The Election Committee has informed the company that it will be proposing re-election of Board members Stig-Arne Blom, Bert Åke Eriksson, Ulrika Hagdahl, Anders Ilstam, Hans Linnarson and Joen Magnusson to the AGM (Annual General Meeting ) on April 21, 2008. The Election Committee will also be proposing that the company's new CEO and President Fredrik Jönsson, who takes up his position at the AGM, is elected as a Board member. This will mean him replacing present CEO and President Göran Sigfridsson, who as reported previously, will stand down from this position, and thus also from the Board. Additionally, the Election Committee is proposing that present Chairman Anders Ilstam retains his position. Shareholders representing over 50 % of the share capital and voting rights of the company have declared that they will support this proposal.
The Election Committee also proposes that Authorized Public Accountants Mikael Eriksson and Sofia Götmar-Blomstedt, both with audit practice Öhrlings PricewaterhouseCoopers AB, are elected as Beijer Electronics' auditors for the period covering the financial years 2008 to 2011 inclusive.
Proposed Directors' fees etc. will be stated in the notice convening the Meeting.
This year's Election Committee members:
Ulf Hedlundh,Svolder AB, convener
Bert Åke Eriksson, Stena Sessan AB
Hans Forssman, Skandia Liv
Anders Ilstam, Chairman of the Board
Arne Lööw, Fourth AP (National Pension Insurance) Fund
Questions on the Election Committee's activities should be addressed to Ulf
Hedlundh on tel. +46 (0)8 440 3770, questions on Beijer Electronics should be
addressed to its CEO and President Göran Sigfridsson on tel. +46 (0)40 35 86 00