Board and auditor

Knut Faremo
Chairman of the Board
Education: Degree in mathematics and economics from an upper secondary school in Norway
Born: 1957
Nationality: Norwegian
Elected: 2019

Dependence: Independent in relation to the company and its management and in relation to the company’s major shareholders
Holdings: 50,000 B shares
Previous assignments: Many years of experience as a business manager and investor in retail companies in the Nordics and Europe. Engaged as shareholder or in various operative roles in NorgesGruppen ASA, Dagrofa AS, Coop Sweden AB, Apoteket Hjärtat AB, Picard Sweden AB and Migaya Consulting AG.
Other assignments: Chairman of Migaya Retail Sweden AB, Migaya Nordic Retail Holding AB, Migaya Retail Norway AS, Migaya Consulting AG Switzerland and European Retail Holding Ltd Malta.

Hans Granberg

Education: High school diploma
Born: 1953
Nationality: Swedish
Elected: 2014

Dependence: Independent in relation to the company and its management and in relation to the company’s major shareholders
Holdings: 2,250,000 own and 142,300 closely related B shares and 1,764 closely related A shares
Previous assignments: Many years of experience as an entrepreneur and investor in industrial and technology companies, mainly through the company Investment AB Karlsvik. Previously various Board work including Gema Industri AB and Sales Manager within the KGK Group.
Other assignments: Chairman of Investment AB Karlsvik

Jenni Virnes

Education: MSc. Industrial engineering and Management
Born: 1974
Nationality: Finnish
Elected: 2016

Dependence: Independent in relation to the company and its management and in relation to the company’s major shareholders
Holding: – B shares
Previous assignments: Many years of experience of start-up advisory, strategy creation, business models and go-to-market strategies. Previously CEO at Sensisto Oy, various positions such as Member of the Board, COO and Market Development at MariElla Labels Oy as well as Business Development at UPM – The Biofore Company.
Other assignments: –

Jonas Guldstrand

Education: Business degree
Born: 1966
Nationality: Swedish
Elected: 2017

Dependence: Independent in relation to the company and its management and in relation to the company’s major shareholders
Holdings: 47,939 B shares
Previous assignments: Many years of retail experience, including 14 years in various European countries. Previously Chief Sales and Operation Officer and Chief Logistics Officer at H&M Group, CEO of H&M France, Belgium and Luxembourg as well as interim CEO at Intersport Sweden. Retail and management consultant and board assignments, including Chairman of Intersport Sverige Holding AB.
Other assignments: –

Göran Sundholm

Education: Engineer
Born: 1947
Nationality: Finnish
Elected: 2021

Dependence: Independent in relation to the company and its management. Not independent in relation to the company’s major shareholders.
Holdings: 11,500,000 B shares
Previous assignments: Entrepreneur since 1973. Founder of GS-Hydro Oy and Marioff Oy.
Other assignments: Owner and founder of MariElectronics Oy, MariElla Labels Oy, MariCare Oy, MariMils Oy, MariMatic Oy and MariComp Oy.

AUDITOR

Ernst & Young AB
At the Annual General Meeting in 2021 Ernst & Young AB was appointed auditor for a period of one year, ie until the close of the AGM 2022.

Rickard Andersson is the auditor in charge.

AUDIT COMMITTEE

On behalf of the Board, the Audit Committee monitors and reviews the following:

The scope and correctness of the financial statements
Compliance with legal and regulatory requirements
Internal control over financial reporting
Risk management
The Annual Report and interim reports
Audits and audit fees

Members of the Audit Committee

The Audit Committee consists of two Board members as appointed by the Board. The current members are:

Knut Faremo (Chairman of the Committee)
Hans Granberg