The nomination committee shall consist of four members, a representative for each of the three major shareholders as at the last banking day in August who wish to appoint a member to the nomination committee and the Chairman of the Board of Directors.
The term the three major shareholders refers to the three major shareholders registered and ownership-grouped by Euroclear Sweden AB as at the last banking day in August. Instructions for the nomination committee were adopted at the AGM held on 26 april 2012. Among other things the nomination committee shall submit proposals for the chairman of the AGM, the number of elected members of the Board, the chairman and other members of the Board, fees for each of the elected members of the Board and for members of the Board's committees, the number of auditors (should this be appropriate) and auditors' fees (where necessary).