THE VATTENFALL AB BOARD OF DIRECTORS

Transcription

1 THE VATTENFALL AB BOARD OF DIRECTORS The following persons are proposed to be elected as director at the Vattenfall AB Annual General Meeting None of the proposed directors has any work performed for the company or holds shares and other financial instruments in the company (neither directly nor by related natural or legal persons). In accordance with the Swedish state s ownership policy, no report is made on the directors independence. RE-ELECTION Lars G Nordström Chairman of the Board. Born Education: Law studies Other assignments: Chairman of the Finnish-Swedish Chamber of Commerce. Deputy Chairman of Nordea Bank. Board member of Viking Line Abp, the Swedish- American Chamber of Commerce and SNS. Member of the Royal Swedish Academy of Engineering Sciences (IVA). Honorary Consul for Finland in Sweden. Previous positions: Board member of TeliaSonera ( ). Chairman of the Royal Swedish Opera ( ). President and CEO of Posten Norden AB ( ). Various executive positions with Nordea Bank ( ), including as President and Group CEO ( ). Various positions with Skandinaviska Enskilda Banken ( ), including as Executive Vice President ( ). Elected: 2011 Committee assignment: Member of the Remuneration Committee Fredrik Arp Born 1953 Education: B.Sc. Econ. Honorary Doctor of Economics. Other assignments: Chairman of Nolato AB. Board member of Swedfund and Nuevolution AB. Previous positions: President and CEO of Volvo Car Corporation ( ). CEO of Trelleborg AB ( ), PLM AB ( ), Trelleborg Industrier AB ( ) and Boliden Kemi AB ( ). Various positions in Trelleborg AB ( ) and Tarkett ( ). Elected: 2014 Committee assignment: Audit Committee chair

2 Viktoria Bergman Born 1965 Education: Communication Executive Program at IFL/ Stockholm School of Economics. Berghs School of Communication. Other assignments: Chairman of the board of Galber AB. Board member of Diab Group AB and Trianon AB. Previous positions: Member of Group Management and Senior Vice President Stakeholder Management & Corporate Sustainability E.ON Nordic, Board member E.ON Försäjning, E.ON Kundsupport and E.ON Smart Living ( ). Positions in Trelleborg Group ( ), member of Group Management and Senior Vice President Corporate Communications Trelleborg Group ( ). Various positions in Falcon Breweries/ Unilever ( ), Cerealia Group ( ). Elected: 2015 Committee assignment: Member of the Remuneration Committee Håkan Erixon Born 1961 Education: B.Sc. International Business Administration and Economics Other assignments: Chairman of the board Capacent Holding AB and Hemnet Sverige AB. Board member of Alfvén & Didrikson Invest AB. Previous positions: Chairman of the board Orio AB (publ) (formerly Saab Automobile Parts AB) ( ). Member of the Nasdaq OMX Stockholm AB Listing Committee ( ). Senior Advisor, Corporate Finance, Swedish Government Offices, which included work for the Swedish National Debt Office ( ). Board member of Carnegie Investment Bank AB ( ). Board member of Vasakronan AB ( ). Various positions with UBS Investment Bank Ltd, London ( ), including Vice Chairman of the Investment Banking Division. Various positions with Merrill Lynch International Ltd, London ( ). Kansallis-Osake-Pankki, London ( ). Citicorp Investment Bank Ltd, London ( ). Elected: 2011

3 Tomas Kåberger Born 1961 Education: M Sc Engineering Physics. Ph D Physical Resource Theory. Associate professor (Docent), Environmental Science. Current position: Professor, Chalmers University of Technology, Industrial Energy Policy. Other assignments: Chairman of the board of Renewable Energy Institute, Tokyo. Vice chairman of National Swedish Forest Agency. Board member of Sustainable Energy Angels AB. Senior Advisor GEIDCO, Beijing Previous positions: Professor Lund University, International Sustainable Energy Systems ( ). Director General, Swedish Energy Agency ( ) Elected: 2015 Jenny Lahrin Born 1971 Education: Master of Laws. Executive MBA. Current position: Investment Director and Deputy Head of Division, Division for State- Owned Enterprises, Ministry of Enterprise and Innovation. Other assignments: Board member of AB Göta kanalbolag. Previous positions: Board member of SOS Alarm Sverige AB (2015L2016). Board member of Swedavia AB (2012L2015). Board member of RISE Research Institutes of Sweden AB (2012L2013), Legal Counsel at the Division for State-Owned Enterprises, Ministry of Enterprise/Ministry of Finance (2008L2012). Legal Director at Veolia Transport Northern Europe AB (2003L2008) and admitted to the bar association (2001L2002). Elected: 2013

4 Fredrik Rystedt Born 1963 Education: B.Sc. Economics Current position: Executive Vice President and CFO, Essity Aktiebolag (publ). Other assignments: Board member Vinda International Holdings Limited. Previous positions: Executive Vice President and Chief Financial Officer, Country Senior Executive, Nordea Sweden ( ). Chief Financial Officer Electrolux Group ( ). Chief Financial Officer ( ) and Head of Business Development ( ) Sapa Group. Various positions in the Electrolux Group ( ), including as Vice President and Head of Mergers & Acquisitions ( ), Director of Mergers & Acquisitions ( ) and Managing Director of Svensk Inkassoservice, an Electrolux finance company ( ). Elected: April 2017 Åsa Söderström Winberg (previously Jerring) Born 1957 Education: B. Sc. Econ. Other assignments: Chairman of the board of Delete OY and Scanmast AB. Board member of JM AB, FIBO AS, OEM International AB, Nordic Home Improvement AB and Balco Group AB. Member of the Royal Swedish Academy of Engineering Sciences (IVA). Previous positions: President SWECO Theorells AB (2001L2006) and Ballast Väst AB (1997L2001). Marketing Manager NCC Industry (1994L1997), and Communications Manager NCC Bygg AB (1991L1993). Elected: 2013 Committee assignment: Remuneration Committee chair

5 AUDITOR IN VATTENFALL AB The registered accounting firm Ernst & Young AB, registration number , is proposed to be re-elected as auditor in Vattenfall AB. The accounting firm will, at the Annual General Meeting, inform who has been appointed as auditor-in-charge. The Audit Committee has provided the following recommendation: The performance of the auditor s work during 2017 has been evaluated by management and the Audit Committee as being satisfactory. The Audit Committee therefore recommends the Board to recommend that the Annual General Meeting (AGM) 2018 appoints Ernst & Young AB to serve as auditor for the time until the conclusion of the AGM 2019 and that fees should be paid as per approved invoice and in accordance with the applicable contract. The Board has resolved to recommend the AGM to appoint Ernst & Young to serve as auditor for the time until after the AGM 2019, and that fees shall be paid for the auditor s work as per approved invoice.