The Nomination Committee of Samhällsbyggnadsbolaget i Norden has informed the Company that it proposes that the shareholders at the Annual General Meeting 2024 elect six ordinary board members without deputies.

- Chairman Lennart Schuss has informed the Nomination Committee that he will stand for re-election as a member of the Board of Directors, but not as Chairman

- Anne-Grete Strøm-Erichsen has informed the Nomination Committee that she will not stand for re-election as a member of the Board of Directors.

- SBB's Nomination Committee proposes that Lennart Sten is elected as the new Chairman of SBB's Board of Directors by the company's Annual General Meeting in 2024

The Nomination Committee proposes that the following are elected as members of the Board of Directors: Lennart Schuss (re-election), Ilija Batljan (re-election), Sven-Olof Johansson (re-election), Hans Runesten (re-election), Lars Rodert (re-election) and Lennart Sten (new election), and that Lennart Sten is elected as Chairman of the Board of Directors.

The Nomination Committee's complete proposal and motivated statement will be published well in advance of the Annual General Meeting.

‘’SBB has an experienced Board of Directors that is well positioned to continue to drive SBB’s strategic transition, resolve the financial challenges and further develop the company. Lennart Sten has a long career both as CEO and Chairman of the Board, as well as significant deep sector knowledge of the real estate industry, making him particularly well suited as Chairman as Lennart has decided to hand over the chairmanship,’’ says Leif West, Chairman of the Nomination Committee.

‘’SBB is a company with unique assets and a strong team that I have gotten to know during my time as senior advisor to the Board. I look forward to continuing working to strengthen and develop SBB together with the rest of the Board and all employees at SBB," says Lennart Sten, incoming Chairman of the Board of Directors.

SBB's Nomination Committee ahead of 2024 Annual General Meeting consists of Leif West (Chairman, appointed by Dragfast AB), Ilija Batljan (Ilija Batljan Invest AB (publ) and Ilija Batljan), Rikard Svensson (AB Arvid Svensson), Sven-Olof Johansson (Compactor Fastigheter AB) and Lennart Schuss (Chairman of the Board).