Instruction for the nomination committee
According to the Code, all companies whose shares are listed on a regulated market in Sweden must have a nomination committee to prepare proposals regarding certain appointments by the general meeting. The main task of the nomination committee is to propose candidates for election to the board of directors, including the chairman of the board, and, where applicable, propose auditors for election to the general meeting. When nominating persons for election to the board of directors, the nomination committee shall determine whether the persons nominated for election are considered independent of the Company, its senior management and the major shareholders in the Company. In addition, the nomination committee shall propose a candidate for election of chairman of the general meeting. The nomination committee shall also submit proposals concerning the fees of the chairman of the board of directors, the other board members and the auditors.