Lindab International publ : The Nomination Committee proposes unchanged Board fees in Lindab

Due to prevailing uncertainty in society, due to covid-19, the Nomination Committee in Lindab proposes that the Board and committee fees are kept unchanged. Previous proposals for increased fees are thus withdrawn.

The proposal is that Board fees remain at the same level as last year, which means the following:

The fee to the Chairman of the Board shall amount to SEK 856,000 and the fee to each of the other Board members elected by the Annual General Meeting shall amount to SEK 391,250. The fee to each of the ordinary employee representatives shall amount to SEK 26,250. The total fee for the ordinary work of the Board amounts to SEK 3,256,000.

The Chairman of the Audit Committee shall receive a fee of SEK 102,000 and each of the other members shall receive a fee of SEK 51,000. The Chairman of the Remuneration Committee shall receive a fee of SEK 61,000 and each of the other members shall receive a fee of SEK 31,000. The total fee for the services of the Audit Committee and the Remuneration Committee shall not exceed SEK 296,000.

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For more information, contact:

Göran Espelund
Chairman of the Nomination Committee
Phone: [phone]

Catharina Paulcén
Corporate Communications
E-mail: [e-mail]
Mobile: [phone]

Lindab in brief

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Lindab develops, manufactures, markets and distributes products and system solutions for simplified construction and improved indoor climate. The products are characterised by high quality, ease of assembly, energy efficiency and environmentally friendly design and are delivered with high levels of service. Altogether, this provides greater customer value.

The Group had sales of SEK 9,872 m in 2019 and is established in 31 countries with approximately 5,200 employees. The main market is non-residential construction, which accounts for 80 percent of sales, while residential construction accounts for 20 percent of sales. During 2019, the Nordic region accounted for 43 percent, Western Europe for 35 percent, CEE/CIS (Central and Eastern Europe) for 21 percent and Other markets for 1 percent of total sales.

The share is listed on the Nasdaq Stockholm List, Mid Cap, under the ticker symbol LIAB.

Attachments

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The Nomination Committee proposes unchanged Board fees in Lindab

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