Nomination committee 2012

In accordance with the decision by Husqvarna’s Annual General Meeting on May 4, 2011, the members of the Nomination Committee for the 2012 AGM are to be appointed by the four largest shareholders in terms of voting rights in the company as of August 31, 2011. In addition, the Nomination Committee shall also include the Chairman of the Husqvarna Board.

The Nomination Committee has been appointed by Investor AB, LELundbergföretagenAB, Alecta Mutual Pension Insurance and Swedbank Robur fonder. Each has appointed one member, as shown below, who will form Husqvarna’s Nomination Committee together with the Chairman of the Husqvarna Board.

  • The Nomination Committee’s members:
  • Petra Hedengran (chairman), Investor AB
  • Claes Boustedt, LE Lundbergföretagen AB
  • Ramsay Brufer, Alecta Mutual Pension Insurance
  • Jan Andersson, Swedbank Robur fonder
  • Lars Westerberg, Chairman ofHusqvarnaAB

The Nomination Committee will prepare proposals for the AGM in 2012, including proposals for the Chairman of theAGM, Board members, Chairman of the Board, remuneration for Board members, fees to the auditors, and the tasks and composition of the Nomination Committee for the AGM in 2013.

The Annual General Meeting of Husqvarna AB (publ) will be held on 28 March 2012.

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 2012 and shall be based on the known number of votes as of August 31, 2011. 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 May 2011, 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 2012 are Petra Hedengran, Investor AB (chairman), Claes Boustedt, LE Lundbergföretagen, Ramsay Brufer, Alecta, Jan Andersson, Swedbank Robur fonder and Lars Westerberg, Chairman of Husqvarna. As of August 31, 2011, Investor's shareholding in Husqvarna corresponded to 30,0% of the voting rights in the company, Lundbergföretagen's to 20.5%, Alecta's to 7.2%, and Swedbank Robur fonder's to 2.0%.

The Nomination Committee will prepare proposals for the AGM in 2012, 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 2013.

Proposals to Nomination Committee

Shareholders who wish to submit proposals to the Nomination Committee should send an email, by 1 February 2012, to nominationcommittee@husqvarnagroup.com

Tasks

The Nomination Committee's tasks include preparing a proposal to the AGM 2012 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 2013