The Nomination Committee represents the company’s shareholders. It is tasked with creating as sound a basis as possible for decisions at the Annual General Meeting and proposes candidates for the appointment of the Board of Directors and auditors, and remuneration to these positions. The Nomination Committee comprises one representative from each of the company’s three largest shareholders through personal election. Should any of these shareholders decline appointing a member to the Nomination Committee, the next shareholder in terms of size will be given the opportunity to appoint a member. Details regarding the composition of the Nomination Committee are published in the Q3 interim report. The work of the Nomination Committee is preceded by a questionnaire survey of the work of the Board of Directors and its current memebers. Before the election of Board members at this year's Annual General Meeting, the Nomination Committee comprises:

- Torsten Jansson, New Wave Group CEO and major shareholder

- Arne Lööw, Fjärde AP-fonden

- Kenneth Andersen, Handelsbanken

The Nomination Committee represents 86.4% of the votes in New Wave Group as at 31 December 2008. All shareholders can contact the Nomination Committee to propose candidates to the Board. The Nomination Committee has convened several times and in between meetings maintained contact via phone and email. Among its many issues, the Nomination Committee has evaluated the Board of Directors on the basis of the company’s future development and challenges to ensure a strong combination of expertise and experience.