In line with the principles adopted by Volvo Cars’ Annual General Meeting and based on the shareholder information as of 1 September 2022 the Nomination Committee for Volvo Cars’ Annual General Meeting 2023 has been appointed and its members are:
The Nomination Committee represents approximately 87 percent of the total voting rights of Volvo Car AB based on the ownership structure as of 1 September 2022.
Tom Johnstone will be the Chairperson of the Nomination Committee. In relation to this appointment, Tom Johnstone has advised that he will not be up for re-election in Volvo Cars’ Board of Directors, where he is currently a member.
The Annual General Meeting of Volvo Car AB will be held on Monday 3 April 2023 in Gothenburg.
The Nomination Committee is assigned to make proposals to the General Meeting in respect of the Chairperson at the General Meeting, elections of Board members and chairperson of the Board, remuneration of each Board member, election of auditor and remuneration to the auditor and, to the extent deemed necessary, proposals for amendments to the instruction for the Nomination Committee.
Shareholders, who wish to submit proposals to Volvo Cars’ Nomination Committee, may do so by e-mail to: NominationCommittee@volvocars.com or by ordinary mail to the address: Volvo Car AB, At: Nomination Committee, Dept. 50090, VAK HB3S, 405 31 Gothenburg, Sweden. Proposals will have to be received no later than 15 November 2022 to be processed by the Nomination Committee.