At the annual general meeting of shareholders in 2007, the Chairman of the Board was given the assignment, based on ownership as of the end of September 2007, to convene an Election Committee consisting of the Chairman of the Board, as well as a representative from each of the three largest shareholders (in terms of voting rights) in the company. The composition of the Election Committee shall be made public in the interim report for the third quarter.
The Election Committee shall have the task of proposing that a new board be elected at the annual general meeting in 2008 and also propose the remuneration to be paid to the board members elected by the annual general meeting. The Election Committee shall remain intact until the next Election Committee has been appointed. In the event that one of the Election Committee members is no longer able to represent any of the largest shareholders in the company, or resigns, the Election Committee shall have the right to appoint another representative for the large shareholder to replace such member.
Based on ownership as of September 30, the following members have been appointed to the Election Committee: Dan Olofsson, Chairman of the Board, AMF Pension, represented by Mats Gullbrand, Konstantin Caliacmanis, Skandia Liv, represented by Axel Brändström.
Shareholders who would like to submit proposals to the Election Committee can do so by contacting Chairman, Dan Olofsson at: 040-665 90 00.