Board, Group CEO and EMT Members

Board of Directors

The table below shows the members of the Board of Directors, when they were first elected and whether they are considered to be independent of the Company and/or the major shareholders.

			Independent of
Name	Position	Member since	The Company and executive management	The major shareholders
Patrik Tigerschiöld	Chairman	2014	Yes	No
Fabio Cannavale	Board member	2010	Yes	No
Niklas Edling	Board member	2019	Yes	Yes
Annette Kumlien	Board member	2019	Yes	Yes
Erik Lautmann	Board member	2007	Yes	Yes
Keith Svendsen	Board member	2021	Yes	Yes

Born 1964. Swedish citizen, resident in Stockholm, Sweden. Board member since 2014 and Chairman of the board since 2018. Member of the Nomination Committee, Audit Committee and Remuneration Committee.

Education: Patrik Tigerschiöld holds an M.Sc. in Business and Economics.

Other current assignments: Chairman of Bure Equity AB, Mycronic AB, the Association for Generally Accepted Practice in the Securities Market, the Swedish Securities Council, Atle Investment Management AB and ACQ Bure AB. Member of the Board of Directors of the Fondbolaget Fondita Ab, SNS and Ovzon AB. Member of the Academy of Engineering Sciences (IVA).

Resent previous assignments: –

Shareholding in the Company: Patrik Tigerschiöld and family holds 1,198,000 shares in the Company.

Born 1965. Italian citizen, resident in Collina d’Oro, Switzerland. Board member since 2010.

Education: Fabio Cannavale holds a diploma in engineering from Politecnico di Milano and an MBA from INSEAD, Fontainebleau, France.

Other current assignments: Chairman of Lastminute.com group. Member of the Board of Directors of Nomina SA and Consortium Real Estate BV.

Resent previous assignments: –

Shareholding in the Company: Fabio Cannavale holds 7,583,008 shares in the Company, (through Nomina SA, in which Fabio, together with related parties, hold 100 per cent of the shares).

Born 1950. Swedish citizen, resident in Stockholm, Sweden. Board member since 2007. Chairman of the Remuneration Committee.

Education: Erik Lautmann holds a BSc from the Stockholm School of Economics.

Other current assignments: Board member of Swedish Care AB. Fellow of the Royal Swedish Academy of Engineering Sciences (IVA).

Resent previous assignments: Chairman of Office Management AB, Attendo AB, Paxxo AB and Actic AB.

Shareholding in the Company: Erik Lautmann holds 143,562 shares in the Company.

Born 1963. Swedish citizen, resident in Stockholm, Sweden. Board member since 2019.

Education: Niklas Edling holds a M.Sc. in Mechanical Engineering from Royal Institute of Technology, Stockholm and a B.Sc. of Economics and Business Administration from Stockholm School of Economics.

Other current assignments: CEO at ScandiNova Systems AB, member of the Board of HMS Networks AB.

Resent previous assignments: SVP Corporate Development and deputy CEO at Mycronic.

Shareholding in the Company: Niklas Edling holds 75,000 shares and no warrants in the Company.

Born 1973. Danish citizen, resident in Denmark. Board member since 2021.

Education: Keith Svendsen graduated as a Master Mariner from Fanoe Navigation College, in Denmark, and earned an Executive MBA from the London Business School.

Other current assignments: Keith Svendsen currently serves as COO of APM Terminals, one of the largest port terminal operators in the world and is director of a number of entities associated with A.P. Moller-Maersk.

Resent previous assignments: Head of Operational Execution for the Maersk Group’s Maersk Line business unit.

Shareholding in the Company: Keith Svendsen holds no shares and no warrants in the Company.