Nomination Committee

The Nomination Committee represents Gränges’ shareholders. It proposes to the Annual General Meeting nominations for Chairman and members of the Board, auditor and auditor’s fees, as well as fees for board and committee work. In addition, the Nomination Committee shall submit proposals for Nomination Committee instructions if required.

According to the Swedish Code of Corporate Governance the composition of the Nomination Committee shall be announced no later than six months prior to the Annual General Meeting (AGM).

The Nomination Committee’s proposals shall be presented in the notice of the Annual General Meeting and on the company’s website. When the notice of the Annual General Meeting is published, the Nomination Committee shall publish a motivated statement regarding its proposed members of the board on the company’s website. At the Annual General Meeting where the election of board members and/or auditors takes place, the Nomination Committee shall provide an account of how its work was conducted and present and motivate its proposals.

The Nomination Committee for Gränges’ AGM 2021 appointed

The Nomination Committee shall consist of representatives from the three largest shareholders and the Chairman of the Board.

As of 31 August 2020, Gränges’ three largest shareholders were The Fourth Swedish National Pension Fund (AP4), AFA Insurance and Handelsbanken Funds, which have been invited to nominate candidates for the Nomination Committee. The Nomination Committee for the 2021 Annual General Meeting has the following members: Jannis Kitsakis (AP4), Anders Algotsson (AFA Insurance), Niklas Johansson (Handelsbanken Funds) and Fredrik Arp (Chairman of the Board of Gränges). The Chairman of the Nomination Committee is Jannis Kitsakis.

Shareholders who have proposals relating to the work of the Nomination Committee should submit these to the secretary of the Nomination Committee, who is also Gränges’ General Counsel, Niclas Nelson. To enable the Nomination Committee to examine proposals received with sufficient care, these should be submitted no later than 31 January 2021.

The information above about the appointment of the Nomination Committee was published via press release and on Gränges’ website on 23 September 2020.

Gränges’ Annual General Meeting (AGM) 2021 will be held on Thursday 6 May 2021. Due to the extraordinary situation as a result of COVID-19, the AGM 2021 will be held in a different way than usually. In order to reduce the risk of spread of infection and having regard to the authorities’ regulations and advice on avoiding public gatherings, the AGM will be carried out through advance voting (postal voting). No meeting with the possibility to attend in person or to be represented by a proxy will take place, i.e. the AGM will be held without physical presence.

Instructions for the nomination committee

For further information:

Niclas Nelson
General Counsel
Phone: +46 8 459 59 00

Gränges AB
Box 5505
SE-114 85 Stockholm