OREANDA-NEWS. January 21, 2010. Swedbank’s nomination committee proposes as new members of the Board; Lars Idermark, Siv Svensson and Goran Hedman and suggests re-election of the board members Ulrika Francke, Berith Hagglund-Marcus, Anders Igel, Helle Kruse Nielsen, Pia Rudengren, Anders Sundstrom and Karl-Henrik Sundstrom, reported the press-centre of Swedbank.

According to the proposal from the nomination committee the number of board members, elected at the Annual General Meeting, will increase from eight to ten.

The nomination committee further proposes Lars Idermark as new Chair of the Board.

“Lars Idermark has a broad and extensive experience. It is a proposal with strong support from Swedbank’s shareholders,” says Lennart Anderberg, Vice Chair of the nomination committee.

The nomination committee proposes that Deloitte AB is elected as accountant for a four-year period with Svante Forsberg as lead accountant.

The nomination committee proposes that the lawyer Claes Beyer will Chair the Annual General Meeting 2010.

The nomination committee suggests unchanged remuneration for the Board during the next election period and is not proposing that Swedbank employ Lars Idermark. Fees for accountant will continue to be paid on account.

It is the nomination committee’s assessment that the proposal is supported by owners representing more than 40 percent of the capital and votes in Swedbank.

The annual general meeting for Swedbank AB 2010 will take place at Berwaldhallen in Stockholm, Friday, 26 March 2010.

The nomination committee has the following members:

Hans Sterte, representative for Skandia

Lars Idermark, representative for Folksam and Chair of the nomination committee

Lennart Anderberg, representative for Sparbankerna, vice chair of the nomination committee

Tommy Hjalmarsson, representative for Sparbanksstiftelserna

Carl Eric Stalberg, Chair of the Board of Directors Swedbank AB

Lars Idermark has not participated in the proposal on Chair for the Board of Swedbank.

The entire proposal of the nomination committee will be presented in the invitation to the AGM and will in connection therewith also be available on Swedbank’s website.