Nomination Committee for the 2025 Annual General Meeting

In September 2017 at an extraordinary General Meeting, Balco adopted an instruction regarding the appointment of the Nomination Committee, applicable until the General Meeting resolves otherwise. Pursuant to this instruction the company shall have a Nomination Committee comprising one representative for each of the four principal shareholders in terms of votes, based on the information received from Euroclear Sweden AB on the last banking day in August 2024, as well as the Chairman of the Board (convener).

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

•                    Carl-Mikael Lindholm, appointed by Family Hamrin (Chairman of the Nomination Committee)

•                    Annica Nordin, appointed by Skandrenting AB

•                    Adam Hansson, appointed by Lannebo Kapitalförvaltning

•                    Magnus Sjöqvist, appointed by Swedbank Robur Fonder

•                    Ingalill Berglund, Balco’s Chairman of the Board

The Nomination Committee shall prepare proposals for the 2025 Annual General Meeting regarding the Chairman of the Meeting, number of Board members, fees to be paid to the Chairman of the Board and Board members, election of Board members and Board Chairman, remuneration to the auditor and election of auditor and, if necessary, proposal for changes in the instruction to the Nomination Committee.

Shareholders who wish to present proposals to the Nomination Committee for the 2025 Annual General Meeting can submit them by post to:

Balco Group AB, AGM, att: Michael Grindborn, Älgvägen 4, 352 45 Växjö,
or through email: michael.grindborn@balco.se.  

For the Nomination Committee to be able to consider submitted proposals in a constructive manner, these should be submitted by 31 January 2025, at the latest.

For more information, please contact:

Michael Grindborn
CFO and Head of IR
+46 70 670 18 48
michael.grindborn@balco.se

Balco Group is a leading player in the balcony industry, focused on providing innovative, patented and energy-efficient solutions for multi-dwelling buildings. The company's tailored products contribute to increasing the quality of life, safety and value of homes. Through a decentralized and efficient sales process, Balco Group has full control over its value chain from production to delivery. Founded in 1987 in Växjö, the company now employs approximately 650 people and is a market leader in Scandinavia with operations in several markets in Northern Europe. The company's revenue for 2023 was 1,215 MSEK, and it is listed on the Nasdaq Stockholm.