#Sweden #Stockholm #Annual General Meeting #AB Electrolux #Nominating Committee

AB Electrolux Appoints Nomination Committee for 2027 AGM

In preparation for the upcoming Annual General Meeting (AGM) scheduled for March 24, 2027, AB Electrolux has officially formed its Nomination Committee, a move that aims to ensure a well-prepared agenda for shareholders. This committee, which plays a crucial role in proposing candidates for Board positions and other key decisions, comprises five selected members as stipulated during the last AGM.

Composition of the Committee

The Nomination Committee is made up of representatives from the four largest shareholders who express an interest in participating, complemented by the Chair of the Board of AB Electrolux. The members appointed are:

• - Christian Cederholm, from Investor AB, serving as Chair
• - Martin Wallin, representing Lannebo Kapitalförvaltning
• - Alexandra Frenander, from Folksam
• - Pia Gisgård, representing Swedbank Robur Fonder
• - Torbjörn Lööf, who is the Chair of the Board of AB Electrolux

This structure reflects the ownership framework as of August 31, 2026, ensuring that significant stakeholder voices are included in the decision-making process.

Responsibilities of the Nomination Committee

The primary role of the Nomination Committee is to form proposals ahead of the 2027 AGM. Their responsibilities include:

• - Selecting the Chairman for the AGM.
• - Proposing members for the Board of Directors.
• - Recommending a new Chair for the Board.
• - Setting remuneration for Board members.
• - Appointing auditors and determining their fees.
• - Suggesting any necessary amendments to the existing guidelines governing the operation of the Nomination Committee.

Such preparatory work is not only vital for the smooth execution of the AGM but also integral in aligning the governance structure with shareholder expectations and corporate best practices.

Shareholder Engagement

AB Electrolux invites its shareholders to take an active part in this process by submitting proposals to the Nomination Committee. This invitation underlines the company's commitment to transparency and stakeholder engagement. Shareholders wishing to put forward their suggestions can contact the committee via email at [email protected].

Conclusion

The establishment of the Nomination Committee for the 2027 AGM represents AB Electrolux's proactive approach to stakeholder communication and governance. With a balanced mix of shareholder representation and board leadership, the committee is well-positioned to make informed recommendations that reflect the interests of the company and its shareholders alike. As the date approaches, the Nomination Committee's efforts will be pivotal in shaping the future of AB Electrolux in a rapidly changing business environment.

For further inquiries, the Electrolux Press Hotline is available at +46 8 657 65 07.