The Nomination Committee shall consist of representatives of the three largest shareholders.
The Annual General Meeting decided that the The Nomination Committee shall be composed of members, representing the three largest shareholders in terms of voting rights registered in the shareholders’ register maintained by Euroclear Sweden as of 31 August each year, together with the Chairman of the Board. The Chairman of the Board shall also call the Nomination Committee to its first meeting. The member that represents the largest shareholder in terms of voting rights shall be chosen as Chairman of the Nomination Committee. The Chairman of the Nomination Committee shall be the spokesperson of the Nomination Committee.
A change in the composition of the Nomination Committee shall immediately be publicly announced. The composition of the Nomination Committee shall be publicly announced six months prior to each Annual General Meeting. No remuneration fee shall be paid out to members of the Nomination Committee. The Nomination Committee shall prepare proposals regarding the election of chairman of the General Meeting, members of the Board of Directors, Chairman of the Board, auditor, fees for the members of the Board including division between the Chairman and the other Board members, as well as fees for committee work, fees to the Company’s auditor and changes of the instructions to the Nomination Committee.
Nomination Committee ahead of the 2025 Annual General Meeting
The Nomination Committee ahead of the 2025 Annual General Meeting comprises:
- Niklas Bogefors, appointed by Lars Svensson
- Johan Ståhl, appointed by Svolder AB
- Emma Englén, appointed by Spiltan Fonder AB
- Rickard Blomqvist, in his capacity as Chairman of the Board of GARO AB
Niklas Bogefors has been appointed as Chairman of the Nomination Committee.
Shareholders who wish to submit proposals to the Nomination Committee can send an e-mail to [email protected]. For the Nomination Committee to be able to handle proposals received in a constructive manner, such proposals should have been received by the Nomination Committee by 26 March 2025, at the latest, i.e. seven weeks before the Annual General Meeting held on 14 May 2025.
For more information, please contact the Chairperson of the Nomination Committee:
Niklas Bogefors, +46 (0)40-698 58 71
GARO AB (publ) Corp. Reg. No. 556071–7772 is a company that develops, manufactures and markets innovative products and systems for the electrical installations market under its own brand. GARO’s customer offering is to provide complete solutions in the product areas of Electrical distribution products, E-mobility, Project business & Temporary Power with a focus on electrical safety, user-friendliness and sustainability. GARO was founded in 1939, has its head office in Gnosjö and is today an international company with operations in six countries with around 500 employees. The company’s production units in Sweden are located in Gnosjö and Värnamo, as well as in Szczecin, Poland. GARO is listed on Nasdaq Stockholm under the ticker name GARO. For more information, see www.garo.se