Evolution AB

At the Evolution AB general meeting on 4 April 2023, Folketrygdfondet, manager of the Government Pension Fund Norway, voted against item 13 for the following reasons:

Item 13: Resolution on the instruction to the nomination committee

Folketrygdfondet voted against this item due to insufficient nomination committee independence from the board of directors. The nomination committee’s independence is important to ensure shareholder confidence in the nomination committee’s process and recommendation. A clear separation between the respective rolls of the nomination committee and the board is necessary for the nomination committee’s work.