Please note that this English translation is for information purposes only.
In case of any discrepancies between this version and the Swedish version of this information, the Swedish version shall prevail.
In accordance with a decision at HANZA Holding AB's last Annual General Meeting, a nomination committee consisting of four members shall be appointed prior to the 2020 AGM. The nomination committee shall consist of the Chairman of the Board of Directors, and three members appointed by the three largest shareholders, or ownership groups, in the company. Since Francesco Franzé is a member of the Nomination Committee both in capacity of being Chairman of the Board of Directors and as one of the largest shareholders, he has waived his right as one of the largest shareholders to nominate a member, for the benefit of the fourth largest shareholder, Ritter Beteiligungs GmbH.
The Nomination Committee for the 2020 AGM is now appointed and consists of the following members:
The members of the Nomination Committee are appointed by shareholders in HANZA Holding AB, who combined represent approximately 36 percent of the number of shares and votes in HANZA Holding AB as of 31 August 2019.
Francesco Franzé and Gerald Engström are board members of HANZA Holding AB and are both to be considered as dependent in relation to the company’s major shareholders. The constitution of the nomination committee is thus a deviation from the Swedish Code of Corporate Governance.
Francesco Franzé is a member of the Nomination Committee as Chairman of the Board in accordance with the principles for the constitution of the
Nomination Committee, which was adopted at the Annual General Meeting on 7 May 2019.
Färna Invest AB is the single largest shareholder in the Company and has appointed Gerald Engström as its representative in the Nomination Committee.
The constitution of the nomination committee is not deemed to affect its ability to perform the tasks that arrive at the nomination committee or to safeguard the interests of all shareholders. In view of this, it can be considered justified to deviate from the Swedish Code of Corporate Governance in this instance.
The Nomination Committee shall, prior to the 2020 AGM, submit proposals for resolutions on the following issues: Election of Chairman, Chairman of the Board, Board members, auditors, remuneration to the Board and auditors, and principles for the constitution of the Nomination Committee as well as undertakings ahead of the 2021 AGM.
HANZA’s AGM will be held in Stocksund on Monday, 27 April 2020. Shareholders who wish to submit proposals to the Nomination Committee can do so by e-mail to firstname.lastname@example.org, no later than 28 February 2020.
For further information please contact:
Francesco Franzé, Chairman of the Board of Directors, HANZA Holding AB (publ), tel +46 76 788 86 66
HANZA modernizes and streamlines the manufacturing industry. We create shorter lead time with more environmentally friendly processes and increase profitability for clients by bringing together different manufacturing technologies locally. Founded in 2008, HANZA today has an annual revenue of SEK 2.3 billion and operates in Sweden, Finland, Estonia, Germany, Poland, Czech Republic and China. Among HANZA’s clients are leading companies like ABB, Epiroc, Getinge, Saab Defense och Siemens. For more information visit www.hanza.com
The shares in HANZA are listed on Nasdaq Stockholm.
HANZA modernises and streamlines the manufacturing industry. By gathering different manufacturing technologies locally, we create shorter lead times, more environmentally friendly processes and increased profitability for our customers. HANZA was founded in 2008 and today has an annual revenue of SEK 2,3 billion with operations in Sweden, Finland, Germany, Estonia, Poland, Czech Republic and China. Among HANZA’s customers are leading companies like ABB, Epiroc, GE, Getinge, Oerlikon, SAAB and Siemens.
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