#Sweden #Skinnskatteberg #Systemair #Nomination Committee

Systemair's Upcoming Nomination Committee

On February 24, 2026, Systemair AB reported a significant update regarding its governance structure as it prepares for the annual general meeting scheduled for August 27, 2026. This announcement disclosed the formation of the nomination committee, which plays a crucial role in the election of board members and ensuring robust corporate governance practices.

Composition of the Nomination Committee

At the previous annual general meeting held on August 28, 2025, it was decided that the nomination committee would include representatives from three of Systemair's largest shareholders based on the voting power recorded by Euroclear Sweden AB. Consequently, the current roster of the nomination committee has been shaped through discussions among the major stakeholders:

• - Magnus Tell, Alecta - Chairman of the Nomination Committee
• - Gerald Engström, Färna Invest AB
• - Lennart Francke, Swedbank Robur Fonder

Interestingly, it has been noted that ebm-papst AB, one of the significant shareholders, opted to forgo its seat in the nomination committee. This development allowed for the inclusion of Swedbank Robur Fonder, further diversifying the perspectives within the committee.

Invitation for Shareholder Engagement

Systemair encourages its shareholders to engage actively with the nomination committee. Shareholders can reach out directly via email to the committee chairman, Magnus Tell, at [email protected] or to Systemair's CFO, Anders Ulff, at [email protected]. This initiative is part of Systemair's ongoing commitment to transparency and inclusivity, ensuring that shareholder voices are heard in the decision-making process.

The Significance of the Nomination Committee

The nomination committee is pivotal in ensuring that Systemair’s board of directors is composed of skilled individuals who bring diverse experiences and perspectives to the table. This diversity is essential not only for strategic decision-making but also for maintaining accountability and integrity at the highest levels of the organization.

About Systemair

Founded in 1974, Systemair has grown into a leading ventilation group dedicated to improving indoor climates through innovative, energy-efficient products and solutions. The company operates in 51 countries across Europe, North America, Asia, and Australia, showcasing its global impact on the HVAC industry. With approximately 6,700 employees and reporting sales of SEK 12.3 billion in the 2024/25 financial year, Systemair has proven its commitment to sustainability and efficiency in all aspects of its operations.

In terms of financial performance, Systemair has consistently reported operating profits and enjoyed a notable average growth rate of 7.9% over the past decade. This robust financial health reflects the company's strategic initiatives and commitment to customer-oriented solutions.

As we look forward to the upcoming general meeting, the establishment of this nomination committee underscores Systemair's dedication to fostering a transparent and engaged corporate environment, which is crucial as the company navigates its future.