Nomination Committee
The 2019 Annual General Meeting of the Byggmax Group AB tasked the Chairman of the Board of Directors to, annually and not later than the end of the third quarter every year, convene the three largest shareholders in the company, as registered at August 31 according to Euroclear Sweden AB, which are then each entitled to appoint one member of the Nomination Committee. In addition to the above, the Chairman of the Board is also a member of the Nomination Committee. The mandate period of the Nomination Committee extends until such time as a new Nomination Committee has been appointed.
The Nomination Committee is comprised as follows:
Peter Anderson from RBC Investor Services Trust
Vegard Søraunet from Verdipapirfonde Odin Sverige
Anders Algotsson from Afa Försäkring, and
Anders Moberg, Chairman of Byggmax Group AB (publ).
The Nomination Committee prepares and submits proposals to the Annual General Meeting (AGM) in respect of:
• the election of the Chairman of the AGM,
• the number of Board members,
• the election of the Chairman of the Board of Directors and other Board members on the company’s Board of Directors,
• directors’ fees specified between the Chairman of the Board of Directors and other Board members,
• the election of and approval of fees to the auditor and deputy auditor (where applicable), and
• resolutions on principles regulating the appointment of the Nomination Committee.
The 2020 Annual General Meeting for Byggmax will be held on May 6, 2020 in Stockholm, Sweden.
Shareholders who would like to submit proposals to the Nomination Committee are welcome to do so by e-mail to: info@byggmax.se. Proposals must be submitted in good time prior to the AGM to allow the Nomination Committee to take these proposals into consideration.
Stockholm, October 01, 2019
Byggmax Group AB (publ)
For further information, please contact:
Karl Lindström, Interim CFO
Tel: +46 722 44 01 99
Email: karl.lindstrom@byggmax.se
About Byggmax Group
Byggmax Group consists of Byggmax, Skånska Byggvaror, and Buildor. For 2018, the Group’s net sales was SEK 5.1 billion. Byggmax Group is listed on Nasdaq since 2010.
Byggmax was founded in 1993 and currently operates 109 stores in Sweden, 42 in Norway and 11 in Finland and e-commerce in all three countries. Byggmax online offer consists of both the complete store assortment as well as an extensive range of online-exclusive products. Since the very beginning, Byggmax business concept has been discount DIY retailing, being the best price DIY retailer for consumers in need of high-quality construction materials. Byggmax stores are located close to the customers homes and are equipped with a drive-in system enabling easy shopping, including the loading of products directly onto the customers vehicles. During the past years, Byggmax Group has acquired Skånska Byggvaror Group and Buildor AB. Skånska Byggvaror is a distance and e-commerce retailer of building projects and materials, with strong offers in e.g., conservatories and green houses. Skånska Byggvaror operates in Sweden and Norway and online and with a number of showroom stores. Buildor is a fast growing e-commerce retailer of home improvement products.
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