Nomination Committee for the 2020 Annual General Meeting

The Nomination Committee of Alimak Group has been appointed.

In 2016, Alimak Group’s annual general meeting adopted an instruction regarding the appointment of the Nomination Committee, applicable until the general meeting resolves otherwise. Pursuant to this instruction, the Nomination Committee shall, prior to the 2020 annual general meeting, be composed of representatives of the four largest shareholders listed in the shareholders’ register maintained by Euroclear Sweden as of August 31, 2019, together with the Chair of the Board, who will also convene the first meeting of the Nomination Committee. The member representing the largest shareholder shall be appointed Chair of the Nomination Committee.

The Nomination Committee has now been appointed and comprises the following members:

• Anders Mörck, Latour, Chair of the Nomination Committee
• Francisco de Juan, Alantra EQMC Asset Management
• Johan Lannebo, Lannebo Fonder
• Åsa Nisell, Swedbank Robur Fonder
• Jan Svensson, Alimak Group’s Chair of the Board

The Nomination Committee shall prepare proposals for the 2020 annual general meeting regarding the Chair of the annual general meeting, number of Directors of the Board, fees to be paid to each of the Directors of the Board, election of Directors of the Board and Chair of the Board, remuneration to the auditor and election of auditor and, if necessary, proposal for changes in the instruction for the Nomination Committee.

Shareholders who wish to present proposals to the Nomination Committee for the 2020 annual general meeting can submit them by post: Alimak Group AB, att: Nomination Committee, Blekholmstorget 30, SE-111 64 Stockholm, Sweden or via e-mail: anders.morck@latour.se. In order for the Nomination Committee to be able to consider submitted proposals in a constructive manner, these should be submitted no later than by Tuesday January 14, 2020.

For further information, please contact:
Mathilda Eriksson, Investor Relations and Group Communications Manager, +46 8 402 14 41

About Alimak Group
Alimak Group is a world-leading provider of vertical access solutions for professional use. With presence in more than 100 countries, the Group develops, manufactures, sells and services vertical access solutions with focus on adding customer value through greater safety, higher productivity and improved cost efficiency. Alimak Group's products and solutions are sold under the brands Alimak, CoxGomyl, Manntech, Avanti and Alimak Service. The Group has an installed base of around 70,000 elevators, hoists, platforms, service lifts and building maintenance units around the world. Founded in Sweden 1948, the Group has its headquarters in Stockholm, 12 production and assembly facilities in 8 countries and 2,400 employees around the world. www.alimakgroup.com