In accordance with a resolution passed by the Annual General Meeting of Neonet AB (publ) on April 21, 2008, the Chairman of the Board shall contact, in declining order, the largest shareholders at the end of the third quarter, who are then entitled to nominate one representative each until two representatives, in addition to the Chairman of the Board, have been appointed to constitute the Nomination Committee prior to the 2009 Annual General Meeting. From among its members, the Nomination Committee shall elect a Chairman, who must not be the Chairman of the Board.
The two largest shareholders at the end of the third quarter were Staffan Persson, including his company and family, and Lombard International Assurance S.A. These shareholders have appointed one representative each, as specified below, to constitute, together with the Chairman of the Board, Neonet’s Nomination Committee prior to the 2009 Annual General Meeting:
• Peter Lindell, appointed by Staffan Persson
• Hans Karlsson, appointed by Lombard International Assurance S.A.
• Staffan Persson, Chairman of the Board of Neonet AB (publ)
Subsequently, the Nomination Committee appointed Peter Lindell as Chairman of the Nomination Committee. The Nomination Committee’s composition was disclosed in the company’s interim report on the third quarter of 2008. The role of the Nomination Committee is to prepare a decision-making base concerning election and fee-related matters, including proposals concerning election of Chairman of the Meeting, proposals concerning the number of Board Members, proposals concerning the fees to be paid to Board members and auditors and any remuneration for work on the Board of Directors’ committees, proposals concerning election of Board Members and Chairman of the Board and (where appropriate) proposals concerning election of auditors.
The Nomination Committee intends to present its proposals concerning the above matters in ample time prior to the Annual General Meeting to be held on April 27, 2009. Shareholders wishing to submit proposals to Neonet’s Nomination Committee can do so by e-mail to nomination.committee@neonet.com or by letter sent to: Neonet Attn: Nomination Committee, Box 7545, SE-103 93 Stockholm.