Board of Directors

Nilar’s board of directors consists of seven board members, including the chairman of the board, all of whom have been elected for the period up until the end of the 2022 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.

Michael Obermayer
Chairman of the Board

  • Born: 1948
  • Board member since: 2012
  • Current assignments: Senior Partner, Fjord Advisors Ltd. Chairman of the Board Samplix ApS. Board member Fjord Advisors AB, Myghinvest AB, Möja Berg AB and Krog & Tapp AB.
  • Experience and previous positions: 28 years at McKinsey Company, Senior Partner; former Managing Director of World Economic Forum. Board member Pöyry Plc, Fluitec BV, Tesla Inc. (observer), IBO, RSP Systems ApS. Completed assignments (the last five years): Board member Poyry OY.
  • Education: MSc, KTH, PhD Biophysics, LMU, Munich, MBA INSEAD.
  • Holding in the Company (including related parties): Owns 149,298 shares and 15,000 warrants included in the 2021 incentive program which entities to subscribe for 90,000 shares 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 12,990 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

Anders Gudmarsson
Director of the Board

  • Born: 1948
  • Board member since: 2016
  • Current assignments:
  • Experience and previous positions: Assistant judge, Court of Appeal, Stockholm, President Boliden Intermarket and Flakt Service Sweden, Managing Partner Odgers Berndtson, Stockholm. Completed assignments (the last five years): Board member of Sturegatan 22 Asset Management AB, Höverödalens Fastighetsaktiebolag and Tech Troopers AB.
  • Education: Master of Law, Uppsala University.
  • Holding in the Company (including related parties): Owns 27,990 shares and 5,000 warrants included in the 2021 incentive program which entities to subscribe for 30,000 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: VP Manufacturing at Systemair AB. Board member of ProOcula AB and Good Solutions Sweden AB. Management position in Systemair AB.
  • Experience and previous positions: 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 119,820 shares in the Company.
  • Independent in relation to the company/major shareholders: Yes/Yes

Peter Feledy
Director of the Board

  • Born: 1976
  • Board member since: 2021 (June)
  • Current assignments: Consultant / Private Investor.
  • Experience and previous positions: Different roles within AniCura Group and Menigo Foodservice AB. Program manager in ICA AB. Project leader McKinsey & Company. Analyst for Morgan Stanley.
  • Education: Stockholm School of Economics (SSE). Harvard University, USA.
  • Holding in the Company (including related parties): Owns no shares and warrants.
  • Independent in relation to the company/major shareholders: Yes/Yes

Auditors

At the Annual General Meeting on 30 June, 2021, the auditing company Deloitte AB was re-elected as a registered auditing company for the period until the end of the Annual General Meeting 2021 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, Michael Obermayer (chairman of the board).

Remuneration committee: Anders Gudmarsson (chairman), Peter Feledy, Michael Obermayer (chairman of the board).