Composition of the Nomination Committee
The Annual General Meeting held on 6 May 2013 resolved on an instruction, effective until further notice, for the Nomination Committee in Indutrade AB (publ), which entails that the Nomination Committee shall be composed of representatives of each of the four largest shareholders in terms of votes held as per the last trading day in August each year, together with the Chair of the Board of Directors. The representative of the largest shareholder shall chair the Nomination Committee.
In accordance with this, a Nomination Committee was appointed on 24 September 2019, prior to the Annual General Meeting 2020, composed of Claes Boustedt, as Chair of the Nomination Committee (L E Lundbergföretagen), Katarina Martinson, Chair of Indutrade Aktiebolag, Henrik Didner (Didner & Gerge Funds), Dick Bergqvist (AMF and AMF Funds), and Bo Selling (Alecta Pension Insurance).
The work beforE the 2020 AGM
The Nomination Committee has held three meetings, at which minutes were taken, prior to the Annual General Meeting 2020. The Nomination Committee has also been in continuous contact in addition to the meetings. In its nomination work, the Nomination Committee has considered, among other things, the Company’s business and future direction, as well as the requirements the Company’s strategic development, international operations as well as governance and control place on the Board of Directors’ qualifications and composition.
Further, the Nomination Committee has applied rule 4.1 of the Swedish Code of Corporate Governance as diversity policy. The proposal for the Board of Directors has been prepared balancing the Code’s requirements on diversity, breadth and strive for gender balance as well as the need for continuity within the work of the Board of Directors.
The assessment regarding the work of the Board of Directors, which the Nomination Committee has reviewed, shows that the current Board of Directors represents a broad range of competencies which includes solid industrial and financial knowledge as well as knowledge about international conditions and markets. The members have displayed great commitment and the rate of attendance is high. Consequently, the Nomination Committee has found that the work of the Board of Directors has been well-functioning.
The Committee's proposals for the 2020 AGM
The Nomination Committee proposes that Katarina Martinson be elected as Chairman of the Board at the 2020 Annual General Meeting. The Committee also proposes the re-election of directors Susanna Campbell, Bengt Kjell, Ulf Lundahl, Krister Mellvé, Lars Pettersson, Anders Jernhall and Bo Annvik. The Nomination Committee’s proposal entails that the number of directors during the coming mandate period will be unchanged at eight.
Contact the Nomination Committee
Shareholders who wish to submit proposals to the Nomination Committee may do so in writing by e-mail to email@example.com or by mail to Indutrade’s postal address.
To enable their consideration in a constructive manner, proposals should be submitted to the Nomination Committee by no later than December 31.