Corporate Governance

Annual General Meetings




The AGM for 2020 is scheduled for 13 May 2020 @QleanAir’s Office, Torggatan 13, Solna in Sweden.


Nomination committee

The nomination committee shall be comprised of the chairman of the board of directors and three members appointed by the three largest shareholders by votes at the end of the third quarter each year. The term “three largest shareholders by votes” may also include known groups of shareholders. The chairman of the board of directors shall annually contact the shareholders who are entitled to appoint a member. Should any of the entitled shareholders waive their right to appoint a member to the nomination committee, the right is transferred to the fourth largest shareholder by votes, and so on. However, no more than five additional shareholders need be contacted, unless the chairman of the board of directors finds that there are special reasons for doing so. When a shareholder is contacted with a request to appoint a member of the nomination committee, the chairman of the board of directors shall set out the requisite rules of procedure, such as the last date of response, etc.


Remuneration

At the extraordinary general meeting held on 7 October 2019, it was resolved to adopt guidelines for remuneration and other employment conditions for the senior management. In summary, the main principle is that remuneration and other employment conditions for members of the senior management shall be based on market terms and competitive in order to ensure that the Group can attract and retain competent members of the senior management at a reasonable cost for the Company. The total remuneration for the senior management may consist of fixed salary, variable remuneration, pension and other benefits.