The Nomination Committee is a body established by the Annual General Meeting with the task of preparing the election of Board members, the Chairman of the Board, and remunerations to Board members and Board committees.
Before each Annual General Meeting, where the election of auditors takes place, the Nomination Committee also prepares motions regarding the election of auditors and decisions about fees to auditors and other related matters, following consultation with the Board of Directors and the Audit Committee.
Instructions for appointment of the Nomination Committee and its assignment
The Annual General Meeting 2018 resolved on the following instruction for the Nomination Committee, which applies until further notice.
The Nomination Committee shall be composed of representatives of the five largest shareholders in terms of voting rights registered in the shareholders' register maintained by Euroclear Sweden AB as of August 31 the year before the Annual General Meeting. The Chairman of the Board shall convene the Nomination Committee to its first meeting and shall also be co-opted to the Nomination Committee. Should a shareholder decline to participate in the Nomination Committee, a representative from the largest shareholder in turn shall be appointed. The composition of the Nomination Committee for the Annual General Meeting shall be publicly announced no later than six months prior to each Annual General Meeting.
In the event one or more shareholders who appointed members of the Nomination Committee, earlier than three months prior to the Annual General Meeting, no longer are among the five largest shareholders in terms of voting rights, the members appointed by such shareholders shall resign and the shareholder or shareholders who has become one of the five largest shareholders in terms of voting rights shall be entitled to appoint their representatives. If there are only marginal changes in the number of votes held or if the change occurs later than three months prior to the Annual General Meeting, no changes shall be made in the composition of the Nomination Committee unless there are special circumstances. If a member resigns from the Nomination Committee before the work is completed and the Nomination Committee finds it suitable, a substitute shall be appointed. Such a substitute shall be appointed from the same shareholder or, if that shareholder no longer is among the largest shareholders in terms of voting rights, from the largest shareholder next in line. A change in the composition of the Nomination Committee shall immediately be publicly announced.
The term of office for the Nomination Committee runs until the next composition of the Nomination Committee has been announced. No remuneration shall be paid out to the members of the Nomination Committee. Potential necessary expenses for the work of the Nomination Committee shall be paid by the company.
The Nomination Committee shall prepare proposals regarding the election of Chairman of the General Meeting, members of the Board of Directors, Chairman of the Board, vice Chairman of the Board, auditor, fees for the members of the Board including division between the Chairman and the other Board members, as well as fees for committee work, fees to the company's auditor and changes of the instructions for the Nomination Committee.
This instruction shall apply until further notice.
Nomination Committee prior to the Annual General Meeting 2021
The Nomination Committee comprises Johan Hjertonsson, appointed by Investment AB Latour; Mikael Ekdahl, appointed by Melker Schörling AB; Maria Nordqvist, appointed by Lannebo Fonder; Niklas Ringby, appointed by EQT Public Value; and Simon Blecher, appointed by Carnegie Fonder. Johan Hjertonsson has replaced Jan Svensson as a representative of Investment AB Latour and was appointed Committee Chair by the members of the Committee on 5 February 2021.
Archive previous Nomination Committees:
Nomination Committee prior to AGM 2020
Nomination Committee prior to AGM 2019
Nomination Committee prior to AGM 2018
Nomination Committee prior to AGM 2017
Nomination Committee prior to AGM 2016
Nomination Committee prior to AGM 2015
Nomination Committee prior to AGM 2014
Nomination Committee prior to AGM 2013
Nomination Committee prior to AGM 2012