The main task of the Nomination Committee is to propose candidates for election to the Board of Directors, including the chairman. The Nomination Committee must take into consideration the various rules on independence of the Board in relation to the Company, its senior management and major shareholders, in accordance with the requirements of the Swedish Code of Corporate Governance.
In years in which election of auditors are held, the Nomination Committee also proposes candidates for election of auditors, based on the preparations carried out by the Audit Committee of the Board. The Nomination Committee also proposes a candidate for election of the Chairman of General Meetings of Shareholders and prepares proposals concerning the level of remuneration for Directors elected by the Annual General Meeting of Shareholders not employed by Ericsson, the auditors and members of the Nomination Committee for resolution by the Annual General Meeting. So far, the Nomination Committee has not proposed any fee to be paid to the Nomination Committee.
Recommendations to the Nomination Committee may be submitted by e-mail to
nomination.committee@ericsson.com, or by post to:
Telefonaktiebolaget LM Ericsson
The Nomination Committee
c/o General Counsel’s Office
SE-164 83 Stockholm
Sweden
