The Nomination Committee’s assignment shall be to present propsals prior to the Annual General Meeting on the number of board members, the composition of the Board, the Chairman of the Board, directors’ fees, any fees for committee work, election of the auditor and auditors’ fees a person to serve as chairman of the Annual General Meeting. The Nomination Committee shall also submit recommendations to the Annual General Meeting for the process for establishment of the following year’s nomination committee. The Nomination Committee’s recommendations shall be presented in the official notice of the Annual General Meeting and on the Company’s website.
Further information on the work of the Nomination Committee is found in the Corporate Governance Report.
The Chairman of the Board of Directors shall contact the four largest shareholders based on Euroclear Sweden AB´s list of registered shareholders per the last bank day in August. Each of the four largest shareholders shall be offered the possibility to appoint a representative to constitute the Nomination Committee together with the Chairman of the Board of Directors until such time as a new nomination committee has been appointed. If any of these shareholders decides to refrain from its right to appoint a representative, the right passes to the shareholder that after these shareholders has the largest shareholding. Unless the members agree otherwise, the Chairman of the Nomination Committee shall be the member who represents the largest shareholder in terms of voting rights. However, the Chairman of the Board of Directors may not be the Chairman of the Nomination Committee. No fees shall be paid to the members of the Nomination Committee.
For further details on the procedures on how the Nomination Committee shall be established, see the Nomination Committee's Recommendations, Report and Reasoned statement to the AGM 2016.
The Nomination Committee for the AGM 2016:
The Nomination Committee for the AGM 2017:
Shareholders wishing to make proposals to the nomination committee can do so by sending an email to firstname.lastname@example.org no later than March 14, 2017.