The Nomination Committee of Telenor ASA is established pursuant to Telenor ASA’s Articles of Association Section 9. The Nomination Committee nominates shareholder representatives to the Corporate Assembly and Board of Directors, as well as the Nomination Committee. The members of the Board are elected by the Corporate Assembly and the members of the Corporate Assembly are elected by the General Meeting.
The tasks of the Nomination Committee are to make recommendations to:
the General Meeting regarding the election of shareholder-elected members and alternates to the Corporate Assembly and remuneration for the members of the Corporate Assembly;
the General Meeting for the election and remuneration of members of the Nomination Committee;
the Corporate Assembly regarding the election of shareholder-elected members and alternates to the Board of Directors, and remuneration of the Board of Directors; and
the Corporate Assembly for the election of the Chair and Deputy Chair of the Corporate Assembly.
The General Meeting has adopted instructions for the Nomination Committee.
The Nomination Committee consists of four members that shall be shareholders or representatives of shareholders and that shall be independent from the Board of Directors and the Company’s management. The members shall be elected by the General Meeting, however, the Chair of the Corporate Assembly shall be elected as the Chair of the Nomination Committee. Of the other three members, one member shall be a shareholder elected member or alternate of the Corporate Assembly. The Norwegian State, being the majority shareholder, has historically had one representative in the Nomination Committee.
The members of the Nomination Committee are elected for a term of two years.
Members of the Nomination Committee:
Elected by the Annual General meeting: 10 May 2023
Jan Tore Føsund
Elected by the Annual General Meeting: 7 May 2019, last re-elected 10 May 2023
Elected by the Annual General Meeting 11 May 2020, last re-elected 11 May 2022
Elected by the Annuarl General meeting: 10 May 2023
Read more about the nomination committee in our articles of association
For further information, please contact:
Telenor ASA, Investor Relations
NO-1360 Fornebu, Norway