In accordance with the decision by the Annual General Meeting in April 2008, Electrolux shall have a Nomination Committee consisting of six members. The members should be one representative of each of the four largest shareholders in terms of voting rights, together with the Chairman of the Electrolux Board and one additional Board member.
The members of the Nomination Committee have now been appointed based on the ownership structure as of April 30. Petra Hedengran, Investor AB, is the Chairman of the committee. The other owner representatives are Ramsay J. Brufer, Alecta Pension Insurance; Marianne Nilsson, Swedbank Robur Funds and Anders Oscarsson, SEB Investment Management. The committee will also include Marcus Wallenberg and Peggy Bruzelius, Chairman and Deputy Chairman, respectively, of Electrolux.
The Nomination Committee will prepare proposals for the AGM in 2009, regarding Chairman of the AGM, Board members, Chairman of the Board, remuneration for Board members and the procedure for electing Nomination Committee for the following year.
The Annual General Meeting of AB Electrolux will be held on March 31, 2009, at the Berwald Hall, Dag Hammarskjölds väg 3, Stockholm, Sweden.
Shareholders who wish to submit proposals to the Nomination Committee should send an email to firstname.lastname@example.org
For further information contact Electrolux Media Hotline on +46 8 657 65 07
Electrolux is a global leader in home appliances and appliances for professional use, selling more than 40 million products to customers in 150 countries every year. The company focuses on innovations that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, vacuum cleaners and cookers sold under esteemed brands such as Electrolux, AEG-Electrolux, Eureka and Frigidaire. In 2007, Electrolux had sales of SEK 105 billion and 57,000 employees. For more information, visit http://www.electrolux.com/press
Electrolux may be required to disclose the information provided herein pursuant to the Securities Market Act.