Election and Compensation Committee
The annual general meeting appointed an election committee in 2006 consisting of three external members. The Articles of Association were changed in 2008 to reflect this.
Members:
| Kjetil M. Stuland (leader) | +47 90 97 33 02 | kjetil.stuland@epost.no |
| Alf Inge Gjerde | +47 93 40 30 05 | alf.inge.gjerde@storebrand.com |
| Helge Orstad | +47 92 20 44 90 | helge@orstadas.no |
Mandate for the Election and Compensation Committee at Scana Industrier ASA
The duties of the Election and Compensation Committee (the Committee) are to make recommendations to the general meeting regarding the nomination of board members, the board chairman, deputy board chairman and Committee members. The Committee also makes recommendations to the general meeting relating to the remuneration of board and Committee members.
The Committee must submit explanations for their recommendations and nominations, including relevant information concerning each candidate. Their report must include relevant information about each prospective candidate up for election, about the composition of the board, and about candidates for the Committee. The report must also include a description of how the Committee has performed its duties.
The Committee shall have a two-year term and consist of three members, preferably a mixture of shareholders that represent broad shareholder interests.
The general meeting elects the Committee members and the Committee chair, and also lays down instructions for the Committee's work.
Approved by the general meeting on April 29, 2009.
