According to the code, the company must have a nomination committee that submits proposals regarding the chairman of general meetings, board candidates, including chairman of the board, remuneration to board members and for committee work, election of auditor and remuneration to auditor. The nomination committee must also propose instructions for its work to the annual general meeting, which shall apply until further notice.

The nomination committee in Industria Insurance Company shall consist of the chairman of the board and members appointed by the four largest shareholders in terms of votes as of the last banking day in August each year. The selection is based on shareholder data from Euroclear Sweden AB and other reliable owner information provided to the company. Shareholders also include groups of shareholders who have been grouped in the Euroclear Sweden system as well as other known shareholder groups. If one of the four largest shareholders waives its right to appoint a member, the next largest shareholder is offered the opportunity to appoint a member.

The chairman of the board convenes the nomination committee until its first meeting. The chairman of the nomination committee shall be the member appointed by the largest shareholder in terms of votes.

If a shareholder who has appointed a member significantly reduces his shareholding, the nomination committee must assess whether the member should make his place available and whether the next largest shareholder should be given the opportunity to appoint a new member. If this does not happen and there is more than two months left until the annual general meeting, the additional shareholder has the right to appoint a representative who is co-opted to the nomination committee on request.

If a member leaves the nomination committee before its work is completed and a replacement is needed, he must be appointed by the same shareholder or, if he no longer has the right to appoint a member, by the next largest shareholder.

The composition of the nomination committee must be published no later than six months before the annual general meeting. No compensation shall be paid to the members of the Nomination Committee. Any necessary overheads for the work of the Nomination Committee shall be borne by the Company. The nomination committee’s term of office runs until a new nomination committee has been announced.

The nomination committee shall propose the chairman of the meeting, the board, chairman of the board, auditor, board fees including distribution between the chairman and members, remuneration for committee work and fees to the auditor. If deemed necessary, the Nomination Committee shall also submit proposals for changes to the instructions for its work. This instruction is valid until a decision on amendment is made by the general meeting.

Annual General Meeting 2025
Industria Försäkringsaktiebolag’s annual general meeting 2025 will be held on April 24, 2025. In order for the nomination committee to have the opportunity to process proposals received in good time, proposals must be submitted no later than February 27, 2025.

The nomination committee’s proposal will be presented in the notice to the annual general meeting and on the company’s website. Shareholders are asked to send proposals to the Nomination Committee via e-mail to[email protected]