Nominating committee

The nominating committee shall submit proposals regarding the number of board members, the election of the chair and other members of the board, fees and other remuneration to the board members and to members of the board's committees, the number of auditors, the election of auditors, fees to auditors, the election of the chair of the annual general meeting, a resolution on amendments to the principles for appointing the nominating committee, a resolution on instructions for the nominating committee (if applicable), and remuneration to the members of the nominating committee.

When preparing its proposal for the board, the nominating committee shall take part of the board's evaluation of its work and consider the requirements on the board's composition that follow from the Swedish Companies Act and Nasdaq First North Growth Market's rulebook for issuers. The nominating committee shall further strive for an even distribution between gender, age and ethnic origin as well as competence focused on corporate governance and experience — both financial and with respect to risk management — from financial operations. The nominating committee should also consider the requirements that the Code places on the size and composition of the board, meaning among other things that the nominating committee shall specifically justify its proposal for board election with regard to the Code's requirements on versatility and breadth on the board and that an even gender distribution shall be sought.

When preparing its proposal for auditors, the nominating committee shall consider the requirements on auditors that follow from the Swedish Companies Act. When preparing its proposal for a resolution on principles for appointing the nominating committee and a resolution on instructions for the nominating committee, the nominating committee should consider the requirements that the Code places on such a resolution. The requirements on the nominating committee's composition set out in the Code should also be considered.

The nominating committee's proposals are presented in the notice of the annual general meeting and here on the website under the heading General meetings.