Nomination Committee’s proposal to Sectra’s 2020 Annual General Meeting
Linköping, Sweden, July 3, 2020 – Ahead of the Annual General Meeting (AGM), the Nomination Committee of the international medical imaging IT and cybersecurity company Sectra (STO: SECT B) has resolved to propose the reelection of all current Board members. Additionally, the Nomination Committee proposes the election of new Board member Fredrik Robertsson, Group Chief Security Officer of Ericsson, who has a previous background as a Major General and Chief Information Officer (CIO) in the Swedish Armed Forces. The Nomination Committee also proposes the election of Ernst & Young AB as the new public accounting firm for the company until the close of the 2021 AGM.
The Nomination Committee proposes that the Board of Directors should comprise eight Board members with no deputies. The reelection is proposed of Jan-Olof Brüer, Anders Persson, Christer Nilsson, Tomas Puusepp, Torbjörn Kronander, Birgitta Hagenfeldt and Jonas Yngvesson, as well as the reelection of Jan-Olof Brüer as Chairman of the Board. A presentation of the current members is available on investor.sectra.com/board-of-directors.
It is proposed that Fredrik Robertsson, born 1967, be elected as a new Board member. Fredrik Robertsson will bring his skills, contact network and valuable knowledge within cybersecurity, signaling protection and Sectra’s customer environment to the Board. For more information about Fredrik Robertsson, refer to the Nomination Committee’s motivated statement, available at the company’s website, investor.sectra.com/agm2020.
The proposed remuneration remains unchanged at SEK 225,000 to each of the Board’s external members and at SEK 450,000 to the Chairman of the Board. For the Audit Committee, the proposed remuneration remains unchanged at SEK 50,000 to each of the Board’s external members and at SEK 100,000 to the Audit Committee Chairman. No separate fees are proposed for Remuneration Committee work.
When considering the proposal for the election of auditors and fees for audit work, the Nomination Committee was assisted by the Audit Committee. The Nomination Committee proposes the election of Ernst & Young AB at the 2020 AGM as the new public accounting firm for the company until the close of the 2021 AGM. Ernst & Young AB has announced that if the AGM approves the proposal, the Authorized Public Accountant Andreas Troberg will be Auditor in Charge. The Nomination Committee also proposes auditors’ fees be paid in accordance with approved invoices.
The Nomination Committee proposes that the principles for appointing the Nomination Committee as laid down at the 2019 AGM shall continue to apply, but that these principles will be supplemented with directives governing how the Nomination Committee is to conduct its work. It is further proposed that resolutions on principles governing the composition of the Nomination Committee and directives for its activities will not be made every year, but only when changes are necessary.
The Nomination Committee for Sectra AB (publ) was established after a decision at the 2019 AGM and consists of Torbjörn Kronander, Carl-Erik Ridderstråle (Chairman) representing Jan-Olof Brüer, Jan Särlvik representing Nordea Investment Funds and Chairman of the Board Jan-Olof Brüer. The members of the Nomination Committee jointly represent 43% of the votes in Sectra AB. The Nomination Committee’s statement and information about the AGM scheduled for 8 September 2020 is available at investor.sectra.com/agm2020.
The information was submitted for publication, through the agency of the contact person set out below, at 08:15 a.m. (CET) on July 3, 2020.
Sectra assists hospitals throughout the world to enhance the efficiency of care, and authorities and defense forces in Europe to protect society’s most sensitive information. Thereby, Sectra contributes to a healthier and safer society. The company was founded in 1978, has its head office in Linköping, Sweden, with direct sales in 19 countries, and operates through partners worldwide. Sales in the 2019/2020 fiscal year totaled SEK 1,661 million. The Sectra share is quoted on the Nasdaq Stockholm exchange. For more information, visit https://sectra.com/.