Proposal from Catena’s Nomination Committee
With reference to the Notice to attend the Extraordinary General Meeting on October 12, 2010, the Nomination Committee of Catena hereby submits proposals concerning Items 8, 9 and 10 of the proposed agenda pertaining to the number of Board members, outgoing/incoming Board members, Chairman of the Board and fees to Board members.
8. The Nomination Committee proposes an increase in the Board of Directors, from six to seven elected Board members.
9. The Nomination Committee proposes, pursuant to the ownership changes following the recent Annual General Meeting, the election of Jan Johansson and Tomas Anderson.
Peter Hallgren has requested to withdraw from the Board in view of his resignation as President in conjunction with the Annual General Meeting in April 2011.
The Nomination Committee proposes the re-election of: Henry Klotz, Christer Sandberg, Lennart Schönning, Erik Selin and Svante Wadman.
The Nomination Committee proposes the re-election of Henry Klotz as Chairman of the Board.
Jan Johansson, born 1959, is the Executive Vice President of Peab AB, as well as Chairman of the Board and Board member of a large number of companies within the Peab Group. Jan Johansson has a master’s degree in engineering, road and highway, from Lunds University and owns no shares in Catena.
Tomas Anderson, born 1956, is Division Manager at Peab AB, as well as Board member in a large number of companies within the Peab Group. Tomas Anderson has a master’s degree in business administration from Stockholm University and owns no shares in Catena.
As of August 31, Peab owns 2,240,900 shares (19.38%) in Catena.
10. The Nomination Committee proposes that Board fees for Board members remain unchanged, which means SEK 210,000 to the Chairman of the Board and SEK 105,000 to each of the other elected Board members not employed by the company.
For further information, please contact Bo Jansson, Chairman of the Nomination Committee, at +46 (0) 70-590 84 42 and Henry Klotz, Chairman of the Board, at +44 (0)7766 205 145.
This information is such that Catena AB (publ) must release it publicly in accordance with the Swedish Securities and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was released to public on October 1, 2010, at 10.45 a.m.
Catena shall own, effectively manage and actively develop commercial real estate in prime locations that offers the potential to generate steadily growing cash flow and favorable value growth. Catena’s overriding objective is to provide shareholders with a favorable, long-term total return by being one of the leading players involved in commercial real estate in a number of strategic locations.
For more information about Catena, visit www.catenafastigheter.se
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