Husquarna AB

At the Husquarna AB general meeting on 18 April 2024, Folketrygdfondet, manager of the Government Pension Fund Norway, voted against item 11.01.09 for the following reasons:

Item 11.01.09: Elect CEO Pavel Hajman as a board member
Rationale:
Folketrygdfondet opposes the election of the CEO to the Board of Directors as a matter of principle. One of the board’s main tasks is the supervision of company management, which includes appointment and dismissal of the CEO. Folketrygdfondet considers that board members can only supervise company management adequately if they are not recruited from among management. For this reason, we voted against item 11.01.09.

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