Board Committees and Committee Work

The Board has two committees: the Remuneration Committee and the Audit Committee.

The work of the Remuneration Committee and the Audit Committee is preparatory in nature and does not constitute a delegation of the liability under Swedish law of the Board of Directors or its members for these matters.

Reports to the Board of Directors on issues discussed at committee meetings are either in writing or given orally at the following Board meeting.  The work of each committee is performed in accordance with written instructions and a work plan stipulated by the Board of Directors.  Minutes of committee meetings are provided to all Board members.