The 2016 Annual General Meeting of the Byggmax Group AB (STO:BMAX) tasked the Chairman of the Board of Directors to, annually and not later than the end of the third quarter every year, convene the three largest shareholders in the company, as registered at August 31 according to Euroclear Sweden AB, which are then each entitled to appoint one member of the Nomination Committee. In addition to the above, the Chairman of the Board is also a member of the Nomination Committee. The mandate period of the Nomination Committee extends until such time as a new Nomination Committee has been appointed.
The Nomination Committee is comprised as follows:
Cecilia Marlow from Nordea Investment Funds,
Lennart Francke from Swedbank Robur fonder,
Hans Ek from SEB Investment Management, and
Anders Moberg, Chairman of Byggmax Group AB (publ).
The Nomination Committee prepares and submits proposals to the Annual General Meeting (AGM) in respect of:
• the election of the Chairman of the AGM,
• the election of the Chairman of the Board of Directors and other Board members on the Company’s Board of Directors,
• directors’ fees specified between the Chairman of the Board of Directors and other Board members,
• the election of and approval of fees to the auditor and deputy auditor (where applicable), and
• resolutions on principles regulating the appointment of the Nomination Committee.
The 2017 AGM for Byggmax will be held on May 10, 2017 in Stockholm, Sweden.
Shareholders who would like to submit proposals to the Nomination Committee are welcome to do so by e-mail to: email@example.com. Proposals must be submitted in good time prior to the AGM to allow the Nomination Committee to take these proposals into consideration.
Byggmax Group AB (publ)
This information comprises such information as Byggmax AB is obliged to disclose under the EU’s Market Abuse Regulation. This information was submitted through the agency of the following contact person for publication on September 27, 2016 at 2:00 p.m. CET.
About Byggmax Group
The Byggmax Group consists of Byggmax, Buildor and Skånska Byggvaror. Byggmax was founded in 1993 and currently has 82 stores in Sweden from Ystad to Luleå. The company had net sales of approximately SEK 5.1 billion (pro forma for the July 2015 to June 2016 period) and is continuing to expand vigorously. Byggmax also has 32 stores in Norway and 13 in Finland. The website sells the entire store assortment, as well as an extensive range of products available to order. From the very beginning, Byggmax’s business concept has been to be the best and most affordable alternative for consumers in need of high-quality construction materials. Byggmax has a drive-in system at all its stores, enabling customers to load their products into their vehicles directly. This makes life easy and efficient for customers, particularly when buying heavy construction materials. Buildor is a rapidly growing online retailer within building materials, with sales of almost SEK 50 million for the last 12 months ending September 2015, and with a growth rate of more than 150% over the same time period. Buildor and Skånska Byggvaror were acquired by the Byggmax Group in November 2015. The Byggmax Group was listed on the Nasdaq OMX Stockholm Exchange in June 2010.
For more information, please visit www.byggmax.com
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