Clas Ohlson’s Nomination Committee appointed
In accordance with the applicable nomination procedure, as adopted by the Annual General Meeting, Clas Ohlson’s Nomination Committee is to comprise the Chairman of the Board and four members representing the four largest registered owners or shareholders known in some other manner. The Haid and Tidstrand families are to appoint one member each to the Nomination Committee.
Prior to the 2013 Annual General Meeting, Clas Ohlson's Nomination Committee will comprise the following members:
• Anders Moberg, Chairman of the Board of Clas Ohlson AB
• Carl von Schantz, representing the Haid owner family
• Göran Sundström, representing the Tidstrand owner family
• Johan Held, AFA Försäkring (Chairman of Clas Ohlson’s Nomination Committee)
• Johan Ståhl, Lannebo Fonder
The Nomination Committee’s assignment is to present to the coming Annual General Meeting proposals concerning the election of the Chairman of the Board and other Board members and regarding the choice of auditors, as well as fees and other remuneration to be paid for Board assignments to each of the Board members and to the auditor. The Nomination Committee is also to submit proposals concerning the Chairman of the Annual General Meeting.
The composition of the Nomination Committee is based on the owner relationship at 30 September 2012. The Nomination Committee represents approximately 68 per cent of the total number of company shares (votes). The above Nomination Committee will serve until a new Nomination Committee has been elected.
The Annual General Meeting will be held in Insjön on 7 September 2013.
Shareholders who wish to submit proposals to the Nomination Committee can do so by e-mail to: valberedningen@clasohlson.se or by post to: Clas Ohlson AB, Valberedningen, SE-793 85 Insjön, Sweden.
For further information, please contact:
John Womack, Director of Information and Investor Relations, Tel: +46 (0)247 444 05
Clas Ohlson AB is a Swedish chain store that sells, amongst other things, hardware, electrical, multimedia, and home and leisure products. It is the largest hardware chain in Scandinavia. The company was founded in 1918 by the technically-minded Clas Ohlson (1895–1979), as a mail order business based in the Swedish village of Insjön, Dalarna. Initially, only manuals and technical literature were sold. He opened his first shop in Insjön in 1926 and there are now stores throughout Sweden, as well as in Norway and Finland. In 2008, the company opened its first store in the United Kingdom, in Croydon, south London. There are now stores at the Arndale Centre in Manchester, at The Harlequin in Watford, in Kingston upon Thames, Reading, Liverpool, Leeds, Birmingham, Cardiff, Doncaster, Norwich and Newcastle.
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