MEKO

MEKO’s Nomination Committee proposes the election of Jörn Werner and Marie Björklund as new members of the company’s Board of Directors. The proposal will be presented at an Extraordinary General Meeting on December 19, 2024.

After the 2024 Annual General Meeting, Board Member Michael Løve stepped down at his own request to fully focus on his role as CEO of the Danish energy company OK. As a result, the Nomination Committee began work to find a replacement, leading to a proposal that strengthens the Board’s competence through two new members with solid industrial and financial backgrounds considered to match MEKO’s operations and strategy.

Jörn Werner, born 1961, is a successful leader with extensive experience in the independent automotive aftermarket as well as in adjacent business areas such as trade and industry. He has, among other roles, served as CEO of Ceconomy AG (formerly Metro AG), one of Europe's largest companies in consumer electronics. He has also been CEO of A.T.U. Group, Germany's leading company in car service and accessories, as well as CEO of Conrad Electronics SE. In addition, Jörn Werner has held senior management positions within Berner Group and Robert Bosch GmbH. Jörn Werner holds a Diplom Kaufmann degree (MBA) from the University of Hamburg, complemented by studies in business psychology.

Marie Björklund, born 1978, is an experienced Chief Financial Officer with a career spanning both consumer and business-oriented sectors. She is currently CFO of the consultancy firm Knowit, listed on Nasdaq Stockholm, where she has led initiatives such as acquisitions, system implementations and reorganizations. Previously, she held the same position at the e-commerce company Lyko and has held leading roles at the beauty company Kicks, the HVAC services group Dahl International, and Crédit Agricole. Marie Björklund has a background as an auditor. She holds a master's degree in economics from Uppsala University.

The proposal, which means that the board shall consist of a total of eight members, complies with the provisions regarding number of board members stipulated in MEKO’s articles of association.

The Nomination Committee is composed of Matthew McKay appointed by LKQ Corporation, Magnus Sjöqvist appointed by Swedbank Robur Fonder AB, Thomas Wuolikainen appointed by the Fourth Swedish National Pension Fund (AP4), and Mats Hellström appointed by Nordea Fonder AB. Helena Skåntorp, a member of MEKO’s Board, has been co-opted to the Nomination Committee.

MEKO’s shareholders will have the opportunity to consider the Nomination Committee’s proposal at an Extraordinary General Meeting to be held in Stockholm on December 19, 2024. A separate notice will be sent out.