Nomination committee

The nomination committee shall, in accordance with the principles for the nomination committee adopted at the annual general meeting held on 15 May 2019, consist of four members, whereof three shall be appointed by Storytel’s three largest shareholders (by number of votes). As soon as possible after the end of the third quarter, the Chairman of the board should contact the three largest shareholders that are registered.

If one of the three largest shareholders does not want to exercise the right to appoint a member of the nomination committee, the fourth largest shareholder should be offered that right. If multiple shareholders do not exercise the right to appoint members of the nomination committee, the chairman of the board has no obligation to contact more than eight shareholders, unless that is necessary to fill the three seats.

Unless otherwise decided within the nomination committee, the member appointed by the largest shareholder is the chairman of the nomination committee. A board member should never be chairman of the nomination committee.

The task of the nomination committee before the next annual meeting is to suggest:

  • a chairman at the annual meeting;
  • candidates for the chairman position and other members of the board;
  • board remuneration and other remuneration for board work to each board member;
  • remuneration to members of different committees within the board;
  • choice of, and remuneration to, auditor; and
  • principles for the nomination committee.

For complete information of the nomination committee’s assignment, please see the principles for the nomination comittee included in the notice to attend the annual general meeting 2019 (as found HERE)

The composition of the nomination committee for the annual general meeting 2020 is, besides the chairman of the board, Rustan Panday:

Percent of share capital as of 1 Oct 2019 Number of shares Shareholder: Representative:
19,74% 11 025 316 Roxette Photo NV Lars Bergkvist, chairman of the nomination committee
9,76% 5 454 898 Handelsbanken Fonder Oscar Karlsson,
8,95% 5 000 000 Jonas Tellander Jonas Tellander

Storytel’s annual general meeting 2020 will be held in Stockholm on 6 Maj 2020. Proposals from shareholders to the nomination committee may be sent to: investorrelations@storytel.com, on 30 January 2020 at the latest.