Nomination Committee

At the Annual General Meeting held on 24 April 2018, the Annual General Meeting resolved to adopt principles for the appointment of the Nomination Committee.

Principles

According to these principles, the Nomination Committee shall be formed no later than the last banking day of September, after the Chairman of the Board has identified the three shareholders with the largest number of votes. These three shareholders will then be entitled to appoint a member each to the Nomination Committee.

If either of the shareholders with the largest number of votes waives their right to appoint a member of the Nomination Committee, the shareholder with the next largest shareholding shall be offered the opportunity to appoint a member. Together with the Chairman of the Board, these three owner representatives shall constitute the Company’s Nomination Committee.

The Nomination Committee submits proposals to the Annual General Meeting regarding the Chairman of the Annual General Meeting, the number of Board members to be elected at the Annual General Meeting, the Chairman of the Board and the other Board members to be elected at the Annual General Meeting, and fees and other remuneration to each of the Board Members elected at the Annual General Meeting and to the members of the Board of Directors’ committees.

The Nomination Committee shall further submit proposals for the appointment of auditors, fees to the auditors, the election of the Nomination Committee or, alternatively, a decision regarding the principles for the appointment of a Nomination Committee and the adoption of an instruction for the Nomination Committee, and remuneration to the members of the Nomination Committee.

Shareholders who wish to contact the Nomination Committee may send an e-mail to Malin Alevåg, malin.alevag@collector.se  (mail heading “To the Nomination Committee”) or a letter to Collector Nomination Committee, Collector AB, Box 119 14, SE-404 39 Gothenburg, Sweden.

Shareholders who wish to submit a proposal for consideration at the AGM should send such proposal to the Chairman of the Board (at the above address) in good time prior to publication of the notice of the meeting.

Remuneration Committee

The Board of Directors has appointed a Remuneration Committee. The Remuneration Committee’s main area of responsibility is to prepare certain matters for adoption by the Board of Directors, including remuneration principles, salaries and other remuneration to the CEO and other members of the Group management, and to monitor and evaluate targets and principles for variable remuneration and long-term incentive programmes. The Remuneration Committee is also tasked with proposing guidelines for remuneration to members of the Group’s senior management. The Remuneration Committee shall comprise at least two Board members appointed by the General Meeting. The current Remuneration Committee is composed of the following Board members: 

  • Erik Selin (Chairman)
  • Lena Apler
  • Christoffer Lundström

Audit Committee

The Board of Directors has appointed an Audit Committee. The main task of the Audit Committee is to monitor the company’s financial reporting and ensure that the principles adopted for financial reporting, internal auditing and risk assessment are applicable and complied with. The Audit Committee is also tasked with supporting the Nomination Committee with proposals for the appointment of external auditors and audit fees. Collector’s Audit Committee shall comprise at least three Board members. The current Audit Committee is composed of the following Board members: 

  • Erik Selin, Chairman
  • Helena Levander
  • Johannes Nyberg

[1] If there are major changes in the ownership after the Nomination Committee has been composed, adjustments to the composition of the Nomination Committee can be made, according to the detailed terms and conditions that follow from the principles for the appointment of the Nomination Committee and the instructions for the Nomination Committee of Collector.