Nomination Committee

In accordance with Swedish Corporate Governance Code, ITAB Shop Concept is to have a Nomination Committee for the preparation of proposals to the Company’s General Meeting of Shareholders.

Composition of the Nomination Committee ahead of the Annual General Meeting 2022

The Annual General Meeting in ITAB Shop Concept AB (publ) on 11 May 2021 appointed Ulf Hedlundh, Fredrik Rapp and Per Rodert as members of the Nomination Committee ahead of the Annual General Meeting 2022, with Ulf Hedlundh as Chairman.

The members of the Nomination Committee are appointed for the period up to and including the Annual General Meeting 2022. Should a member of the Nomination Committee resign before the work of the Committee is completed, the remaining members of the Nomination Committee are mandated to appoint a new member.

Fees for the work of the Committee are to be paid in the amount of SEK 30,000 to the Chairman and SEK 15,000 to each of the other members. In addition, the Nomination Committee has the right to charge the Company for expenses for recruitment consultants or other expenses required by the Committee to perform its duties.

Duties of the Nomination Committee in preparation of the Annual General Meeting 2022

In preparation for the 2022 Annual General Meeting, the Nomination Committee is assigned to prepare and submit proposals for the Chairman to preside over the Meeting, Directors and Chairman of the Board of Directors, fees to the Directors and Committee members, as well as for election (in due course) and fees for Auditors. The Committee is also to fulfil any other duties incumbent upon a Nomination Committee in accordance with the Swedish Corporate Governance Code.

The proposals of the Nomination Committee are to be presented in the notice for the Annual General Meeting. In conjunction to the publication of the notice for the Annual General Meeting by the Board of Directors, the Nomination Committee is to ensure that the Company publishes the Committee’s proposals and explanatory statement on its website as well as information about how the Nomination Committee has performed its work.

Contact

The Nomination Committee can be contacted by e-mail: ir@itab.com or via mail to: Nomination Committee, ITAB Shop Concept AB (publ), P.O. Box 9054, SE-550 09 Jönköping, Sweden.