THE ELECTION COMMITTEE’S PROPOSAL FOR BOARD MEMBERS OF HÖGANÄS AB
The Election Committee has informed Höganäs of its proposal to the Annual General Meeting on 25 April 2006 to elect nine Board Members. The Election Committee will propose the re-election of Alrik Danielson, Jenny Lindén Urnes, Magnus Lindstam, Bernt Magnusson, Per Molin and Agnete Raaschou-Nielsen and the election of Bengt Kjell, Oystein Krogen and Hans-Olof Olsson as new Board Members. Ulf G. Lindén and Hans Mivér have declined re-election. Furthermore the Election Committee proposes the election of Per Molin as Chairman of the Board of Directors.
Bengt Kjell, born 1954, is Vice President of Industrivärden with responsibility for investment activities. He is Chairman of the Board of Directors of Kungsleden AB, Indutrade AB and Isaberg Rapid AB and Member of the Board of Directors of inter alia Pandox AB, Munters AB and Helsingborgs Dagblad.
Tech. Dr. Oystein Krogen, born 1966, is in charge of the development of Electrical Motors within the Danaher Group and has previously been inter alia a research engineer in Höganäs. He has no other assignments as a board member.
Hans-Olof Olsson, born 1941, is SVP & Chief Marketing Officer in Ford Motor Company. He is Chairman of the Board of Directors of inter alia Volvo Cars and a Member of the Board of Directors of inter alia Ford VHC, Lindab, Premier Automotive Group, Vattenfall and the Swedish-American Chamber of Commerce, New York.
The Members of the Election Committee for Höganäs are Ulf G. Lindén, representing Lindéngruppen, being the present Chairman of the Board of Directors, Carl-Olof By, representing Industrivärden, Mikael Garton, representing SEB Fonder, and Henrik Didner, representing Didner & Gerge Fonder AB.
The notice for the Annual General Meeting 2006 is expected to be published around 20 March.
The complete proposal of the Election Committee for resolutions at the Annual General Meeting 2006 and additional information regarding the proposed Board Members and an account of the work performed by the Election Committee will be given in connection with the publishing of the notice for the Annual General Meeting.
Höganäs, 14 February 2006
THE BOARD OF DIRECTORS