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’ Annual General Meeting 2020 appointed

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

As of 31 August 2019, Gränges’ three largest shareholders were The Fourth Swedish National Pension Fund (AP4), AFA Insurance and Swedbank Robur investment funds, which have been invited to nominate candidates for the Nomination Committee. The Nomination Committee for the 2020 Annual General Meeting has the following members: Jannis Kitsakis (AP4), Anders Algotsson (AFA Insurance), Lennart Francke (Swedbank Robur investment funds) and Anders G. Carlberg (Chairman of the Board of Gränges). The Chairman of the Nomination Committee is Jannis Kitsakis.

Shareholders have been able to submit proposals and comments to the Nomination Committee until 31 January 2020. The Nomination Committee’s proposals are published at the latest through the notice convening the AGM. In connection with the notice, the Nomination Committee publishes a motivated statement on the company’s website that supports its proposals to the Board and a report on how the Nomination Committee’s work has been conducted.

Gränges' Annual General Meeting 2020 postponed

Considering the health and safety of our shareholders and employees, and that Gränges wants to contribute to reducing concerns and spread of infection of the coronavirus, the Board has decided not to hold the Annual General Meeting on May 7, 2020, which was previously communicated. The Annual General Meeting will be held at a later date, but no later than 30 June, 2020 in accordance with current legislation. Gränges will publish a notice to the Annual General Meeting no later than four weeks before and no earlier than six weeks before the meeting.

For further information:

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

Gränges AB
Box 5505
SE-114 85 Stockholm