Shareholders´ Nomination Board

Shareholders at the Annual General Meeting (AGM) have established a Shareholders’ Nomination Board to exist until otherwise decided and to annually prepare proposals for the shareholders’ meeting regarding the number and election of the members of the Board of Directors, the remuneration of the Chair, Vice Chair and members of the Board of Directors as well as the remuneration of the Chairs and members of the Board committees.

The Nomination Board comprises four members: The Chair of the Board of Directors, the Vice Chair of the Board of Directors and two other members appointed by the two largest shareholders as of 31 August each year, appointing one each as set out in the Charter of the Shareholders' Nomination Board.

The Chair of the Board of Directors shall convene the Shareholders' Nomination Board, which shall at the latest on 31 January each year present its proposals to the Board of Directors. The Shareholders' Nomination Board shall appoint a Chair from among its members. The Chair may not be a member of the Board of Directors. Members of the Shareholders' Nomination Board shall not receive separate compensation.

Composition of the shareholders' nomination board

Jorma Eloranta Hans Stråberg
Chair of the Board of Directors                                                                  Vice Chair of the Board of Directors                                                      

Curricula vitae of Jorma Eloranta and Hans Stråberg, can be found here

Two members appointed by the two largest shareholders (one each):

Harri Sailas - Solidium Oy Marcus Wallenberg - FAM AB
Born 1951. Econ. Chair of the Board of Directors of Solidium Oy. Joined  Solidium in 2016. Born 1956. B.Sc. (Foreign Service). Chair of the Board of Directors of
FAM AB.

The Shareholders' Nomination Board has elected Marcus Wallenberg as its Chair.

 

Governance