Nomination Committee

According to the Code, the Company shall have a nomination committee which duties shall include the preparation and drafting of proposals regarding the election of members of the board of directors, the chairman of the board of directors, the chairman of the general meeting and auditors. The nomination committee shall also propose fees for the board members and the auditors. At the shareholders’ meeting held on June 1, 2018, it was resolved to establish a nomination committee and to adopt principles for the nomination committee according to which the nomination committee for the annual general meeting 2019 shall comprise of four members representing the three largest shareholders after the end of the third quarter of 2018, together with the chairman of the board of directors. The largest shareholders refers to the registered shareholders or otherwise known shareholders after the end of the third quarter. Before accepting an invitation to join the nomination committee, a member must carefully consider whether there is a conflict of interest.

Prior to the Annual General Meeting 2019, IRRAS AB appoints a Nomination Committee which represents approximately 40 percent of the number of shares and votes in the company based on the last known shareholder information.

The Nomination Committee, whose tasks include providing proposals to the General Meeting regarding Chairman of the Meeting, Board members, Chairman of the Board, fees for the board members, any remuneration for committee work, proposal for and fees to the company’s auditor as well as principles for composition of the Nomination Committee, comprises:

  • Christer Hellström, Bacara Holdings Ltd, also chairman of the nomination committee,
  • Marios Fotiadis, Lexington Holding Assets Ltd,
  • Christos Panotopoulos, F.EX Endotherapy Ltd,
  • Anders P. Wiklund, chairman IRRAS AB.

The Nomination Committee’s proposals will be presented in the Notice to the Annual General Meeting 2019 and on IRRAS’ website, www.irras.com.

Shareholders who want to submit proposals to the Nomination Committee, can do this by sending an e-mail to info@irras.com (subject “Nomination Committee”) or by letter posted to “IRRAS Nomination Committee”, IRRAS AB, Vasagatan 16., SE-111 20 Stockholm, Sweden, by February 15, 2019 at the latest.

The Annual General Meeting 2019 in IRRAS will be held on Tuesday, May 14, 2019. Shareholders who want to have a matter addressed at the Annual General Meeting 2019 must submit such a proposal to the same address as above (subject “Annual General Meeting 2019” for the e-mail and the letter, respectively) by March 15, 2019 at the latest.