Nomination committee 2010

In accordance with the decision by the Annual General Meeting in April 2009, 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 2010 and shall be based on the known number of votes as of August 31, 2009. 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 2009, 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 2010 are

Petra Hedengran, Investor AB (chairman)
Claes Boustedt, LE Lundbergföretagen
Ramsay Brufer, Alecta
Torgny Wännström, AFA Försäkring
Lars Westerberg, Chairman of Husqvarna.

As of August 31, 2009, Investor's shareholding in Husqvarna corresponded to 28.9% of the voting rights in the company, Lundbergföretagen's to 14.1%, Alecta's to 6.6%, and AFA's to 2.2%. The Nomination Committee will prepare proposals for the AGM in 2010, including proposals for election of Board members, fees to Board members, fees to the auditors, and the tasks and composition of the Nomination Committee for the AGM in 2011.

Proposals to Nomination Committee

Shareholders who wish to submit proposals to the Nomination Committee should send an email to nominationcommittee@husqvarnagroup.com

Tasks

The Nomination Committee's tasks include preparing a proposal to the AGM 2010 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 2011