The Nomination Committee’s assignments

The Nomination Committee’s assignments are specified at the Annual General Meeting. The Annual General Meeting 2007 specified that the Nomination Committee’s assignments would include preparation and presentation of proposals for the election of Chairman of the General Meeting, members of the Board of Directors, Chairman of the Board of Directors and proposals regarding resolutions concerning remuneration to the Board of Directors (divided between the Chairman of the Board of Directors and the other Board members and including remuneration for committee participation) and fees to the auditors. The Annual General Meeting also gave the Nomination Committee the right to personnel resources, meaning secretaries, from the company and to charge the company for reasonable costs for external consultants that are deemed necessary for fulfillment of the Nomination Committee’s assignments.

The Chairman of the Board of Directors is responsible for providing the Nomination Committee with information about the Board of Director’s future competence profile, working format and the result of evaluations of the Board’s activities. Where relevant, the Nomination Committee also has to propose auditors for election.

The proposals from the Nomination Committee are presented in the notification of the Annual General Meeting and on Haldex’s website.

Information, for example age, education, work experience, positions in the company and other significant positions, the person’s and family’s holdings and other financial instruments in Haldex, when the member was elected to the Board (regarding re-election) and if the person is considered dependent or independent in relation to the company and its larger shareholders, are presented on the website for persons proposed for election to the Board of Directors.

Members of the Nomination Committee do not receive remuneration.