The Nomination Committee represents Nilar’s shareholders and submits proposals for board members and renumerations.
Under the Code, the Company is to have a nomination committee, the purpose of which is to submit proposals in respect of the chairman of general meetings, board member candidates (including the chairman), fees and other remuneration to each board member as well as remuneration for committee work, election of and remuneration to the external auditors and a proposal regarding the nomination committee for the following annual general meeting. The nominating committee’s proposals are presented in the notice of the annual general meeting.
At the annual general meeting on June 30, 2021, the shareholders adopted guidelines for the nomination committee. In accordance with the guidelines for the nomination committee, the nomination committee shall, inter alia, provide a proposal to the chairman of the board of directors at the annual general meeting, number of appointed directors, chairman and other appointed directors in the board, remuneration and other compensation to each and every one of the appointed board members and to board members and board members appointed to a committee, election of auditor and remuneration to the auditor. The nomination committee shall consist of four members, of whom three shall be nominated by the Company’s three largest shareholders or owner groups by voting power and the fourth shall be the chairperson of the board.
The nomination committee ahead of the 2021 annual general meeting consists of the following members:
Proposals or comments to the Nomination Committee are sent to: email@example.com