Sandvik AB - Nomination Committee's proposal for Board of Directors for the 2022 Annual General Meeting

Rhea-AI Summary

The Nomination Committee of Sandvik AB has proposed the re-election of Board members including Jennifer Allerton, Claes Boustedt, and Johan Molin, who is also suggested to continue as Chairman. This decision is a part of the preparations for the Annual General Meeting scheduled for April 27, 2022. The committee includes representatives from major stakeholders like AB Industrivärden and Swedbank Robur Funds. Further proposals will be disclosed in the official meeting notice.

Positive

• Re-election of experienced Board members, potentially ensuring continuity in leadership.
• Johan Molin's re-election as Chairman may bring stability to the Board.

Negative

• None.

SANDVIKEN, Sweden, Jan. 28, 2022 /PRNewswire/ -- The Nomination Committee of Sandvik AB proposes the re-election of the Board members Jennifer Allerton, Claes Boustedt, Marika Fredriksson, Johan Molin, Andreas Nordbrandt, Helena Stjernholm, Stefan Widing and Kai Wärn. Johan Molin is proposed to be re-elected Chairman of the Board.

The Nomination Committee's other proposals will be made public in the notice convening the Annual General Meeting of Sandvik AB. The Meeting will be held on April 27, 2022.

The Nomination Committee consists of its Chairman Fredrik Lundberg (AB Industrivärden), Anna Magnusson (Alecta), Marianne Nilsson (Swedbank Robur Funds), Lars Pettersson (Lundbergs) and Johan Molin (Sandvik's Chairman of the Board).

Further information can be obtained from the Nomination Committee's Chairman.

Stockholm, January 28, 2022

Sandvik AB

Contact:

Johannes.hellstrom@sandvik.com  
+46 707211008

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sandvik/r/sandvik-ab---nomination-committee-s-proposal-for-board-of-directors-for-the-2022-annual-general-meet,c3493565

The following files are available for download:

https://mb.cision.com/Main/208/3493565/1526033.pdf

Sandvik AB - Nomination Committee’s proposal for Board of Directors for the 2022 Annual General Meeting

View original content:https://www.prnewswire.com/news-releases/sandvik-ab---nomination-committees-proposal-for-board-of-directors-for-the-2022-annual-general-meeting-301470651.html

SOURCE Sandvik

FAQ

What is the significance of the Nomination Committee's proposal for Sandvik AB's Board of Directors?

The proposal indicates continuity and stability in leadership, which can positively influence investor confidence.

When is the Annual General Meeting for Sandvik AB scheduled?

The Annual General Meeting is scheduled for April 27, 2022.

Who has been proposed to continue as Chairman of the Board for Sandvik AB?

Johan Molin has been proposed for re-election as Chairman of the Board.

Who are the members nominated for re-election in Sandvik AB?

The nominated members include Jennifer Allerton, Claes Boustedt, Marika Fredriksson, Johan Molin, Andreas Nordbrandt, Helena Stjernholm, Stefan Widing, and Kai Wärn.