Nomination Committee

Up to and including the 2017 Annual General Meeting, the Nomination Committee comprises Carl Douglas (Investment AB Latour), Mikael Ekdahl (Melker Schörling AB), Liselott Ledin (Alecta), Marianne Nilsson (Swedbank Robur fonder) and Anders Oscarsson (AMF and AMF fonder). Carl Douglas is Chairman of the Nomination Committee.

The Nomination Committee thus deviates from the Swedish Code of Corporate Governance in that the Vice Chairman of the Board of Directors is Chairman of the Nomination Committee. The reason for this deviation is that the Nomination Committee considers it important to have the representative from the largest shareholder as Chairman of the Nomination Committee.

If a shareholder represented by one of the members of the Nomination Committee ceases to be among the major shareholders in ASSA ABLOY AB, the Nomination Committee has the right to appoint another representative of one of the major shareholders to replace such a member. The same applies if a member of the Nomination Committee ceases to be employed by such a shareholder or leaves the Nomination Committee before the 2017 Annual General Meeting for any other reason. 

The Nomination Committee has the task of, on behalf of the shareholders, preparing and submitting proposals for; election of the Chairman of the Annual General Meeting, election of Chairman, Vice Chairman and other members of the Board of Directors, election of auditor, determination of fees to the auditor and Board of Directors (including distribution of fees among the Chairman, Vice Chairman and the other members of the Board of Directors and remuneration for Committee work) as well as election of members of the Nomination Committee and determination of the assignment of the Nomination Committee.

Shareholders wishing to submit proposals to the Nomination Committee can do so by emailing nominationcommittee@assaabloy.com. The Nomination Committee’s proposals for the Annual General Meeting 2017 are published at the latest in conjunction with the formal notification of the Annual General Meeting 2017.