The Nomination Committee's duties for the Annual General Meeting includes the preparation and drafting of proposals regarding rules for the nomination committee, the election of members of the Board of Directors, the Chairman of the Board of Directors, election of auditor, remuneration to the Board of Directors and auditor and the Chairman of the Annual General Meeting.
The Annual General Meeting on 4 June 2020 adopted the following rules for the nomination Committee.
The Chairman of the Board, based on the ownership conditions in the Company as of September 30, 2020, shall convene a Nomination Committee consisting of one member from each of the four largest shareholders in the Company and the Chairman of the Board.
If one of the four largest shareholders chooses to waive their right to appoint a member to the Nomination Committee, the right passes to the shareholder who, after these four shareholders, has the largest shareholding in the company.
If any of the shareholders who appointed a member of the Nomination Committee sells a significant part of their shareholding during the Nomination Committee's term or for any other reason ceases to be a major shareholder with the right to appoint a member of the Nomination Committee, the member appointed by the shareholder shall resign from the Nomination Committee. Such a member shall, if the Nomination Committee deems it appropriate, be replaced by a member appointed by the shareholder who has instead come to belong to the four largest shareholders in the company.
If a member no longer represents the shareholder who has appointed him or her, or else leaves the Nomination Committee before its work is completed, the shareholder shall be given the opportunity to appoint a new member of the Nomination Committee.
The Nomination Committee shall fulfil the duties according to the Swedish Corporate Governance Code.
Hjalmar Winbladh, representing EQT Ventures
Marianne Nilsson, representing Swedbank Robur
Christian Rasmusson, representing both IKC Fonder and Procedural Labs AB
Johan Svanström, Chairman of the Board
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