#Sweden #Annual Meeting #Nomination Committee #Sandvik AB #Sandviken

Sandvik AB Forms Nomination Committee for 2026 AGM

On September 16, 2025, Sandvik AB announced the establishment of its Nomination Committee in preparation for the upcoming 2026 Annual General Meeting (AGM). Following an instruction adopted during the 2020 AGM, this committee will operate until further notice by the General Meeting.

The purpose of the Nomination Committee is to prepare essential proposals for the AGM, which is scheduled for April 28, 2026, in Sandviken, Sweden. The committee is composed of key representatives from the company’s principal shareholders, enhancing its representation and decision-making capabilities.

Composition of the Nomination Committee

The newly appointed Nomination Committee includes notable figures:

• - Fredrik Lundberg from AB Industrivärden serves as the Committee Chairman.
• - Oscar Bergman representing Swedbank Robur Funds.
• - Lars Pettersson from Lundbergs.
• - Daniel Kristiansson representing Alecta.
• - Johan Molin, who is also the Chairman of Sandvik’s Board, serves as the convenor.

This strategic composition is aimed at ensuring comprehensive oversight and governance as the company progresses towards its future goals. Each member has been appointed based on their significant contributions and affiliations, aligning with the company's interests and objectives.

Committee Responsibilities

The Nomination Committee is tasked with preparing proposals concerning several critical aspects of the AGM, which includes:

• - The nomination for the Chairman of the Meeting.
• - The number of Board members and their respective fees.
• - Recommendations for Board member elections and the Board Chairman.
• - Proposals regarding the remuneration of the auditor and the election of the auditor; and potential amendments to the Nomination Committee's instructions.

To facilitate the smooth operation of these responsibilities, the committee welcomes input from shareholders. Any shareholder seeking to submit proposals for consideration at the AGM can reach out to Johanna Kreft, the future Secretary of the Nomination Committee, via email at [email protected] They are encouraged to submit their proposals no later than January 19, 2026, to allow for thoughtful consideration.

Transparency and Engagement

The establishment of the Nomination Committee reflects Sandvik AB’s commitment to transparency and shareholder engagement. By actively including major shareholder representation, Sandvik aims to foster a collaborative approach in governance. This ensures that the perspectives of its investors are considered in shaping the leadership structure and strategic direction of the company.

In summary, the formation of the Nomination Committee marks a proactive step in preparing for Sandvik's 2026 AGM and emphasizes the company's dedication to governance excellence and shareholder communication. As the meeting approaches, stakeholders will be keenly observing the developments stemming from the committee’s recommendations, particularly in a landscape that demands responsiveness and adaptability.

For further questions or information, stakeholders can reach out to Louise Tjeder, VP of Investor Relations, at +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, at +46 (0) 70721 1008. Their engagement reflects Sandvik’s continuous efforts to maintain a strong relationship with its investors and the broader public.

Stay tuned for more updates as the 2026 Annual General Meeting approaches, and keep an eye on potential proposals that will shape the future of Sandvik AB.