Nomination Committee

Based on the proposal of the Nomination Committee, the Annual General Meeting elects a Chair, other Board members and Auditors, and determines the fees paid to the Board members elected by the Annual General Meeting and to the Auditors.

The 2006 Annual General Meeting approved principles for appointing the Nomination Committee and determining its duties. The members of the Nomination Committee are announced no later than six months before the next Annual General Meeting.

The Annual General Meeting shall determine that a Nomination Committee shall be established, consisting of five Members. The Nomination Committee shall be in place until a new nomination committee has been appointed. The Chair of the Board, included as a Member of the Nomination Committee, shall contact the four shareholders or shareholders’ groups who have the largest shareholdings in the Bank, on the basis of known shareholders as of 30 September 2008. The Nomination Committee shall elect its own Chair, who shall not be the Chair of the Board. Members of the Nomination Committee shall not be entitled to be compensated by the Bank either for work or for costs incurred for the assignment. A member who retires from the Nomination Committee before its work is completed shall be replaced, if the Nomination Committee so decides, with another person who represents the same shareholder or from a shareholder which is next in
order of size.

The duties of the Nomination Committee shall be, where applicable, to submit recommendations to the next General Meeting for decisions regarding:

 

Shareholders who want to forward a proposal to the Nomination Committee shall submit a written proposal no later than 23 January, 2009 to the following address:
Nomination Committee
c/o Swedbank,
Att: The Secretary of the Nomination Committee H12
105 34 Stockholm

The proposals of the Nomination Committee will be presented in the invitation to the AGM and simultaneously on the web site of Swedbank.