President and CEO Yannick Fierling proposed as new Board member of AB Electrolux

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The Nomination Committee of AB Electrolux proposes election of Yannick Fierling, the new President and CEO of AB Electrolux, as new member of the Board of Directors of AB Electrolux at its Annual General Meeting on March 26, 2025. The Committee also proposes re-election of Torbjörn Lööf (Chair), Geert Follens, Petra Hedengran, Ulla Litzén, Daniel Nodhäll, Karin Overbeck, David Porter and Michael Rauterkus.

As previously communicated, Yannick Fierling has succeeded Jonas Samuelson as President and CEO of AB Electrolux on January 1, 2025. As Jonas Samuelson also has resigned from the Board, Yannick Fierling is accordingly proposed as a new Board member.

The Nomination Committee’s proposal means that the Board of Directors shall comprise nine ordinary members elected by the Annual General Meeting, without deputies.

The Nomination Committee’s motivated statement, complete proposals, and a presentation of the proposed Board members will be published in due time before the Annual General Meeting 2025.

The Nomination Committee of AB Electrolux comprises Christian Cederholm, Investor AB (Chair), Marianne Nilsson, Swedbank Robur Funds, Anders Hansson, AMF Tjänstepension och Fonder, and Carina Silberg, Alecta. The Nomination Committee also include Torbjörn Lööf, Chair of the Board of AB Electrolux.

For more information:

Oscar Stjerngren, Investor Relations, +46 70 879 87 69

Electrolux Group Press Hotline, +46 8 657 65 07

Electrolux Group is a leading global appliance company that has shaped living for the better for more than 100 years. We reinvent taste, care and wellbeing experiences for millions of people, always striving to be at the forefront of sustainability in society through our solutions and operations. Under our group of leading appliance brands, including Electrolux, AEG and Frigidaire, we sell household products in around 120 markets every year. In 2023 Electrolux Group had sales of SEK 134 billion and employed 45,000 people around the world. For more information go to www.electroluxgroup.com.