Board Committees

To improve the efficiency of the Board work, the Board has appointed a Remuneration Committee and an Audit Committee. The Committees prepare recommendations to the Board and submit proposals on issues that require the Board’s approval. The Committees also continuously report to the Board on their work.

Audit Committee

The Audit Committee supports the Board in meeting its obligations relating to financial reporting, internal control, audit, operational risk management and compliance. The Committee ensures that the company has procedures in place to comply with laws and regulations, including financial accounting standards and requirements for listed companies. It also monitors the work on risk management and preparations for the EU's Corporate Sustainability Reporting Directive (CSRD). The Committee evaluates external audits, supports the Nomination Committee in connection with the election of auditors and conducts annual reviews of the scope of the audit. Since the 2024 AGM, the Committee is composed of Carl Mellander (Chairman), Charlotta Falvin and Per Norman.

Remuneration Committee

The Remuneration Committee supports the Board in drawing up proposals for remuneration and in regularly monitoring and evaluating remuneration structures and levels for the CEO, other members of Group Management and other remuneration structures in the company. As from the Extraordinary General Meeting in January 2025, the Committee consists of Per Norman (Chairman), John Elvesjö and Henrik Eskilsson.