Statement by the Nominating Committee
Statement by Seco® AB’s Nominating Committee relating to proposed Board of Directors for approval at the 2010 Annual General Meeting
Through Seco® AB’s Chairman of the Board, the Nominating Committee has obtained information relating to the Board’s own evaluation as well as the company’s operations, phase of development and other relevant circumstances.
The Nominating Committee discussed the principal requirements that should be imposed on Board members, including the stipulation covering the independence of Board members. The issue of more equal gender distribution on the Board was given special attention.
In its review, the Nominating Committee concluded that the Board is well-functioning and that the proposed Board of Directors has the appropriate composition with regard to the company’s operations, phase of development and other relevant circumstances, and displays diversity and breadth in terms of the Board member’s qualifications, experience and background. Through the proposal the capability of the Board to manage the companies business with integrity and efficiency will be guaranteed.