Key Updates on Systemair's Nomination Committee Formation

Systemair Nomination Committee Insights

Systemair has made significant organizational strides, particularly concerning its nomination committee, which is fundamental in guiding the company's governance. As per the recent discussions among shareholders, it has been determined that the nomination committee will include representatives from three of the foremost shareholders based on their voting powers, in accordance with Euroclear Sweden AB's records.

Changes in Nomination Committee Membership

In a noteworthy update, ebm-papst AB has chosen to step down from its committee seat, opening the door for the next largest shareholder, Swedbank Robur Fonder, who has stepped in to fill the vacancy. The appointed members revamping the committee are Magnus Tell from Alecta as the Chairman, along with Gerald Engström from Färna Invest AB, and Lennart Francke representing Swedbank Robur Fonder.

Investor Engagement and Contact Information

For shareholders interested in engaging with the nomination committee, they can connect with Anders Ulff, the CFO of Systemair. Shareholders are encouraged to reach out and express their thoughts, ensuring their voices are heard in the company’s governance processes.

Upcoming Annual Meeting Details

Mark your calendars! The annual meeting will occur in late August. It's a vital event that all shareholders should attend and participate in. This meeting serves not only as a platform for company updates but also a space for shareholders to interact with the management team and discuss the company’s strategic direction.

About Systemair

Systemair stands out as a global leader in ventilation technology, with operations spanning across 51 countries in Europe, North America, and beyond. The company had a robust turnover of SEK 12.3 billion in its recent fiscal year and has continuously reported an operating profit since its inception in 1974. Nearly 6,700 employees are dedicated to ensuring Systemair remains at the forefront of sustainability and efficiency, playing a crucial role in developing energy-efficient solutions that significantly reduce carbon emissions.

Systemair's Market Presence

With a strategic focus on growth markets, Systemair has established itself as a trustworthy name within the industry. Since its shares began trading on the Nasdaq OMX Nordic Exchange in October 2007, the company has consistently demonstrated strong growth, averaging approximately 9 percent over the past decade. This upward trajectory not only solidifies its market position but also enhances shareholder value.

Systemair's Commitment to Sustainability

One of the core values that drive Systemair’s operations is its commitment to sustainability. The company is dedicated to improving the indoor climate while prioritizing environmentally friendly practices, demonstrating its responsibility towards the planet and future generations. By offering innovative and sustainable products, Systemair plays an essential role in contributing to a healthier living environment.

Frequently Asked Questions

What is the role of the nomination committee at Systemair?

The nomination committee plays a crucial role in ensuring that the shareholders' interests are represented in the company's governance, particularly in selecting board members.

Who are the current members of Systemair’s nomination committee?

The current members include Magnus Tell (Chairman from Alecta), Gerald Engström from Färna Invest AB, and Lennart Francke from Swedbank Robur Fonder.

How can shareholders reach the nomination committee?

Shareholders can contact Anders Ulff, the CFO of Systemair, to engage with the nomination committee.

When is Systemair's annual meeting scheduled?

The annual meeting is set to take place in late August, where shareholders are encouraged to participate actively.

What are Systemair's primary business sectors?

Systemair operates in the ventilation industry, focusing on providing sustainable and energy-efficient solutions across multiple global markets.

About The Author

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