Proposed board of directors for Lundbergs

Shareholders representing more than 90 percent of the voting rights have informed the company that they intend to propose to the Annual General Meeting in L E Lundbergföretagen AB, April 5, 2023, the following change of the Board of Directors.

Carl Bennet, Louise Lindh, Fredrik Lundberg, Katarina Martinson, Sten Peterson, Lars Pettersson och Bo Selling are Proposed for re-election and new election of Sofia Frändberg och Krister Mattsson.

Bo Selling is proposed as new chairman, replacing Mats Guldbrand who have declined re-election. Bo Selling has a long experience in the financial market with responsibility for equities at AMF and most recently as equity manager for Alecta. Bo has been a board member for Lundbergs since 2020. Mats Guldbrand, age 77, is leaving Lundbergs after 15 years, of which 14 as chairman of the board.

Sofia Frändberg, age 58, has spent the past 10 years with Volvo as general counsel and member of group management with the Volvo group. During this period, she has also been the Secretary of the board of AB Volvo, audit committee and election committee. As of jan 1 2023 she moved on to a position as senior leader with the Volvo group with responsibilities for the board work within Volvo Penta, amongst others.

Krister Mattsson, age 66, has been active within the Ingka group, former IKEA group, for 34 years. He has held several leading positions, most recently as the CEO for Ingka Investments, the investment organisation within Ingka group and member of the group management. Krister Matsson is board member of Ingka Foundation (owner of Ingka group), Imas Foundation and IKEA Foundation.

Remaining proposals to the Annual General Meeting on April 5, 2023, will be presented in the invitation.

Stockholm January 20, 2023
L E Lundbergföretagen AB

Any questions will be answered by CEO Fredrik Lundberg, phone: +46 8 463 06 15