Nomination Committee for the 2024 Annual General Meeting

Växjö, December 1, 2023

In September 2017 at an extraordinary General Meeting, Balco adopted an instruction regarding the appointment of the Nomination Committee, applicable until the General Meeting resolves otherwise. Pursuant to this instruction the company shall have a Nomination Committee comprising one representative for each of the four principal shareholders in terms of votes, based on the information received from Euroclear Sweden AB on the last banking day in August 2023, as well as the Chairman of the Board (convener).

The Nomination Committee has now been appointed and comprises the following members:

• Carl-Mikael Lindholm, appointed by Family Hamrin (Chairman of the Nomination Committee)

• Lennart Francke, appointed by Swedbank Robur Fonder

• Lennart Björkman, appointed by Skandrenting AB

• Claes Murander, appointed by Lannebo Fonder

• Ingalill Berglund, Balco’s Chairman of the Board

The Nomination Committee shall prepare proposals for the 2024 Annual General Meeting regarding the Chairman of the Meeting, number of Board members, fees to be paid to the Chairman of the Board and Board members, election of Board members and Board Chairman, remuneration to the auditor and election of auditor and, if necessary, proposal for changes in the instruction to the Nomination Committee.

Shareholders who wish to present proposals to the Nomination Committee for the 2024 Annual General Meeting can submit them by post to:

Balco Group AB, AGM, att: Michael Grindborn, Älgvägen 4, 352 45 Växjö,
or through email: [email protected].  

In order for the Nomination Committee to be able to consider submitted proposals in a constructive manner, these should be submitted by 31 January 2024, at the latest.