- Helena Stjernholm, AB Industrivärden,
- Petter Johnsen, Norges Bank Investment Management,
- Stefan Nilsson, Handelsbankens Pensionsstiftelse and others,
- Javiera Ragnartz, AMF and AMF Fonder, and
- Pär Boman, Chairman of the Board of Essity Aktiebolag (publ)
Shareholders who wish to present proposals to the Nomination Committee can do so under the following address.
Essity Aktiebolag (publ)
c/o General Counsel’s Office
SE-101 23 STOCKHOLM
In order for the Nomination Committee to be able to consider submitted proposals in a constructive manner, these should be submitted by December 31, 2017, at the latest.
The Nomination Committee’s proposal will be presented in the Notice of the General Meeting and on the same time on the company web site.
The 2017 annual general meeting decided that the nomination committee, until further notice, shall be appointed in the following manner.
“The nomination committee shall be composed of representatives of the four largest registered shareholders in terms of voting rights according to the shareholders’ register1 maintained by the company as of the last banking day of August, and of the chairman of the board of directors.
The chairman of the board of directors is to convene the first meeting of the nomination committee. The member representing the largest shareholder in terms of voting rights shall be appointed chairman of the nomination committee. The chairman of the board shall not be chairman of the nomination committee. If deemed important, due to later changes in the ownership structure, the nomination committee is authorized to appoint one or two additional members among the shareholders who in terms of voting rights are the shareholders next in turn. The total maximum number of members shall be seven. Should a member resign from the nomination committee before its work is completed and, if the nomination committee considers it desirable, a “substitute” member shall be appointed to represent
the same shareholder or, if the shareholder is no longer one of the largest shareholders in terms of voting rights, the largest shareholder in terms of voting rights next in turn. Changes in the composition of the nomination committee shall be made public immediately.
The composition of the nomination committee is to be announced by Essity no later than by six month prior to the annual general meeting. Remuneration shall not to be paid to the members of the nomination committee. Any costs for the work of the nomination committee shall be borne by Essity. The term of office for the nomination committee ends when the composition of the following nomination committee has been announced.
The nomination committee shall propose the following: the chairman of the general meeting, the board of directors, the chairman of the board of directors, remuneration to the board of directors individually specified for the chairman and each of the other directors including remuneration for committee work, auditor and remuneration to the auditor, and, to the extent deemed necessary, amendments to this instruction.”
1 Euroclear Sweden AB is responsible for the company’s share register.