After a significant renewal of the Board last year, during which Marianne Wittbom was appointed Chair and Mattias Ekholm and Johan Rafstedt joined the company's founder Kaj Lehtovaara, the Nomination Committee proposes the re-election of the entire Board for the 2025 Annual General Meeting.

Since the strategic relaunch initiated in 2021, the company has demonstrated sustained profitable growth, supported by an enhanced product portfolio, a streamlined production process, and a steadily expanding customer base.

The Board's broad expertise and strong commitment to leveraging the company's unique opportunities have been clearly evident. The proposal to re-elect all members is further reinforced by board member and founder Kaj Lehtovaara's recent decision to fully resume his responsibilities, which gives the Committee confidence that the company is well-positioned to continue its accelerated growth journey while maintaining profitability.

The Nomination Committee proposes that remuneration to the Board remain unchanged, with SEK 120,000 to be paid to the Chair of the Board and SEK 75,000 to each Board member not employed by the company.

The Nomination Committee also proposes that Frejs Revisorer be reappointed as the company's auditors for another one-year term. Frejs Revisorer has announced its intention to appoint Ulf Johansson as the responsible auditor.

Finally, the Nomination Committee proposes that the company's Chair of the Board, Marianne Wittbom, be elected to chair the Annual General Meeting on 28 May 2025.

Stockholm, 22 April 2025
Mattias Wachtmeister
Chair of the Nomination Committee