The nomination committee of Scandi Standard AB (publ) ("Scandi Standard") has submitted its proposals to Scandi Standard's annual general meeting 2025. The nomination committee proposes Johan Bygge, Öystein Engebretsen, Henrik Hjalmarsson, Cecilia Lannebo, Pia Gideon, Paulo Gaspar, Lars-Gunnar Edh and Sebastian Backlund are re-elected as board members. The nomination committee proposes that Johan Bygge is elected as chairman of the board and that Paulo Gaspar is elected as vice chairman of the board.

Election of chairman, vice chairman and members of the board of directors

The nomination committee proposes Johan Bygge, Öystein Engebretsen, Henrik Hjalmarsson, Cecilia Lannebo, Pia Gideon, Paulo Gaspar, Lars-Gunnar Edh and Sebastian Backlund are re-elected as board members. The nomination committee proposes that Johan Bygge is elected as chairman of the board and that Paulo Gaspar is elected as vice chairman of the board.

"The nomination committee considers that the current board and board work have functioned well and that the board fulfils high expectations in terms of composition and that the board as well as the individual board members fulfil high expectations in terms of expertise. Based on thorough discussions and assessments, the nomination committee considers that the current board is very well functioning and currently does not see any reasons to propose changes in the composition of the board", says Anders Wennberg, chairman of the nomination committee.

The board members' independence pursuant to the Swedish Corporate Governance Code

The nomination committee assesses that all of the proposed board members are independent of the company and its senior management and that that three of the proposed board members (Henrik Hjalmarsson, Cecilia Lannebo and Pia Gideon) are independent of Scandi Standard's major shareholders.

Election of auditor

The nomination committee proposes, in accordance with the risk- and audit committee's recommendation, that Öhrlings PricewaterhouseCoopers AB is re-elected as auditor for the period until the close of the next annual general meeting.

Fees to the board of directors and the auditor

The nomination committee proposes that the fee to the chairman of the board shall be SEK 1,040,000 (SEK 1,000,000), that the fee to the vice chairman of the board shall be SEK 570,000 (SEK 550,000) and that the individual fee payable to the other non-employed board members elected by the annual general meeting shall be SEK 415,000 (SEK 400,000).

In addition, the nomination committee proposes that the fees to members of the committees of the board shall be paid as follows. An individual annual fee of SEK 180,000 (SEK 180,000) for the chairman of the risk- and audit committee and SEK 90,000 (SEK 90,000) for each of the two other members of the risk- and audit committee as well as SEK 80,000 (SEK 80,000) for the chairman of the remuneration committee and SEK 40,000 (SEK 40,000) for the two other members of the remuneration committee.

The nomination committee proposes that the auditor fees are paid against approved account.

The composition of the nomination committee and the committee's complete proposals

The nomination committee for the annual general meeting 2025 consists of Anders Wennberg (chairman, appointed by Investment AB Öresund), Avelino Gaspar (appointed by Grupo Lusiaves), Henrik Sundell (appointed by Lantmännen), Nicklas Paulson (appointed by Eva Qviberg) and Johan Bygge (chairman of the board of directors of Scandi Standard).

The nomination committee's complete proposals, including its reasoned statement and information on the proposed board members, will be available on Scandi Standard's website, www.scandistandard.com, not later than three weeks prior to the annual general meeting.

For further information, please contact:

Anders Wennberg, chairman of the nomination committee, +46 730 39 78 09

Henrik Heiberg, Head of M&A, Financing & IR, +47 91 74 77 24

About Scandi Standard

Scandi Standard is the market leader within chicken-based food products in the Nordic region and Ireland. The company processes, markets and sells ready to eat, chilled and frozen products under the well-known brands Kronfågel, Danpo, Den Stolte Hane, Manor Farm and Naapurin Maalaiskana. Scandi Standard also has a leading position within frozen breaded poultry products in the Nordic region and has recently acquired two of Europe's most efficient product lines in the Netherlands. Scandi Standard also owns an integrated low-cost chicken operations in Lithuania. Scandi Standard employs more than 3,200 employees and has annual sales of more than SEK 13 billion. For more information, please visit www.scandistandard.com.