The election committee proposes election of Mrs. Charlotte Strömberg as new
chairman of the board of directors of Castellum. Mr. Jan Kvarnström, who has
been chairman of the board of directors since 1994, has declined re-election.
"Mr. Jan Kvarnström has, as chairman of Castellum for many years, been of
significant importance for the company's development into one of the major
listed real property companies in Sweden with real properties valued at
approximately SEK 33 billion. It has been a challenge for the election committee
to make a proposal on a suitable successor for the chairman position following
Jan's decision to resign from the board of directors of Castellum. It therefore
feels very good to be able to propose Mrs. Charlotte Strömberg as new chairman
of the board of directors of Castellum, comments the chairman of the election
committee Mrs. Maj-Charlotte Wallin."
The election committee further proposes re-election of the present board members
Mr. Per Berggren, Mrs. Marianne Dicander Alexandersson, Mrs. Ulla-Britt Fräjdin-
Hellqvist, Mr. Christer Jacobson and Mr. Johan Skoglund and new election of Mr.
Jan Åke Jonsson.
"After 18 years as chairman of Castellum it feels good to now hand over the
chairmanship to Mrs. Charlotte Strömberg. I am convinced that Mrs. Charlotte
Strömberg, with extensive experience from the financial sector and the real
property market, and Mr. Jan Åke Jonsson, with extensive international
experience in the automotive industry (most recently as managing director of
Saab Automobile AB), will be able to contribute much to the work of the board of
directors of Castellum. Charlotte will be new as chairman of Castellum but knows
the company well since she was financial advisor in connection with the IPO of
Castellum in 1997. Castellum is an excellent company with an exciting future in
head of it, comments the chairman of the board of directors Mr. Jan Kvarnström."
The level of remuneration to the members of the board of directors is proposed
to be SEK 1,980,000, out of which SEK 510,000 shall be allocated to the chairman
of the board of directors and SEK 245,000 to each of the other members of the
board of directors. Compared with last year, the proposal entails an increase of
the total remuneration with SEK 280,000 since the board of directors is
increased with one member and the individual board remuneration is increased
with approximately two percent. The amounts include compensation for committee
The election committee also suggests that a new election committee is appointed
in preparation for the annual general meeting to be held in 2013. The election
committee is proposed to be appointed as previously, i.e. that the chairman of
the board of directors contact the three largest registered or otherwise known
shareholders at the end of the third quarter in 2012 and invite them to each
appoint one member of the election committee. The three members appointed
constitute, together with the chairman of the board of directors, the election
committee. The election committee appoints a chairman amongst its members.
The election committee of Castellum, appointed in accordance with the resolution
taken by the shareholders at the annual general meeting, consist of Mrs. Maj-
Charlotte Wallin (chairman), representing AFA Försäkring, Mr. Lars-Åke
Bokenberger, representing AMF Pension, Mr. Rutger van der Lubbe, representing
Stichting Pensioenfonds ABP and Mr. Jan Kvarnström, chairman of the board of
directors of Castellum.
For further information, please contact
Maj-Charlotte Wallin, chairman of the election committee. Phone +46 8 696 42 02
Jan Kvarnström, chairman of the board of directors. Phone +49 160 906 01 899
Castellum is one of the major listed real estate companies in Sweden. The fair
value of the real estate portfolio amounts to SEK 33 billion, and comprises
premises for office, retail, warehouse and industrial purposes with a total
lettable area of 3.3 million sq.m. The real estate portfolio is owned and
managed by six wholly owned subsidiaries with strong local roots in five growth
regions: Greater Gothenburg, the Öresund Region, Greater Stockholm, Mälardalen
and Eastern Götaland.
Castellum is listed on NASDAQ OMX Stockholm AB Large Cap.
Castellum AB (publ) discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act.
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Castellum AB (publ) via Thomson Reuters ONE