Cantargia's Nomination Committee: Driving Diversity and Independence for 2025 AGM

Cantargia AB (publ) has announced the appointment of its Nomination Committee ahead of the 2025 Annual General Meeting (AGM), a move that underscores the company's commitment to robust corporate governance and shareholder engagement. The committee, comprising Jan Särlvik (Fjärde AP-fonden), Daniel Kristiansson (Alecta Tjänstepension), Mats Larsson (Första AP-fonden), and Magnus Persson (Chairman of the Board), represents a total of 20% of the shares in Cantargia, ensuring a balanced representation of shareholders' interests.

The Nomination Committee's primary tasks include proposing candidates for the Board of Directors, remuneration for board members, and election of auditors, among other responsibilities. By maintaining independence from the company and its major shareholders, the Nomination Committee can make unbiased decisions, fostering good corporate governance and promoting the long-term interests of all shareholders.

The diversity of the Nomination Committee, with members from different pension funds, brings varied perspectives and expertise, fostering informed decision-making. Moreover, the independence of the members, as none are affiliated with Cantargia's management or major shareholders, ensures unbiased evaluations of the board's performance and composition. This structure promotes a robust and impartial assessment of the board's work, contributing to Cantargia's strong corporate governance.

The Nomination Committee's focus on diversity and independence is crucial for selecting and evaluating Cantargia's board members and management team. The committee's diversity ensures a broad range of perspectives and expertise, fostering a more comprehensive evaluation of potential board members, promoting a balanced and competent board. Moreover, the committee's independence ensures unbiased decision-making, vital for evaluating the performance of the current board and management team, as well as selecting new members, without external influence.

Cantargia's commitment to a diverse and independent Nomination Committee is a testament to the company's dedication to good corporate governance and shareholder engagement. By fostering a balanced and impartial evaluation of the board's performance and composition, Cantargia can maintain a strong and effective board, driving the company's long-term success.