Nomination committee

The extraordinary general meeting held on 21 october 2014 resolved to establish a nomination committee and to adopt rules of procedures for the nomination committee.

According to the rules of procedures for the nomination committee, the main rule is that the nomination committee shall consist of four members, representing each of the four largest shareholders. The rules of procedures for the nomination committee comply with the Swedish Corporate Governance code with respect to the appointment of committee members. The members of the nomination committee shall be announced no later than six months prior to the annual general meeting.

With respect to the annual general meeting 2015, the members of the committee shall be announced as soon as possible after 31 December 2014 but no later than three months prior to the annual general meeting 2015.

The members of the nomination committee shall, in connection with their assignment, accomplish their duties in accordance with the Swedish Corporate Governance code. The nomination committee’s main duties are to propose candidates for the post of chairman and other members of the board of directors, as well as fees and other remuneration to each member of the board of directors. The nomination committee is also to make proposals on the election and remuneration of the statutory auditor.

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