At the AGM on 11 May 2010 it was resolved that the nomination committee shall consist of at least four representatives, one of whom shall be the chairman of the board. At the end of the third quarter 2010, the chairman of the board shall contact the three largest identified shareholders in the Company and request that they nominate their representative to the nomination committee at their earliest convenience. If a shareholder renounces their right to nominate a representative for the nomination committee, this right shall be passed over to the next largest shareholder, who has not already nominated or has the right to nominate a representative to the nomination committee. The chairman of the nomination committee shall be the representative nominated by the largest shareholder. The nomination committee is tasked with evaluating the work and structure of the board and producing proposals for the AGM 2011 with regards to:
- election of chairman for the Annual General Meeting
- election of the board of directors and chairman of the board of directors
- election of auditors, in cooperation with the Company’s audit committee
- fees for the board of directors, audit committee and auditors
- constitution of the nomination committee prior to the 2012 AGM
The nomination committee representatives do not receive any remuneration from the Company, but they have the right to receive compensation from the Company for reasonable expenses incurred.
For further information please contact:
Svend Holst-Nielsen, Chairman of the Board for Lindab International, tel. +46 (0) 708 557000.