Nominating Committee for Annual Meeting of 2012

According to the 2011 Annual General meeting, the principals for appointing the Nominating Committee, the following people have been appointed to, together with the Chairman of the Board Göran Wessman, be members of the Nominating Committee regarding the 2012 (OBS! Ändra år på svensk) Annual General Meeting:

  • Johan Claesson (individual mandate),
  • Bo Håkansson (individual mandate),
  • Jan Lundström (individual mandate),
  • Mikael Lönn (individual mandate),
  • Lars Magnusson (mandate from Anders Edlund and Jan Edlund)

The Nominating Committee will work out proposals to be submitted at the 2012 Annual General Meeting for decisions regarding the Chairman of the Annual General Meeting, Chairman and other members of the Board, the fee to the Board and the accountant and also principles for the appointment of the Nominating Committee. The Nominating Committee’s length of office runs until a new Nominating Committee has been appointed in accordance with the resolution on appointment of the Nominating Committee by the Annual General Meeting 2012.
The proposals of the Nominating Committee are made public at the latest in connection to the invitation to the Annual General Meeting.

Shareholders can submit proposals to the Nominating Committee at the following address: Valberedningen, Karo Bio AB, Novum, 141 57 Huddinge, Sweden.

The 2011 Annual General Meeting decided on the principles of how to appoint the Nominating Committee.

The nomination committee shall consist of representatives of
shareholders with substantial shareholdings and the chairman of the board. If it, as a result of ownership changes, is deemed appropriate, the nomination committee shall invite additional shareholders to the committee, however, the total number of members shall not exceed six. Should a member of the nominating committee leave the committee before its work is completed, and if the committee deems it appropriate, the nominating committee shall request the same shareholder, or if this shareholder is no longer one of the major shareholders, the next largest shareholder to appoint a substitute. Any such changes will be announced on the Company’s website.