Claes Boustedt: Claes Boustedt is the Executive Vice President of L E Lundbergföretagen AB and the President of L E Lundberg Kapitalförvaltning AB. He holds an M.Sc. in Business and Economics from the Stockholm School of Economics. He is a board member of Sandvik AB, Hufvudstaden AB and Alleima AB.

Marlies Gebetsberger: Marlies Gebetsberger is the Senior Vice President and Head of Personal Health for Royal Philips in Western Europe. With over a decade of experience at Royal Philips, Marlies has held various roles within the company. Before joining Philips, Marlies held several global and local positions at Unilever. She holds a master's degree in international business administration from the University of Economics in Vienna, Austria. She does not currently hold any other non-executive roles.

Magnus Jarlegren: Magnus Jarlegren is the President of Autoliv Europe, and has previously held other senior positions with Autoliv, Sandvik Coromant and McKinsey & Company. He studied Mechanical Engineering at the Chalmers University of Technology. He does not currently hold any other non-executive roles.

The Nomination Committee intends to propose the re-election of all other existing Board members at the 2025 AGM, namely: Ingrid Bonde, Pavel Hajman, Torbjörn Lööf, Katarina Martinson, Daniel Nodhäll and Christine Robins. As a result of the foregoing, the total size of the Board will remain unchanged (i.e., a total of 9 elected members). As previously announced, the Nomination Committee intends to propose that Torbjörn Lööf be elected as Chair of the Board. The Nomination Committee will announce its complete proposals in connection with the formal notice of the Annual General Meeting to be published on or about March 25, 2025.

The Nomination Committee consists of Petra Hedengran, chair (Investor AB), Louise Lindh (L E Lundbergföretagen AB), Fredrik Ahlin (If Skadeförsäkring AB), Oskar Börjesson (Livförsäkringsbolaget Skandia) and Tom Johnstone (Board Chair of Husqvarna AB).