7. Nomination Committee

Kitron’s Nomination Committee is stated in the Articles of association. The committee shall have three members, including the head of the committee. The General Meeting elects the head and the members of the Nomination Committee and determines its remuneration. The General Meeting has resolved a mandate and stipulated guidelines for the duties of the Nomination Committee that is compliant with the Code. The members of the Nomination Committee are elected for a period of up to two years.

The nomination committee shall submit proposals to the Annual General Meeting in respect of the following matters:
-          Propose candidates for election to the Board of Directors
-          Propose candidates for election to the Nomination Committee
-          Propose the fees to be paid to the members of the Board of Directors
-          Propose the fees to be paid to the members of the Nomination Committee

Mandate for the Nomination Committee

Composition
The committee shall have two or three members, including the head of the committee. At the composition of the Nomination Committee, the interests of the shareholders will be taken into account, as well as the members’ independence of the Board and of the Executive Management.

The Nomination Committee members
After the Extraordinary General Meeting 12 January 2017, the nomination committee has the following members:

  • Hans-Jørgen Wibstad, voted chair of the nomination committee and elected until the Annual General Meeting in 2017
  • Erik Törnberg, elected at Extraordinary General Meeting 12 January 2017 until the Annual General Meeting in 2017
  • Ola Wessel-Aas, elected at Extraordinary General Meeting 12 January 2017 until the Annual General Meeting in 2017

The committee’s members are independent of the Kitron’s management and the Board.

Submitting proposals to the Nomination Committee
Deadline for submitting proposals to the Nomination Committee is four weeks prior to General Meeting Notice.

Submit your proposal to Nomintation Committee