The Nomination Committee is responsible for proposing candidates for the Chair of the AGM, Board members, and the Chair of the Board. It also recommends fees for Board members and puts forward the election and remuneration of the auditor. 

Given that Verisure must comply with the requirements of the UK Companies Act, there are some differences in the role of the Nomination Committee compared to common practice in Sweden, which results in limited deviations from the Swedish Corporate Governance Code. Firstly, as required by the UK Companies Act, the Board remuneration will be governed by our shareholder-approved Remuneration Policy and not be proposed by the Nomination Committee. Secondly, in line with UK market practice, auditor appointments and fees will be proposed by the Board, based on recommendations from the Audit and Risk Committee, and not by the Nomination Committee. In all other respects, the Nomination Committee will function as per the Swedish Corporate Governance Code.

Find out more: