Castellum has received additional information regarding the proposal from the Election Committee
The members of the Election Committee Vincent Fokke, representing
Statement by Vincent Fokke and Charlotte Strömberg: We do not support the proposal to nominate Rutger Arnhult as the Chairman of the Board and have reserved us against such proposal because of the following main reasons:
1. Rutger Arnhult is, together with related parties, in practice controlling the listed real estate companies Klövern and
2. Being a large shareholder in Castellum it is reasonable that Rutger Arnhult can influence the composition of the Board in Castellum. Last year the Election Committee proposed Joacim Sjöberg as a member of the Board following a nomination from Rutger Arnhult. This year Rutger Arnhult would like to become the Chairman of the Board. We believe it would be overrepresentation if Rutger Arnhult may, in a company like Castellum, appoint two Board members, including the Chairman, out of six to eight Board members in total based on a shareholding of approximately 15%.
3. The current Board is well-functioning and has delivered excellent shareholder return during a number of years combined with a low risk profile. We believe it may be detrimental to the work of the
We intend to make an alternative proposal as regards to the composition of the Board in Castellum that we believe will serve the interests of all shareholders in Castellum.
For further information please contact:
Vincent Fokke, representing
Charlotte Strömberg, Chair of the Board in Castellum, +46 70 277 04 03
This information is information that Castellum is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.01 CET on
About Castellum
Castellum is one of the Nordic region's largest listed real estate companies with a property value of
Beyond expectations.
www.castellum.se
https://news.cision.com/castellum/r/the-election-committee-in-castellum,c3262342
https://mb.cision.com/Main/8364/3262342/1354753.pdf
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