|By Business Wire||
|September 24, 2013 02:20 AM EDT||
Electrolux AB (STO:ELUXA)(STO:ELUXB):
The members of the Nomination Committee for Electrolux Annual General Meeting in 2014 have now been appointed.
In accordance with decision by the Annual General Meeting, Electrolux Nomination Committee shall consist of six members. The members should be one representative of each of the four largest shareholders in terms of voting rights that wish to participate in the committee, together with the Chairman of the Electrolux Board and one additional Board member.
The members of the Nomination Committee have now been appointed based on the ownership structure as of August 31, 2013. Petra Hedengran, Investor AB, is the Chairman of the committee. The other owner representatives are Kaj Thorén, Alecta, Marianne Nilsson, Swedbank Robur funds, and Johan Sidenmark, AMF. The committee will also include Marcus Wallenberg and Torben Ballegaard Sørensen, Chairman and Director, respectively, of Electrolux.
The Nomination Committee will prepare proposals for the Annual General Meeting in 2014 regarding Chairman of the Annual General Meeting, Board members, Chairman of the Board, remuneration for Board members, Auditor, Auditor’s fees and, to the extent deemed necessary, proposal regarding amendments of the current instruction for the Nomination Committee.
Electrolux Annual General Meeting 2014 will be held on March 26 at Stockholm Waterfront Congress Centre, situated at Nils Ericsons Plan 4 in Stockholm, Sweden.
Shareholders who wish to submit proposals to the Nomination Committee should send an email to email@example.com.
Electrolux is a global leader in household appliances and appliances for professional use, selling more than 50 million products to customers in more than 150 markets every year. The company makes thoughtfully designed, innovative solutions based on extensive consumer research, meeting the desires of today's consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, cookers, air conditioners and small appliances such as vacuum cleaners, all sold under esteemed brands like Electrolux, AEG, Zanussi and Frigidaire. In 2012 Electrolux had sales of SEK 110 billion and about 61,000 employees. For more information go to http://group.electrolux.com/
Electrolux discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on September 24, 2013.
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