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Swedbank ABAnnouncement

29/01/2024 19:00

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RNS Number : 2800B  Swedbank AB  29 January 2024

Press release

 

29 January 2024

Swedbank's Nomination Committee - proposal to the Annual General Meeting on 26
March 2024

·    Proposed for re-election to the Board of Directors: Göran Persson,
Göran Bengtsson, Annika Creutzer, Hans Eckerström, Kerstin Hermansson,
Helena Liljedahl, Anna Mossberg, Per Olof Nyman, Biljana Pehrsson and Biörn
Riese. Bengt-Erik Lindgren has declined re-election.

·    Göran Persson is proposed as Chair of the Board of Directors.

·    PwC AB is proposed for re-election of as external auditor.

The Nomination Committee's proposal entails that the number of board members
elected by the general meeting should be ten, i.e. one less than in 2023, of
which five are men and five are women.

 

Independence according to the Swedish Corporate Governance Code

All proposed board members, except Göran Bengtsson, are considered
independent in relation to the bank and the management of the bank. All
proposed board members are considered independent in relation to the major
shareholders of the bank.

 

"Swedbank´s Board of Directors is functioning well under the leadership of
Göran Persson and the board members' competences have developed further over
the year. Bengt-Erik Lindgren has declined re-election, and the Nomination
Committee would like to thank him for his contributions to the Board of
Directors," says Lennart Haglund, Chair of the Nomination Committee.

 

The Nomination Committee proposes that the lawyer Wilhelm Lüning is appointed
Chair of the Annual General Meeting 2024.

 

The Nomination Committee consists of the following members: Lennart Haglund,
Chair, (Sparbankernas Ägareförening), Ylva Wessén (the owner-group
Folksam), Anders Oscarsson (AMF and AMF Funds), Annette Björkman (the
owner-group Sparbanksstiftelserna), Peter Lundkvist (Tredje AP-fonden), and
Göran Persson (Chair of the Board of Directors of Swedbank).

 

The entire proposal of the Nomination Committee, including proposal on
remuneration for board members and auditors, Principles on how the Nomination
Committee shall be appointed and Instruction for the Nomination Committee,
will be presented in connection to the convening notice for the Annual General
Meeting and be available on Swedbank's website.

 

Swedbank's Annual General Meeting will take place on 26 March 2024.

 

For further information, please contact:

Lennart Haglund, Chair of the Nomination Committee, telephone: +46 705 575
129.

 

Swedbank empowers the many people and businesses to create a better future.
Our vision is a financially sound and sustainable society. Swedbank Group is
the leading bank with over 7 million retail customers and 550 000 corporate
customers in our four home markets Sweden, Estonia, Latvia and Lithuania.
Swedbank Group is also present in other Nordic countries, the U.S. and China.
Together we make your financial life easier. Find out more: www.swedbank.com

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