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Election committee

The Election Committee is responsible for making proposals to the Annual General Meeting on the composition of the Board of Directors. Nominations to the Election Committee are made by major shareholders in the company, whereby the four largest shareholders in terms of votes in the company as of the last banking day in February are entitled to nominate one member each.

The Election Committee ahead of the 2025 AGM

The AGM in May 2024 resolved that the Election Committee ahead of the 2025 Annual General Meeting will consist of:

  • Peter Hofvenstam, Chairman (nominated by Nordstjernan)

  • Stefan Hedelius (nominated by Tom Hedelius)

  • Jens Joller (nominated by Ampfield Management)

  • Claes Murander (nominated by Lannebo Fonder)

Instruction to the election committee in Momentum Group

At the Annual General Meeting on 11 February 2022, the following instruction to the election committee in Momentum Group was adopted.

Election Committee members are to be nominated by the major shareholders in the company, whereby the four (4) largest shareholders in the company according to the shareholders’ register maintained by Euroclear Sweden on the last banking day in February, are entitled to nominate one member each. If fewer than four (4) members are nominated in accordance with the above, up to three (3) additional shareholders, who are the next largest in terms of number of votes held, are to be contacted to nominate a member. If fewer than three (3) members are nominated thereafter, other shareholders are to be offered, on the basis of voting rights, to nominate one member until a total of three (3) members have been nominated. The shareholder controlling most votes in the company is entitled to nominate the Chairman of the Election Committee. The Chairman of the Board is to be a co-opted member of the Election Committee (without voting rights) and coordinate the nomination procedure.

The nominated members (including the Chairman of the Election Committee) shall be elected as members of the Election Committee by the company’s Annual General Meeting for the period up until the end of the next Annual General Meeting. The notice for the Annual General Meeting shall include the names of the nominated members. If the ownership structure changes during the term of the Election Committee, the composition of the Election Committee may be changed to reflect this. Changes to the composition of the Election Committee shall be announced as soon as possible. 

The Election Committee is to prepare and submit to the Chairman of the Board the Election Committee’s proposals for election of the Chairman of the General Meeting, election of the Chairman of the Board of Directors and other Board members, resolution regarding Board fees (distributed between the Chairman and other Board members as well as remuneration for Committee work), election of auditor and resolution regarding auditor fees and, if deemed necessary, resolution regarding changes in the Election Committee’s instructions. Shareholders are given the opportunity to address the Election Committee with nomination proposals. 

The Election Committee’s proposals shall be included in the notice to the Annual General Meeting. In connection with the Board of Director’s issuance of the notice of the Annual General Meeting, the Election Committee shall ensure that the company publishes the Election Committee’s proposals and reasoned opinion as well as information on how the Election Committee has conducted its work on the company’s website.

Complete instructions for the Election Committee

Contact the Election Committee

The Election Committee can be contacted via e-mail: ir@momentum.group or via the company’s post address:

Attention Election Committee
Momentum Group AB
Östermalmsgatan 87E
SE-114 59 Stockholm