In accordance with the applicable nomination process as adopted by the Annual General Meeting, Clas Ohlson’s Nomination Committee shall comprise the Chairman of the Board and four members representing the four largest registered owners or shareholders known in some other manner. The Haid and Tidstrand families are to appoint one member each to the Nomination Committee.
Prior to the 2012 Annual General Meeting, Clas Ohlson's Nomination Committee will comprise the following members:
• Anders Moberg, Chairman of the Board of Clas Ohlson
• Carl von Schantz, representing the Haid owner family
• Göran Sundström, representing the Tidstrand owner family
• Johan Held, AFA Försäkring (Chairman of Clas Ohlson’s Nomination Committee)
• Johan Ståhl, Lannebo Fonder
The Nomination Committee’s assignment is to present proposals concerning the election of the Chairman of the Board and other Board members, as well as fees and other remuneration for Board assignments to be paid to each of the Board members and the auditor. The Nomination Committee shall also submit proposals concerning the Chairman of the Annual General Meeting.
The composition of the Nomination Committee is based on the owner relationship at 30 September 2011. The Nomination Committee represents about 60 per cent of the total number of company shares (votes). The above Nomination Committee will serve until a new Nomination Committee has been elected.
The Annual General Meeting will be held at Insjön on 8 September 2012.
Shareholders who wish to submit proposals to the Nomination Committee can do so by e-mail to: firstname.lastname@example.org (email@example.com) or by post to: Clas Ohlson AB, Valberedningen, SE-793 85 Insjön.
For more information, please contact:
John Womack, Director of Information & IR, Mobile: +46 (0)247-444 05
Clas Ohlson was founded in 1918 as a mail order business based in the Swedish village of Insjön, Dalarna. Today, the company has 154 stores in four countries and sales via Internet and mail order. Clas Ohlson helps its customers solve everyday practical problems with a range of affordable products in the Hardware, Home Multimedia, Electrical and Leisure categories. The company is listed on the NASDAQ OMX Nordic Exchange and has approximately 4,000 employees. For further information about Clas Ohlson, visit http://about.clasohlson.com