Nomination Committee
In accordance with the resolution by the 2025 Annual General Meeting, the Nomination Committee ahead of the 2026 Annual General Meeting will be appointed in line with the approved instruction below. Shareholders wishing to submit proposals to the Nomination Committee can do so in writing to [email protected] or to The Nomination Committee, Kinnevik AB, P.O. Box 2094, SE-103 13 Stockholm Sweden.
Instruction for the Nomination Committee
Kinnevik shall have a Nomination Committee consisting of at least three members. The Nomination Committee shall be formed in consultation with the largest shareholders or groups of shareholders, measured by voting rights as of the last business day in August, who wish to participate in such consultation. When forming the Nomination Committee, particular consideration may be given to other factors than voting power, including the diversity of shareholder profiles, geographical footprint and the pursuit of a balance of business and investment expertise. Cristina Stenbeck shall serve as a member of the Nomination Committee and act as its convenor. The members of the Nomination Committee shall appoint the Committee's Chair at the first meeting.
The Nomination Committee shall be appointed for a term of office commencing at the time of its formation and ending upon the formation of a new Committee. If a member resigns during the term of office, the Nomination Committee may decide to appoint a new member. The shareholder who appointed the resigning member shall in such case be requested to appoint a new member, provided that the shareholder remains one of the largest shareholders in Kinnevik. Should the shareholder decline to participate, the Nomination Committee may invite the next largest qualified shareholder to participate. In the event of changes to Kinnevik's ownership structure, the Nomination Committee may decide to amend its composition in order to ensure that the Committee appropriately reflects the ownership of Kinnevik. However, unless there are special circumstances, the composition of the Nomination Committee may remain unchanged following changes in the ownership structure of Kinnevik that are either minor or occur less than three months prior to the Annual General Meeting.
The Nomination Committee's assignment includes preparing proposals to the Annual General Meeting as regards election of Chair and the other members of the Board, remuneration to each of the Board members, election of, and remuneration to, the auditor(s), and Chair of the Annual General Meeting. Furthermore, the Nomination Committee shall, if deemed necessary, prepare proposals regarding amendments to this instruction.
The Nomination Committee shall have the right to upon request receive personnel resources such as secretarial services from Kinnevik, and to charge Kinnevik with costs for recruitment consultants and related travel if deemed necessary.
