The Board has, on the statutory board meeting held May 16, 2017, decided the following members of the board shall constitute Precise Biometrics’ audit committee: Torbjorn Clementz, Torgny Hellstrom and Synnevö Trygg, with Torbjorn Clementz as chairman.
The audit committee is assigned to exercise supervision and prepare a number of questions to the board in support of their work to fulfill their responsibility within auditing, internal control and financial reporting. In 2016 the committee focused primarily on reporting (quarterly reports, annual financial reporting and internal reporting), business-related risks and internal control. The committee held seven meetings during 2016, of which four were in conjunction with the quarterly reports.
The Board has, on the statutory board meeting held May 16, 2017 decided that the following members of the board shall constitute Precise Biometrics’ Compensation Committee: Torgny Hellström, Anna Almlöf, Matts Lilja and Mats Lindoff with Torgny Hellström as chairman. The Compensation Committee shall consider compensation issues.
The duties of the compensation committee include issues concerning salaries, pension terms and conditions, incentive schemes and other terms and conditions for the employment of company executives. In 2016 the committee has primarily focused on remuneration to leading executives, including incentive schemes and option programs. The committee has also prepared board proposals for guidelines for remuneration to leading executives, which can be found in the Administration Report. The committee held seven meetings during 2016.
Precise Biometrics Nomination Committee for the Annual General Meeting 2018
Following a decision at the Annual General Meeting on May 16, 2017, it was resolved to adopt amended principles for appointment of members of the Nomination Committee, which are consistent with the principles adopted at the AGM 2016, with the difference that the principles shall apply until further notice. According to the amended principles the Chairman of the Board shall convene a Nomination Committee which, in addition to the Chairman, shall consist of representatives from two or three of the company’s largest shareholders in accordance with Euroclear Sweden AB’s list of registered shareholders as of August 30. If any of these shareholders should wish to abstain from the possibility to appoint a representative, the right shall be transferred to the shareholder who after such shareholders has the largest holding in the company.
Precise Biometrics’ Nomination Committee for the Annual General Meeting 2018 has been appointed in accordance with the instructions for the Nomination Committee decided by the Annual General Meeting 2017.
The Nomination Committee consists of the following members:
- Hans Ek, representing SEB Fonder
- Torgils Knutsson Bonde
- Torgny Hellström, Chairman of the Board
Hans Ek is the chairman of the Nomination Committee.
Shareholders who wish to submit proposals to the Nomination Committee are welcome to contact the Nomination Committee. In order for the Nomination Committee to consider a proposal, the proposal must be received in due time prior to the Annual General Meeting which is planned to be held May 16, 2018, at latest on February 28, 2018.
CONTACT NOMINATION COMMITTEE:
Precise Biometrics AB
220 07 Lund