Nominations to Munters AB's (publ) Board of Directors
Nominations to Munters AB's (publ) Board of Directors At the Annual General Meeting of Munters AB, to be held May 7, 2003, the following proposal will be submitted regarding the number of directors, compensation to the Board of Directors, and election of the members of the Board of Directors. Shareholders who jointly represent approximately 30 per cent of the shares and votes in the company have declared their intention to vote for the proposal. The number of members to remain unchanged, i.e. seven with no deputies. Re-election of Berthold Lindqvist, Sören Mellstig, Bo Ingemarson, Sven Ohlsson, Lars Spongberg and Lennart Evrell and new election of Bengt Kjell. Anders Jagraeus has declined re-election. The Board of Directors is recommended to appoint Berthold Lindqvist as Chairman of the Board. Bengt Kjell, born in 1954, is Head of New Investments in AB Industrivärden, Chairman in Pandox Hotellfastigheter AB and Kungsleden AB, and Board Member of Hoist International AB and Össur hf. Remuneration to the Board of Directors is proposed to remain unchanged, totalling SEK 1.150.000, to be divided in accordance with the Board's decision. For further information, please contact: CEO Lennart Evrell tel: +46 8 626 6303 mobile: +46 70 588 15 15 CFO Bernt Ingman tel: +46 8 626 6306 mobile: +46 70 672 74 54 VP Corp. Communications Sören Sjöström tel: +46 8 626 6308 mobile: +46 70 600 22 44 Munters is the world leader in moisture control with products and services for dehumidification, humidification and cooling of air. Operations are divided into three geographic regions - Europe, Americas and Asia. Manufacturing and sales are carried out via the Group's own companies in more than 25 countries. The Group has 3,200 employees and net sales of SEK 4,700 million. Munters is listed on Stockholmsbörsen, the Stockholm Stock Exchange. For more information see www.munters.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/14/20030414BIT00220/wkr0001.doc http://www.waymaker.net/bitonline/2003/04/14/20030414BIT00220/wkr0002.pdf