Source: https://www.knowit.no/om-knowit/financial-information/corporate-governance/
Timestamp: 2019-04-23 20:34:02+00:00

Document:
Other directorships: Fenix Outdoor AB, KIAB Fastighetsutveckling AB (chairman).
Other directorships: Göta Kanalbolag AB, Tinius Stiftelsen, Blommenholm Industrier AS.
Professional experience: Executive positions at Unilever, Head of marketing and information at SJ, Head of division at Research International, Head of marketing and sales at Svenska Dagbladet, CEO at Svenska Dagbladet.
Dependence according to Swedish Code of Corporate Governance: Independent in relation to the company, management and major shareholders.
Other directorships: BTS Group AB.
Education: Secondary degree in economics.
Professional experience: CEO and President Swedish Space Corporation (Svenska Rymdaktiebolaget), CEO Logica Sweden, CEO WM-data Sweden.
Other directorships: Friskis & Svettis (chairman), JM, Karolinska Universitetssjukhuset, Mediaplanet (chairman), Odd Molly, Visual Art.
Professional experience: Marketing director at DN, COO at Guldfynd/Hallbergs, Business development at Securum/Castellum, CEO at Sturegallerian, Head of marketing at Medvik/Kinnevik..
Other directorships: Hi3 Access AB, Hoist Group AB, ManoMotion AB.
Professional experience: CEO Viasat, CEO Bredbandsbolaget, President Hi3G (in Sweden and Denmark.
Other directorships: Bilia AB, Bisnode AB (chairman), Bisnode Business Information Group AB (chairman), Boule Diagnostics AB, Cabonline Group Holding AB (chairman), Elos Medtech AB.
Professional experience: Various positions in Ericsson Group in Sweden and Mexico, SAS, American Express Card, American Express Travel, Nyman & Schultz, CEO, Europolitan, CEO, Vodafone Sverige, CEO, Gambro Renal, CEO.
KPMG AB was elected for a one-year period at the AGM 2018. KPMG AB has announced that authorized auditor Helena Arvidsson Älgne is the principal auditor.
§ 1 The name of the company is Knowit Aktiebolag (publ).
§ 2 The registered headquarters of the company shall be in the Municipality of Stockholm, in the County of Stockholm (Sweden).
§ 3 The Company shall conduct business in the ﬁeld of IT consulting as well as businesses related thereto.
§ 4 The share capital shall amount to no less than SEK 9,000,000 and no more than SEK 36,000,000.
§ 5 The number of shares shall be a minimum of 9,000,000 and a maximum of 36,000,000.
§ 6 The board of directors shall consist of at least three and at most eight members, with a maximum of two deputy members. These members shall be elected each year at the annual general meeting to serve until the end of the next annual general meeting.
§ 7 One or two auditors, with or without deputy auditors, shall be appointed to review the company's annual report, its accounts, and the directors' and president's reports.
§ 8 The company’s ﬁscal year shall follow the calendar year.
§ 9 Notice of the annual general meeting shall be provided in the form of announcements in Post- och Inrikes Tidningar and on the company webpage. An announcement that notice has been provided shall be made in Svenska Dagbladet. Shareholders may participate in the annual general meeting provided (a) they have been recorded in the share register at least ﬁve weekdays before the meeting, and (b) they have registered with the company by not later than 4 p.m. on the day stated in the Notice of annual general meeting. This day may not be a Saturday, Sunday or other public holiday, Midsummer Eve, Christmas Eve or New Year’s Eve, and may not occur earlier than the ﬁfth weekday preceding the annual general meeting. Shareholders may be accompanied by assistants at the general meeting provided they register the number of assistants with the company in a comparable manner.
§ 10 Each shareholder entitled to vote may use the full number of votes he or she holds and represents at the annual general meeting.
§ 11 The chairman of the board or an appointee of the board of directors opens the annual general meeting and conducts the proceedings until a chairman of the meeting has been elected.
The Board of Directors has chosen to be jointly responsible for issues regarding compensation, in accordance with item 9.2 of the Swedish Code of Corporate Governance.
Remuneration to the President and other officials consists of a basic salary, a variable performance remuneration, other benefits and pension. In accordance with item 9.6 of the Code, the Board has considered making an exception for variable remuneration to leading management officials and found that no such exception should be made.
The Chairman of the Board negotiates the remuneration and terms of employment for Knowit AB’s President. The remuneration is approved by the Board.
The President negotiates the remuneration and terms of employment for the employees on the corporate management team, and for those heads of subsidiaries who report to the President. The variable remuneration is approved by the Chairman of the Board.
• The fee shall consist of a fixed salary, a variable component in the form of annual variable compensation, pension and other benefits.
• The annual variable compensation is on condition that, among other things, Knowit not report a loss for the year the compensation pertains to.
• The annual variable compensation will be subject to a ceiling and never exceed the fixed component. It is not pensionable.
• Severance pay ought not to occur.
There are currently no share-related incentive programs at Knowit.

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