The following table sets forth the independence of the members of the Board elected by the shareholders meeting in relation to the company and the management, as well as in relation to the company’s larger shareholders.
| Name |
|
Independent of the
company/management |
Independent of larger
shareholders |
| Marcus Wallenberg |
|
Yes |
No |
| Åke Svensson |
|
No |
Yes |
| Håkan Buskhe |
|
No |
Yes |
| Johan Forssell |
|
Yes |
No |
| Sten Jakobsson |
|
Yes |
Yes |
| Per-Arne Sandström |
|
Yes |
Yes |
| Cecilia Stegö Chilò |
|
Yes |
Yes |
| Lena Treschow Torell |
|
Yes |
No |
| Joakim Westh |
|
Yes |
Yes |
Accordingly, the company fulfils the requirements of the Code that a majority of the Board members appointed by the shareholders’ meeting be independent of the company and the management, and at least two of these be independent of the company’s larger shareholders.