Electrolux AB

At the Electrolux AB general meeting on 27 March 2024, Folketrygdfondet, manager of the Government Pension Fund Norway, voted against item 13.05 for the following reasons:

Item 13.05: Elect CEO Jonas Samuelsson 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 13.05.

Del: