Board of Directors

Nilar’s board of directors consists of six board members, including the chairman of the board, all of whom have been elected for the period up until the end of the 2023 annual general meeting. According to the Company’s articles of association, the Board of Directors shall consist of at least three and at most ten members.

Gunnar Wieslander
Chairman of the Board

Born: 1962
Board member since: 2022
Current assignments: Senior Vice President Kreab Worldwide AB.
Experience and previous positions: Naval officer, served i.a. as submarine commander and commander of the submarine flotilla. Former Secretary of State to the Prime Minister, Secretary of State to the Trade minister and CEO of Saab Kockums AB.
Education: Swedish Defence University, Spanish Defence College, Stanford Executive Program.
Holding in the Company (including related parties): Owns 1,212,000 shares in the Company. Owns no warrants in the Company.
Independent in relation to the company/major shareholders: Yes/No

Stefan De Geer
Director of the Board

Born: 1956
Board member since: 2017
Current assignments: Chairman of the Board Halmslätten Fastighets AB (publ) and PCTC Invest AB. Board member Origa Care AB (publ) and De Geer & Co AB.
Experience and previous positions: Advisor to RoosGruppen AB, former head of corporate finance at Pareto Securities Stockholm, former general counsel E. Öhman J:or AB, former partner of Gernandt & Danielsson. Completed assignments (the last five years): Board member of Oscar Properties Holding AB and United Spaces Network Offices AB. Chairman of the Board of Foundation Umeå Fastigheter AB, Fondamentor Umeå Battery AB, Fondamentor & Roosgruppen 5 Umeå AB, Fondamentor & Roosgruppen 6 Umeå AB, Fondamentor & Roosgruppen 7 Umeå AB and Wolseley Nordic Holdings AB.
Education: Law degree, Stockholm University, MCJ (Master of Comparative Jurisprudence), New York University School of Law.
Holding in the Company (including related parties): Owns 90,930 shares and 10,000 warrants of which 5,000 warrants are included in the 2017 incentive program and 5,000 warrants are 2021 incentive program which entities to subscribe for 60,000 shares in the Company.
Independent in relation to the company/major shareholders: Yes/Yes

Helena Nathhorst
Director of the Board

Born: 1967
Board member since: 2020 (June)
Current assignments: CFO Byggmax Group AB. Board member of BYGGmax AB, BYGGmax Fastighetsutveckling AB, BYGGmax Fastighets Holding AB, BYGGmax International Purchasing AB, BYGGmax property development 7 AB Nodnarc and Næstved Lavprispriser A/S. External signatory of Svea Distribution AB.
Experience and previous positions: CFO of Addnode Group and Teracom Boxer Group, M&A consultant at KPMG Advisory. Completed assignments (the last five years): Board member of Boxer TV-Access AB, Service Works Global Nordic AB, Symetri AB, TECHNIA AB and Teracom AB. Deputy member of Percensor Aktiebolag and Vikbryggan AB.
Education: Bachelor of Science in Business Economics, Uppsala University.
Holding in the Company (including related parties): Owns no shares and 4,000 warrants included in the 2021 incentive program which entities to subscribe for 24,000 shares in the Company.
Independent in relation to the company/major shareholders: Yes/Yes

Ulrika Molander
Director of the Board

Born: 1966
Board member since: 2021 (March)
Current assignments: COO in Greeniron H2 AB. Board member of Good Solutions Sweden AB.
Experience and previous positions: Group Manufacturing Director at Systemair AB, Management position in Systemair AB, CEO at BDX Företagen AB, Operations Director at Sapa Profiler AB. Completed assignments (the last five years): CEO Systemair Sverige AB.
Education: University Engineer, University of Borås, AMP INSEAD.
Holding in the Company (including related parties): Owns no shares and 2,000 warrants included in the 2021 incentive program which entities to subscribe for 12,000 shares in the Company.
Independent in relation to the company/major shareholders: Yes/Yes

Marko Allikson
Director of the Board

Born: 1971
Board member since: 2021 (June)
Current assignments: Partner in Baltic Energy Asset Management OÜ, Home of Smart Energy Baltic Energy Partners OÜ and Baltic Energy Partners OÜ.
Experience and previous positions: Member of the Supervisory Board in Baltic Energy Services OÜ/Scener OÜ. Head of operations for Gunvor International B.V. Member of the Management Board in Eesti Energia.
Education: Master of Science in Economics, Tallinn Technical University. Economics Bachelor degree, Tallinn Technical University.
Holding in the Company (including related parties): 50% of ultimate beneficiary owner of Baltic Energy Asset Management OÜ owning 836,304 shares in the Company.
Independent in relation to the company/major shareholders: Yes/Yes

Peter Wesslau
Director of the Board

Born: 1969
Board member since: 2022 (June)
Current assignments:CEO Rabbalshede Kraft AB, board member of SmartInnovation Sweden AB.
Experience and previous positions:Several Executive positions Vattenfall (1996-2019), Director of Controlling, Vattenfall Customer Services Nordic (2018-2019) Head of Offshore Portfolio and Transactions, Business Area Wind, Vattenfall (2017-2018), Project Director Danish Kriegers Flak, Business Area Wind, Vattenfall (2016-2017) Head of Commercial Implementation and Country Manager UK and Ireland, Business Unit Renewables, Region Continental/UK, Vattenfall (2014-2016).
Education: M.Sc. Economics (International trade and Economics) and M.Sc. Business Administration (Finance and Marketing, Stockholm School of Economics.
Holding in the Company (including related parties): Owns 20,000 shares in the Company. Owns no warrants in the Company.
Independent in relation to the company/major shareholders: Yes/Yes

Auditors

At the Annual General Meeting on 22 June, 2022, the auditing company Deloitte AB was re-elected as a registered auditing company for the period until the end of the Annual General Meeting 2023 with Therese Kjellberg (authorized public accountant and member of FAR) as the principal auditor.

Deloitte AB has been the company’s auditor since 2014.

The auditor receives fees according to the invoice, which is in accordance with a decision at the Annual General Meeting.

Audit & Remuneration Committees

Audit committee: Helena Nathhorst (chairman), Stefan De Geer, Gunnar Wieslander (chairman of the board), Peter Wesslau.

Remuneration committee: Stefan De Geer (chairman), Gunnar Wieslander (chairman of the board), Ulrika Molander.