In accordance with the principles adopted by the general meeting in Instalco AB held on 6 May 2021, the Nomination Committee shall be comprised of the Chairman of the Board of Directors and three members appointed by the three shareholders with the largest number of votes in the company. If either of the shareholders with the largest number of votes waives their right to appoint a member, the shareholder with the next largest shareholding shall be offered the opportunity to appoint a member. The Nomination Committee ahead of the 2025 AGM comprises the following members: Sophie Larsén (appointed by AMF Pension & Funds), Roger Hedberg (appointed by Cliens Kapitalförvaltning), and Per Sjöstrand.

As Per Sjöstrand is the largest owner in Instalco and also the Chairman of the Board, the Nomination Committee ahead of the 2025 AGM comprises three persons.