At the 2005 Annual General Meeting, a decision was made to establish a nomination committee. The nomination committee shall consist of between four and six ordinary members. The members shall represent the four shareholders that are largest in terms of votes and wish to participate in the nomination process. The nomination committee can appoint additional two members.
The Chair of the Board of Directors may be appointed as an additional member.
At the moment, the nomination committee consists of Daniel Kristiansson, Chair (Swedish state), Jan Andersson (Swedbank Robur Funds), Lilian Fossum Biner (Handelsbanken Fonder) and Javiera Ragnartz (SEB Funds).
The Annual General Meeting has adopted instructions for the work of the nomination committee, which includes nominating members of the Board of Directors, nominating the Chairman of the Board and, where appropriate, nominating auditor, as well as presenting proposals for remuneration to Board members. The nomination committee shall also nominate members for election to the following year's nomination committee.
All proposals made by the nomination committee shall be published in the Annual General Meeting notice.
Proposal to the Nomination committee
Anyone is welcome to send a proposal to the nomination committee. Please explain the motivation behind your recommendation. Send the proposal by clicking the following link.
Work of the nomination committee
According to the Swedish corporate governance code the nomination committee shall present a report on its work regarding its proposals to the Annual General Meeting. The nomination committee's report on its work and the motivated statement to the Annual General Meeting can be found in the document below.