Nomination Committee for the 2011 Annual General Meeting
In accordance with the decision made by Investor AB’s Annual General Meeting on April 14, 2010, the members of the Nomination Committee for the 2011 Annual General Meeting are to be appointed by the four shareholders/owner groups controlling the largest number of votes in Investor AB. In addition, the names of the Committee’s members are to be publicly announced not later than six months prior to the 2011 Annual General Meeting.
On August 31, 2010, the four owners controlling the largest number of votes (taking into account owner groups) were the Wallenberg foundations, SEB Foundation, Third Avenue Management LLC and Skandia Liv. Each has appointed its own representative, as shown below, who will form Investor AB’s Nomination Committee together with the Chairman of the Board.
The Nomination Committee’s members are:
Hans Wibom, Wallenberg foundations
Lars Isacsson, SEB Foundation
Curtis Jensen, Third Avenue Management LLC
Caroline af Ugglas, Skandia Liv
Jacob Wallenberg, Chairman of Investor AB’s board
The four owner representatives on the Nomination Committee together represent approximately 60 percent of the voting rights for all shares in Investor AB.
The Nomination Committee will present the following proposals for approval by the 2011 Annual General Meeting:
- Proposal for Chairman of the Meeting;
- Proposal for Members of the Board of Directors;
- Proposal for Chairman of the Board of Directors;
- Proposal for remuneration to the Members of the Board of Directors, distinguishing between the Chairman of the Board of Directors and other Members of the Board of Directors and remuneration for committee work;
- Proposal for auditors;
- Proposal for remuneration to Investor’s auditors; and
- Proposal for rules for the Nomination Committee regarding Annual General Meeting in 2012.
Investor AB’s Annual General Meeting will be held on Tuesday, April 12, 2011, in Stockholm.
Shareholders who would like to submit proposals to the Nomination Committee can do so via e-mail: nomination.committee@investorab.com, or by ordinary mail to the address: Investor AB, Nomination Committee, SE-103 32 Stockholm, Sweden, by February 22, 2011, at the latest.
INVESTOR AB
For further information:
Oscar Stege Unger, Head of Corporate Communications, Phone 46 8 614 2059, 46 70 624 2059
Magnus Dalhammar, Investor Relations Manager, Phone 46 8 614 2130, 46 73 524 2130
Our press releases can be accessed at www.investorab.com on the Internet. Investor AB is a Nordic-based industrial holding company founded almost one hundred years ago by the Wallenberg family. Today we have investment activities in Europe, the United States and Asia. The business concept is to generate attractive long-term returns for our shareholders by owning and developing companies with solid potential for value creation. We are an engaged owner and apply experience, knowledge and a unique network to develop listed and unlisted companies to make them best-in-class.