AB Electrolux Forms Nomination Committee for 2025 Meeting
Nomination Committee Established for Upcoming General Meeting
The members of the Nomination Committee for AB Electrolux have been officially appointed for the Annual General Meeting (AGM) set for 2025. This committee plays a crucial role in shaping the leadership of the company by evaluating and proposing qualified candidates for key positions.
Composition of the Nomination Committee
According to the guidelines set by company policies, the Nomination Committee will consist of five members. Each of the four major shareholders, who hold significant voting rights and want to participate, will select one representative. Additionally, the Chairman of the AB Electrolux Board will also be part of the committee to ensure comprehensive representation.
The current ownership structure has led to the appointment of Christian Cederholm from Investor AB as the Chairman of the Nomination Committee. Joining him are members Marianne Nilsson from Swedbank Robur Funds, Anders Hansson from AMF Tjänstepension och Fonder, and Carina Silberg from Alecta. The committee also includes Torbjörn Lööf, the Chairman of AB Electrolux.
Responsibilities of the Nomination Committee
This committee has an important mandate to prepare proposals for the AGM in 2025. Their responsibilities include recommending candidates for the Chairman of the Meeting, Board members, and the Chairman of the Board. They will also suggest remuneration packages for Board members, appoint Auditors, and set the fees for those Auditors. If necessary, they may propose amendments to the existing instructions guiding the Nomination Committee’s operations.
Shareholder Participation Encouraged
AB Electrolux invites shareholders to engage with the Nomination Committee by submitting any proposals they may have. This initiative aims to include diverse perspectives and insights as part of the decision-making process. Shareholders interested in contributing can reach out via the designated contact.
Summary of Key Dates and Participants
The Annual General Meeting is scheduled to occur in 2025, specifically on March 26. This event will take place in Stockholm, where shareholders will come together to review the actions of the board and make decisions regarding the future of AB Electrolux.
Electrolux remains committed to transparency and shareholder engagement. The company is focused on fostering a strong governance framework and enhancing overall corporate performance.
Contact Information
For additional details, Oscar Stjerngren, head of Investor Relations, is available at +46 70 879 87 69. Paul Palmstedt, who leads the Electrolux Group Press Hotline, can be reached at +46 8 657 65 07, providing a reliable point of inquiry for both investors and the media.
Frequently Asked Questions
What is the role of the Nomination Committee?
The Nomination Committee is responsible for proposing candidates for key leadership positions and setting remuneration packages for Board members.
Who are the members of the 2025 Nomination Committee?
The committee includes representatives from major shareholders, along with the Chairman of AB Electrolux.
When will the Annual General Meeting be held?
The AGM is scheduled for March 26, 2025, in Stockholm.
How can shareholders participate in the nomination process?
Shareholders can submit their proposals to the Nomination Committee via email.
Who can I contact for more information?
Oscar Stjerngren (Investor Relations) and Paul Palmstedt (Press Hotline) are the contacts for more information regarding the Nomination Committee and AGM.
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