#Sweden #Stockholm #Essity #Annual General Meeting #Nomination Committee

Nomination Committee Appointed for Essity's 2027 Annual General Meeting

Essity, the Swedish hygiene and health company, is gearing up for its Annual General Meeting (AGM) scheduled for April 7, 2027, in Stockholm. The company has established a Nomination Committee, which is crucial for overseeing the preparation of key proposals for the upcoming meeting. This committee was formed under guidelines adopted in 2020, ensuring a structured approach towards the appointment of board members and other essential roles within the organization.

Composition of the Nomination Committee

The Nomination Committee consists of representatives from Essity's four largest shareholders by voting rights as of the last banking day in August, alongside the Chairman of the Board. The current members include:

• - Helena Stjernholm from AB Industrivärden, who serves as the Committee's Chairman.
• - Anders Hansson from AMF och AMF Fonder.
• - Niko Pakalen from Cevian Capital Partners Ltd.
• - Anders Jonsson from Livförsäkringsbolaget Skandia.
• - Jan Gurander, the Chairman of the Essity Board of Directors.

This diverse representation ensures that the interests of major shareholders are taken into account while making important governance decisions.

Responsibilities of the Nomination Committee

The main task of the Nomination Committee is to draft proposals regarding various key positions and financial compensation ahead of the AGM. Their responsibilities include:

• - Proposing a Chairman for the Meeting.
• - Determining the number of board members.
• - Suggesting remuneration for each board member.
• - Nominating board members and selecting the Chairman of the Board of Directors.
• - Recommending the remuneration for the auditor and selecting the auditor.
• - Suggesting amendments to the guidelines for the Nomination Committee, if necessary.

Shareholders are encouraged to engage with the Nomination Committee. Proposals can be submitted to Mikael Schmidt, the General Counsel and secretary of the Nomination Committee, via email. However, to ensure careful consideration, submissions must be received by December 31, 2026.

Engaging Stakeholders

Essity aims for transparency and inclusivity in its corporate governance. By allowing shareholders to propose candidates and ideas, the Nomination Committee is creating a platform for stakeholder engagement that reflects the democratic ethos of corporate governance. This interaction is pivotal to fostering a collaborative relationship between the company’s management and its shareholders.

As the 2027 AGM approaches, the Nomination Committee's work will be pivotal in shaping the future leadership of Essity, crafting a strategy that unites the interests of shareholders with the operational goals of the company. Therefore, it stands as a key moment not just for the organization but for all stakeholders involved, setting the tone for the upcoming year.

This committee marks another step for Essity in maintaining robust governance practices that enhance organizational efficiency and shareholder value. The meticulous process indicates the company's commitment to accountability and excellence, features that are vital in today's fast-paced business environment.

In summary, the establishment of the Nomination Committee signals Essity's proactive stance in fostering a well-structured governance model, ensuring that the upcoming AGM is not just a meeting, but a significant event that will shape the fabric of its corporate leadership for years to come.