Nomination committee 2009

In accordance with the decision by the Annual General Meeting in April 2008, Husqvarna shall have a Nomination Committee consisting of representatives of each of the four largest shareholders in terms of voting rights, and the Chairman of the Husqvarna Board.

Composition

The Nomination Committee shall consist of one representative of each of the four largest shareholders in the company with regard to the number of votes held, together with the Chairman of the Board of Directors.

The names of the four representatives and the names of the shareholders they represent shall be announced at the latest six months before the Annual General Meeting 2009 and shall be based on the known number of votes as of August 31, 2008. The term of office for the Nomination Committee shall be for the period until a new Nomination Committee has been appointed. Unless the members of the Nomination Committee agree otherwise, the Chairman of the Nomination Committee shall be the member that represents the largest shareholder with regard to the number of votes held. In accordance with the decision by the Annual General Meeting in April 2008, Husqvarna shall have a Nomination Committee consisting of representatives of each of the four largest shareholders in terms of voting rights, and the Chairman of the Husqvarna Board. The members of the Nomination Committee for the AGM in 2009 are:

Petra Hedengran, Investor AB (chairman)
Claes Boustedt, LE Lundbergföretagen AB
Ramsay Brufer, Alecta Mutual Pension Insurance
Anders Elsell, Investment AB Öresund
Lars Westerberg, Chairman of Husqvarna.

As of 29 August 2008, Investor's shareholding in Husqvarna corresponded to 28.7% of the voting rights in the company, Lundbergföretagen's to 12.7%, Alecta's to 6.1%, and Öresund's to 3.8%. The Nomination Committee will prepare proposals for the AGM in 2009, including proposals for Board members, fees to the Board members, fees to the auditors, and the tasks and composition of the Nomination Committee for the AGM in 2010.

Proposals to Nomination Committee

Shareholders who wish to submit proposals to Husqvarna's Nomination Committee should send:

Tasks

The Nomination Committee's tasks include preparing a proposal to the AGM 2009 regarding the following issues:

  • Chairman of the AGM
  • Board members
  • Chairman of the Board
  • Remuneration for Board members, including the Chairman, as well as remuneration for committee work
  • Auditors' fees
  • Nomination Committee for the next accounting year