Nomination Committee
The Nomination Committee is formed in accordance with the Company’s Nomination Committee Process, which the shareholders approved at the 2014 AGM as applicable for all future AGMs, until a change is proposed by a Nomination Committee. According to the Process, the Company shall invite four of the larger shareholders of the Company based on shareholdings as per 1 August each year to form the Nomination Committee, however, the members are, regardless of how they are appointed, required to promote the interests of all shareholders of the Company.
The tasks of the Nomination Committee include making recommendations to the AGM regarding the election of the Chairman of the AGM, election of Board members and the Chairman of the Board, remuneration of the Chairman and other Board members, including remuneration for Board Committee work, election of the statutory auditor and remuneration of the statutory auditor. Shareholders may also submit proposals to the Nomination Committee by e-mail to nomcom@lundin-petroleum.com.
Nomination Committee for the 2020 AGM
In accordance with the Nomination Committee Process, the Nomination Committee for the 2020 AGM consists of members appointed by three of the larger shareholders of the Company based on shareholdings as per 1 August 2019. The names of the members were announced and posted on the Company’s website on 16 October 2019. The Nomination Committee for the 2020 AGM consists of Filippa Gerstädt (representing Nordea Funds with a shareholding of 1.1%), Aksel Azrac (representing Nemesia S.à.r.l with a shareholding of 33.4%) and Ian H. Lundin (Chairman of the Board of Lundin Petroleum AB).1
Nomination Committee for the 2019 AGM
In accordance with the Nomination Committee Process, the Nomination Committee for the 2019 AGM consisted of members appointed by four of the larger shareholders of the Company based on shareholdings as per 1 August 2018. The names of the members were announced and posted on the Company’s website on 3 September 2018, i.e. within the timeframe of six months before the AGM as prescribed by the Code of Governance.
| Member | Appointed by | Meeting attendance | Shares represented at 1 Aug 2018 | Shares represented at 31 Dec 2018 | Independent of the Company and Group management | Independent of the Company’s major shareholders |
| Hans Ek | SEB Investment Management AB | 3//3 | 0.6% | 0.5% | Yes | Yes |
| Filippa Gerstädt | Nordea Funds | 3//3 | 1.0% | 1.0% | Yes | Yes |
| Åsa Nisell | Swedbank Robur Fonder | 2//22 | 1.3% | 0.5% | Yes | Yes |
| Ian H. Lundin | Nemesia S.à.r.l and non-executive Chairman of the Board of Lundin Petroleum | 3//3 | 27.7% | 28.1% | Yes | No3 |
| Total | Total 30.6% | Total 30.0% (rounded) |
1 Shareholdings as at 30 August 2019.
2 Åsa Nisell was a member of the Nomination Committee until 9 January 2019 but stepped down as a result of Swedbank Robur Fonder no longer being a larger shareholder of the Company.
3 see Corporate Governance Report 2018.
Related links
Nomination Committee Documents
