In accordance with the resolution at the Annual General Meeting on May 14, 2024, Profoto announces the composition of the nomination committee, consisting of representatives of the largest shareholders by number of votes.
The Nomination Committee has been appointed and consists of the following representatives:
- Carl Christian Ottander representing Conny Dufgran, Nedergransta (Chairman)
- Anders Hedebark, Burken Invest
- Carl-Michael Lindholm, Herenco
- And the Chairman of the Board Hans Eckerström.
Anders Hedebark is the CEO and a member of the Board of Directors of the Company, but he is also, via companies, the Company’s largest shareholder, which means that, in accordance with the Company’s established instructions for the Nomination Committee, he should be entitled to obtain a seat on the Nomination Committee. This explains why the CEO is a member of the Nomination Committee, which in itself constitutes a deviation from section 2.3 of the Swedish Corporate Governance Code (the “Code”), which stipulates that the CEO shall not be a member of the Nomination Committee.
The members of the Nomination Committee have, in accordance with the Company’s instructions for the Nomination Committee, unanimously decided that Anders Hedebark shall not be the Chairman of the Nomination Committee as this would constitute a deviation from section 2.4 of the Code. Instead, Carl Christian Ottander has been elected as Chairman.
The Annual General Meeting of Profoto will be held in Sundbyberg on Friday, May 9, 2025. Shareholders who wish to submit proposals regarding the Board of Directors, Chairman of the Board, board fees, chairman of the general meeting or nomination committee for next year’s Annual General Meeting may, no later March 21, 2025, contact Profoto’s Nomination committee by e-mail: [email protected] or by mail to:
Profoto AB
Att: Nomination Committee
Box 1264, Landsvägen 57
SE-17225 Sundbyberg, Sweden