Nomination committee
The work of the Nomination Committee is regulated by the instruction adopted by the General Meeting and; in addition to the Chairman of the Board, it consists of three representatives of the largest shareholders or shareholder groups according to ownership statistics obtained directly or indirectly from Euroclear Sweden AB (“the Ownership Statistics”) as of the last banking day in August.
The instructions for the work of the Committee have been made available in both the minutes from the AGM of 22 May 2024 and separately on the company’s website. The composition of the Nomination Committee, together with the contact details to facilitate shareholder contact with the Committee, are made available on the company’s website for at least six months before the AGM.
The task of the Nomination Committee is to evaluate the current Board of Directors as well as to evaluate proposals submitted for new Board members; this is to ensure that the Board has the appropriate competence, experience and background. The proposals from the Nomination Committee for the Board of Directors and for the Chairman of the Board must be submitted to the owners in connection with publication of the notice to attend the AGM. In addition to proposals for the Board of Directors and Chairman, the Nomination Committee will submit proposals for the following:
- the chairman of the meeting
- the number of Board members and deputies
- fees for Board members and to members of any committees
- the number of auditors and deputy auditors
- auditors
- fees for auditors
The Nomination Committee will, where necessary, also submit proposals for changes in the instruction to the Committee.