Nomination committee’s proposal concerning Ratos’s Board of Directors ahead of 2022 Annual General Meeting

2022-02-08

Two new Board members are proposed ahead of the 2022 Annual General Meeting according to a decision from Ratos’s nomination committee.

Ratos’s nomination committee proposes that the 2022 Annual General Meeting elect seven ordinary Board members, with no deputies.

The nomination committee proposes the re-election of Per-Olof Söderberg as a Board member and Chairman of the Board as well as the re-election of Board members Ulla Litzén, Karsten Slotte, Jan Söderberg and Jonas Wiström (CEO of Ratos) and the new election of Tone Lunde Bakker and Helena Svancar. Eva Karlsson has declined re-election.

Tone Lunde Bakker, born in 1962, has a Double Bachelor in Business Administration from Arizona State University in the US and more than 30 years of experience in managerial and executive positions in the Nordic banking industry. She also has extensive board and nomination committee experience, and a strong network within the Norwegian business community. In August 2021, she was appointed CEO of Eksfin (Export Finance Norway) by the Norwegian government. Eksfin provides state loans, guarantees and advice to Norwegian companies and their foreign purchasers with the aim of promoting Norwegian export. Prior to this, Tone Lunde Bakker served as General Manager of Swedbank Norge (2017-2021) and Global Head of Cash Management at Danske Bank (2015-2017).

Helena Svancar, born in 1975, has an MSc from the Stockholm School of Economics and has been working as Global Head of M&A at Ericsson since 2018. She has had a long career as a banker in Europe, including as Managing Director at Deutsche Bank, where she also served as Head of Corporate Finance from 2007 to 2017. In addition, she has had a number of board assignments and participated in and been responsible for several large, international M&A transactions.

“With Tone Lunde Bakker and Helena Svancar, Ratos will gain two highly competent and experienced new Board members, who can contribute to Ratos’s work through their extensive business experience and solid contact networks. We are very much looking forward to welcoming them to the Board,” says Jenny Parnesten, Chairman of the nomination committee.

Eva Karlsson, Board member since 2019, has declined re-election ahead of the 2022 Annual General Meeting.

“We would like to extend our sincere thanks to Eva for her excellent work as a Board member at Ratos. Eva’s broad industrial background and documented ability to further develop companies has been very important to Ratos,” say Per-Olof Söderberg and Jan Söderberg, Board members at Ratos and representatives of the majority owners, the Söderberg family.

The nomination committee consists of Jenny Parnesten (appointed by the Ragnar Söderberg Foundation and own and related parties’ holdings), Jan Söderberg (own holdings), Maria Söderberg (appointed by the Torsten Söderberg Foundation and own holdings), Erik Brändström (appointed by Spiltan Fonder AB), Hans Hedström (appointed by Carnegie Fonder AB), and Per-Olof Söderberg, Chairman of Ratos’s Board.

The nomination committee’s full proposal will be presented in the official notice of Ratos’s Annual General Meeting.

For further information
Jenny Parnesten, Chairman of the nomination committee, +46 70 742 51 77
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21

About Ratos
Ratos is a business group consisting of 13 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2020, the companies have approximately SEK 36 billion in sales. Our business concept is to develop companies headquartered in the Nordics that are or can become market leaders. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas for Ratos. Everything we do is based on Ratos’s core values: Simplicity, Speed in Execution and It’s All About People.