary, take independent professional advice at the company’s expense in the furtherance of its work.
Shareholders who wish to submit proposals to the Nomination Committee can contact the Nomination Committee’s Chairman Petter Stillström tel. +46 70-747 56 61 or e-mail: [email protected]