#Sweden #Shareholders #Skinnskatteberg #Systemair #Nomination

Overview of Systemair's Nomination Committee Changes

On February 18, 2025, Systemair AB officially announced significant updates regarding its nomination committee in preparation for the forthcoming annual general meeting scheduled on August 28, 2025. This announcement highlights the representation of key stakeholders and the evolution of shareholder roles within the company.

Key Changes in the Nomination Committee

During the annual general meeting held on August 29, 2024, it was determined that the nomination committee would be formed by representatives from three of the most substantial shareholders or owner groups based on voting power, in accordance with the share register provided by Euroclear Sweden AB as of January 31, 2025.

Initially, it was revealed that ebm-papst AB, one of the largest shareholders, opted to relinquish their position on the committee. This decision prompted outreach to the fourth largest shareholder, Swedbank Robur Fonder. Consequently, the newly appointed nomination committee members include:

• - Magnus Tell from Alecta serving as the Chairman
• - Gerald Engström from Färna Invest AB
• - Lennart Francke from Swedbank Robur Fonder

Communicating with the Nomination Committee

Systemair encourages its shareholders who wish to contact the nomination committee to reach out to Anders Ulff, the Chief Financial Officer of Systemair AB, via email at [email protected] This channel allows shareholders to engage directly with the decision-makers influencing the future of the company.

Upcoming Annual Meeting Details

The annual meeting will convene in Skinnskatteberg, Sweden, on August 28, 2025, at 15:00 CET. This meeting aims to address various topics aligned with the company's growth objectives and overall performance as one of the leading ventilation solution providers globally.

Systemair: A Brief Overview

Founded in 1974, Systemair has marked itself as a pivotal player in the ventilation industry, actively operating across 51 countries. Over the fiscal year 2023/2024, the company reported an impressive turnover amounting to SEK 12.3 billion and currently employs close to 6,700 individuals.

The organization prides itself on consistent profitability, having registered annual operating profit each year since its inception. Moreover, Systemair has enjoyed an average growth rate of 9% over the last decade, progressively establishing itself in emerging markets.

As a sustainability-focused entity, Systemair is dedicated to enhancing indoor climate quality through energy-efficient products designed to minimize carbon dioxide emissions. The company actively supports initiatives that reinforce its commitment to environmental sustainability.

In conclusion, the recent appointment of the nomination committee members marks a strategic move towards strengthened governance at Systemair. These developments not only illustrate responsiveness to shareholder feedback but also set the stage for continued innovation and leadership within the industry. The upcoming annual meeting promises to be a pivotal event that will shape the company’s future direction and strategies.

For further inquiries or detailed discussions regarding the recent announcement, shareholders and interested parties can reach out to Anders Ulff, CFO of Systemair, directly at +46 70 577 40 09.