Nomination Committee’s proposal to ICA Gruppen’s Board of Directors – Chairman of the Board Claes-Göran Sylvén declines re-election

ICA Gruppen’s Chairman of the Board, Claes-Göran Sylvén, declines re-election to ICA Gruppen’s Board of Directors ahead of the next Annual General Meeting. The Nomination Committee proposes Magnus Moberg as the new Chairman of the Board for the coming period. Claes-Göran will remain as Chairman until the Annual General Meeting, which takes place on 26 April 2024.

Claes-Göran has been Chairman of the ICA Group, then ICA AB, since 2002. He continued with the assignment when ICA Gruppen was listed on the Stockholm Stock Exchange in 2013 and after the buyout from the stock exchange in 2022.

“These have been fantastic years and it has been a privilege to lead the ICA Group as Chairman of the Board. We have pursued active development of ICA in a fast-changing business environment where we have met new customer needs by constantly adapting. All the time by being responsive, with the long-term perspective as a guiding light and backed by ICA’s century-old history and unique idea. During these years the ICA Group has had three different ownership constellations. From the start retailer-owned, then a joint venture with the Dutch Ahold Group, subsequently a listed company and now retailer-owned once more. You could say that we have come full circle, so after just over 20 eventful years it feels natural to hand over the baton,” says Claes-Göran Sylvén, Chairman of ICA Gruppen.

Magnus Moberg, the Nomination Committee’s proposal as the new Chairman of the Board of ICA Gruppen, is an ICA retailer at ICA Maxi Stormarknad in Falköping. Over the last seven years, he has been Chairman of ICA-handlarnas Förbund, and will leave this assignment in conjunction with ICA-handlarnas Förbund’s Annual Meeting in May 2024.

“I feel both honoured and humbled ahead of this assignment which I look forward to taking on after the Annual General Meeting in April. Until then, it is Claes-Göran who will lead the Board as previously and I will continue my work as Chairman of ICA-handlarnas Förbund with unabated vigour until 22 May,” says Magnus Moberg.

The Nomination Committee’s proposal for a new Board of Directors:

Re-election:
Magnus Moberg (proposed as the new Chairman of the Board), Göran Blomberg, Anette Wiotti, Katarina Romberg, Fredrik Persson, Jan Amethier, Charlotte Svensson, Per Strömberg and Bengt Kjell

New Board member:
Mikael Norling (ICA retailer and proposed Chairman of the Board of-ICA-handlarnas Förbund)

Declined re-election:
Claes-Göran Sylvén and Tomas Emanuelz

For more information
ICA Gruppen press service, telephone number: +46 (0)10 422 52 52, e-mail: press@ica.se

icagruppen.se

ICA Gruppen AB (publ) is one of the leading retail companies in the Nordics with a focus on food and health. The Group includes ICA Sweden and Rimi Baltic which mainly conduct grocery retail, ICA Real Estate which owns and manages properties, ICA Bank which offers financial services, ICA Insurance and Apotek Hjärtat which conducts pharmacy operations. In 2022, ICA Gruppen had a turnover of approximately SEK 136 billion. For more information, see icagruppen.se.