Committees

The Nomination Committee

In accordance with the principles for the appointment of the Nomination Committee adopted by the Annual General Meeting on 28 April 2026, the Nomination Committee shall consist of three members.

Two members shall represent the two largest shareholders or groups of shareholders in terms of voting rights in Morrow Bank, based on the shareholder register maintained by Euroclear Sweden AB as of 31 August in the year preceding the Annual General Meeting. The third member shall be the Chair of the Board of Directors.

The Nomination Committee ahead of the 2027 Annual General Meeting consists of:
• Anders Dahlquist-Sjöberg, Chair, nominated by Kooperativa Förbundet Ekonomisk Förening
• Gunnar Jacobsen, nominated by Kistefos AS
• Niklas Midby, Chair of the Board of Directors of Morrow Bank

The Nomination Committee prepares proposals for the Annual General Meeting regarding, among other matters, the Chair of the Annual General Meeting, members and Chair of the Board of Directors, auditor, remuneration to the Board and its committees, and remuneration to the auditor.

Morrow Bank’s Annual General Meeting 2027 will be held on 21 April 2027 in Stockholm.

Shareholders who wish to submit proposals to the Nomination Committee ahead of the 2027 Annual General Meeting are welcome to do so no later than 15 January 2027 by e-mail to valberedningen@morrowbank.com or by post to:

Morrow Bank AB
Attention: Valberedningen
Box 6154
102 33 Stockholm, Sweden

The Audit and Risk Committee

The Audit and Risk Committee assists the Board in fulfilling its oversight responsibilities concerning management and control of the risks, risk frameworks, controls and financial reporting. This will also include related control and processes associated with the Bank’s activities such as credit, market, liquidity, business, operational risks, conduct and compliance, as well as related frameworks and processes. In addition to the elected members from the Board, key personnel from the management participate in the meetings.

Anna-Karin CelsingChair

Carl-Åke NilsonMember

Niklas MidbyMember

The Remuneration Committee

The Remuneration Committee is a subcommittee of the board. The main tasks are to ensure that the bank’s general remuneration policy is in line with the shareholders' long-term interests. The committee shall have representatives from the board. Senior management shall not be part of the committee.

Nishant FafaliaChair

Niklas MidbyMember