Fabege AB

At the Fabege annual general meeting on March 29th, 2022, Folketrygdfondet, manager of the Government Pension Fund Norway, voted against item 11(h) for the following reasons:

Item 11(h): Election of Jan Litborn as Chairman of the Board
Rationale:
In Folketrygdfondet’s view, board members should not undertake assignments for the company outside of their duties to the board. Folketrygdfondet’s concern is that such assignments may negatively affect the board member’s independence and ability to perform his or her supervisory functions properly. Jan Littborn is the co-owner of Glimstedts, which received SEK 3 million in consulting fees from Fabege during the past fiscal year. For this reason, Folketrygdfondet voted against item 11(h).

Del: