Nordic Waterproofing Holding AB’s Nomination Committee ahead of 2024 Annual General Meeting has been formed, based on ownership in the company as of 31 August 2023 and taking into account changes that have taken place thereafter.
According to the instruction for the Nomination Committee adopted by the Annual General Meeting on 28 April 2022, Nordic Waterproofing's Nomination Committee shall consist of members appointed by the four largest shareholders in terms of voting rights who wish to participate in the Nomination Committee. The Nomination Committee shall be formed based on shareholder statistics as of the last banking day in August the year before the Annual General Meeting. At that time, Kingspan Group PLC, Handelsbanken Funds, the Third Swedish National Pension Fund and Lannebo Funds were the four largest owners. If, during the Nomination Committee's term of office, one or more of the shareholders who have appointed members of the Nomination Committee are no longer among the four largest shareholders in terms of voting rights, the members appointed by these shareholders shall resign and the shareholder or shareholders who have become one of the four largest shareholders in terms of voting rights shall have the right to appoint their representatives. As of the last banking day in September, the Group's four largest shareholders were Kingspan Group PLC, TFG Asset Management UK LLP, Samson Rock Capital LLP and Fidelity International. Handelsbanken Funds was the Group's fifth largest shareholder. The Third Swedish National Pension Fund has announced that it is relinquishing its seat on the Nomination Committee and Handelsbanken Funds and Lannebo Funds have made their seats available in accordance with the instructions for the Nomination Committee. TFG Asset Management UK LLP and Samson Rock Capital LLP have announced that they wish to participate in the Nomination Committee and have thereby replaced the Third Swedish National Pension Fund and Lannebo Fonder. Fidelity International has been offered a seat on the Nomination Committee but has chosen not to, whereby Handelsbanken Fonder will remain on the Nomination Committee.
In accordance with the shareholders' decision, Nordic Waterproofing's Nomination Committee has been formed and consists of a total of four members.
- John Cronin representing Kingspan Group PLC, chairman of the Nomination Committee
- Abhishek Agrawal representing TFG Asset Management UK LLP
- Raphael Kain representing Samson Rock Capital LLP
- Anna Sundberg, representing Handelsbanken Fonder
Mats O Paulsson, Chairman of the Board of Nordic Waterproofing Holding AB, is a co-opted member of the Nomination Committee.
In total, the Nomination Committee represents approximately 50.0 percent of the voting rights for all shares in Nordic Waterproofing Holding AB, based on the ownership structure as of 30 September 2023.
The main duties of the nomination committee are to nominate candidates for the positions of chairman of the board and other members of the board, and to submit proposals for fees and other remuneration to be paid to each of the board members.
Shareholders who wish to present proposals to the nomination committee are welcome to submit them by email: nominationcommittee@nordicwaterproofing.com. In order for the nomination committee to be able to consider submitted proposals, these should be submitted by 31 December 2023, at the latest.
The Annual General Meeting of Nordic Waterproofing Holding AB will be held in Helsingborg, Sweden, on 25 April 2024.
