Proposal for election of Board members

Sune Carlsson, born 1941 Ronnie Leten, born: 1956 Ulla Litzén, born: 1956 Anders Ullberg, born: 1946 Staffan Bohman, born: 1949 Chair of the Board President and CEO Education: M.Sc. in Economics Education: M.Sc. in Economics Education: M.Sc. in Economics Education: M.Sc. in Mechanical Education: M.Sc. in Applied and Business Administration, and Business Administration, and Business Administration, Engineering, Chalmers University Economics, University School of Economics, Stockholm School of Economics, Stockholm School of Economics, of Technology, Gothenburg, of Hasselt, Belgium , and MBA, Massachu­ Sweden Sweden, and Stanford Executive Sweden setts Institute of Technology, Program, the United States Nationality: Belgian the United States Nationality: Swedish Nationality: Swedish Elected: 2009 Elected: 2003 Nationality: Swedish Elected: 1997 Nationality: Swedish Elected: 2003 Board membership: Vice Chair Elected: 1999 Board membership: Chair of the Board membership: Board member of the appliance manufacturer steel wholesaler BE Group AB, the Board membership: Chair of the lift of the investment company AB, Sweden. Board membership: Board member mining company Boliden AB, the manufacturer Cibes Lift AB, Swe­ Investor AB, Sweden. of bearing manufacturer AB SKF, publishing com­pany Natur & Kultur, den, and the hospital- and social Principal work experience and the mining company Boliden AB, and the technical services compa­ welfare organization Ersta Diakoni, Principal work experience and other other information: Business Area the industrial company ny Studsvik AB. Board member of Sweden, Vice Chair of Rezidor information: Vice Chair of Scania President for Com­ AB, the construction company the aluminum profile company Hotel Group AB and of the Board AB, Sweden, President and CEO pressor Technique. Division presi­ NCC AB and outdoor equipment Sapa AB, the investment company of trustees of SNS, Sweden. Board of AB SKF, Sweden, and Executive dent for the divisions Airtec and company Husqvarna AB, all based Beijer Alma, and the roll manu­ member of the holding company Vice President of ASEA AB, Swe­ Industrial Air as well as several in Sweden. facturer Åkers AB. Chair of the Inter-IKEA Holding N.V., the Neth­ den, and ABB Ltd., Switzerland. management positions within IT, Swedish Financial Reporting erlands, the private equity compa­ logistics, business development Principal work experience and Board. All based in Sweden. ny AB, Sweden, the mining and manufac­turing in the Com­ other information: President of company Boliden AB, Sweden, pressor Technique business area. W Capital Management AB, Principal work experience and and member of the Swedish All positions in Belgium. Sweden, and Managing Director other information: Vice President Corporate Governance Board. and member of the Management Corporate Control Swedyards Group, Investor AB, Sweden. (Celsius Group), Executive Vice Principal work experience and President and CFO, SSAB, Swed­ other information: CEO of Sapa AB, ish Steel and President and CEO of Gränges AB and DeLaval AB. SSAB Swedish Steel. All positions All positions in Sweden. in Sweden.

Nomination of new Board member and Vice Chair:

Margareth Øvrum, born 1958 Johan Forssell, born 1971 Gunilla Nordström, born 1959 Peter Wallenberg Jr, born 1959 Hans Stråberg, born 1957

Education: M.Sc. in Technical Education: M.Sc. in Economics Education: M.Sc. in Electronics, Education: BSBA Hotel Administration, Education: M.Sc. in Engineering, Physics, Norwegian University of and Business Administration, Industrial Marketing Management, University of Denver, the United Chalmers University of Technology, Science and Technology Stockholm School of Economics, Linköping University States and International Bachaloria, Gothenburg, Sweden Sweden American School, Leysin, Switzerland Nationality: Norwegian Nationality: Swedish Nationality: Swedish Elected: 2008 Nationality: Swedish Elected: 2010 Nationality: Swedish Elected: 2008 Elected: 2012 Board membership: Board Board membership: Board member Board membership: Board member member of Investor AB, Stora of the private equity company Board membership: Board member of the engineering company Board membership: Chair of Foun­ Enso Oyj, N Holding AB and Ratos AB, Sweden. of the defense and security Wärtsilä Corporation, Finland. dation Asset Management Sweden Chair of Roxtec AB, CTEK and company Saab AB, Sweden. AB, The Grand Group, The Royal Orchid Orthopedics. Principal work experience and Principal work experience and Swedish Automobile Club and other information: Executive vice Principal work experience and other information: President and Kungsträdgården Park & Evene­ Principal work experience and president for Technology, Procure­ other information: Managing Direc­ CEO of Electrolux Major mang AB. Vice Chair of The Knut other information: Chief ment, Project execution and Drill­ tor, Head of Core Investments and Appliances Asia/Pacific, based in and Alice Wallenberg Foundation. Executive Officer and President ing in Statoil. Several leading posi­ member of the management team Singapore, and Executive Vice Board member of Aleris Holding for Electrolux AB as well as tions within techno­logy, projects, of investment company Investor President of Electrolux AB. Senior AB, Investor AB, Scania AB, SEB various executive positions in production, main­tenance, health/ AB, Sweden. Head of Research, management positions with Kort Bank AB and ­ the Electrolux Group based in safety/environment, and procure­ Head of Capital Goods and Health­ telecom equipment company mässan AB. All based in Sweden. Sweden and the United States. ment in Statoil. All positions in care sector, Head of Capital Goods Telefonaktie­bolaget LM Vice Chair of The Association of Norway. sector and Analyst Core Holdings and Sony Ericsson in Europe, Principal work experience and other Swedish Engineering Industries, in Investor AB. Latin America and Asia. information: President and CEO Member of the Board of The The Grand Hotel Holdings, General Confederation of Swedish Manager The Grand Hotel, Presi­ Enterprise and Nederman AB. dent Hotel Division Stockholm- EU Co-Chair TABD, TransAtlantic Saltsjön. All positions in Sweden. Business Dialogue.

Hans Stråberg is independent to the company and its management but non- independent in relation to major shareholders.

Information about the board members as per December 31, 2012. Holdings on December 31, 2012: For dependency and holdings, see pages 60–61 in the annual report 2012. 0 shares.