Bonava’s Nomination Committee proposes two new Board members

Bonava’s Nomination Committee proposes the re-election of Mikael Norman (Chairman), Viveca Ax:son Johnson, Åsa Hedenberg, Samir Kamal and Frank Roseen. Frank Roseen was elected to the Board in 2018, Mikael Norman in 2017 and the remaining members in 2015. Moreover, the Nomination Committee proposes the election of Mats Jönsson and Angela Langemar Olsson as new members of the Board. Carl Engström and Anna Wallenberg have declined re-election.

Mats Jönsson (born 1957) has an M.Sc. in engineering from KTH Royal Institute of Technology. He is the Chairman of the Board of the Tengbom Group and of Lekolar, and a board member of NCC, Assemblin and Coor Service Management. Mats has solid experience in construction and property development as well as service management. He has served in roles such as President and CEO of Coor Service Management (2004–2013), Business Unit Director at Skanska Services (2000–2004) and as Division Head at Skanska Sverige (1998–2000).

Angela Langemar Olsson (born 1970) has an M.Sc. in Economics and Business from the Stockholm School of Economics. She is a Senior Investment Manager at Nordstjernan, a board member of NCC and Chairman of the Board of Sunparadise Group AG. Angela has a great deal of experience in management accounting and project monitoring, including roles such as Group CFO at Nordstjernan (2000–2015), Group Business Controller at Hufvudstaden (1997–2000) and Assistant Business Controller at Swedish Match (1996–1997).

Mikael Norman, Åsa Hedenberg, Mats Jönsson, Samir Kamal and Frank Roseen are regarded as independent in relation to the company and company management as well as to the major shareholders in the company. Viveca Ax:son Johnson and Angela Langemar Olsson are regarded as independent in relation to the company and company management, but not to Bonava’s principal shareholder, Nordstjernan.

The Nomination Committee proposes the auditing firm PricewaterhouseCoopers AB (PwC) as auditor. PwC has announced that Patrik Adolfson will be appointed as Auditor in Charge if the Annual General Meeting elects PwC. The proposed auditor is in accordance with the Audit Committee’s recommendation.

The Nomination Committee consists of Angela Langemar Olsson (Chairman of the Nomination Committee; Nordstjernan AB), Tomas Risbecker (AMF – Försäkring och Fonder), Caroline Forsberg (SEB Fonder) and Mikael Norman as co-opted member of the Nomination Committee in his capacity as Chairman of the Board.

The Nomination Committee’s other proposals will be presented in the notice to attend the Annual General Meeting on 21 February 2020.

The Annual General Meeting of Bonava AB (publ) will be held at 3:00 p.m. on 31 March 2020 at Bygget, Norrlandsgatan 11 in Stockholm, Sweden.

For more information, please contact:

Angela Langemar Olsson, Chairman of the Nomination Committee
alo@nordstjernan.se
Tel: +46 8 788 50 18

Louise Tjeder, Head of Investor Relations
louise.tjeder@bonava.com
Tel: +46 707 826 374

Fredrik Hammarbäck, Group Head of Press and Public Affairs
fredrik.hammarback@bonava.com
Tel: +46 739 056 063

Bonava is a leading residential development company in Northern Europe which has been creating homes and neighbourhoods since the 1930s. With its 2 300 employees, Bonava operates in Germany, Sweden, Finland, Denmark, Norway, St. Petersburg, Estonia and Latvia, with sales of SEK 15.5 billion in 2019. Bonava's shares are listed on Nasdaq Stockholm.

For more information about us, visit: www.bonava.com