Board of Directors
Bernt Magnusson Born 1941, MSc, MA (Econ & Pol. Science). Chairman since 1995. Board member since 1993. Chairman of the Compensation Committee and member of the Nominating Committee. Other Board assignments: Board Chairman of Fareoffice AB and Kwintet AB. Board member of Volvo Car Corp., Höganäs AB, Pharmadule AB, Net Insight AB and Coor Service Management AB.
Previous assignments in the Company: Bernt Magnusson has been a member of the Swedish Match Board of Directors for 13 years and is not considered independent in relation to the Company according to the Swedish Code of Corporate Governance. Previous positions:
Controller, SCA; Consultant, R.N.Herbert, US; Financial and Administrative Manager, Alfa-Laval, Agri-gruppen; Vice President, Alfa-Laval, South Africa; Vice President Alfa-Laval Agrar, Germany; Division Manager of Uddeholm’s Forest-products Industry Division; Executive Vice President, Swedish Match AB and President of the Match Division, Switzerland; President and CEO, Nordstjernan AB; Board Chairman and CEO, NCC AB, Board Chairman, Nobel Industrier AB, Assi Domän AB and Skandia AB. Own and related parties’ shares: 18,058. Independent in relation to the Company/management group: No.
Independent in relation to the Company’s largest shareholders: Yes.
Sven Hindrikes Born 1950, MBA. Board member since 2005. President and Chief Executive Officer of Swedish Match AB since 2004. Joined Swedish Match in 1998. Member of Group management since 1998. Sven Hindrikes is employed by the Company and is thus not considered an independent Board member. Previous positions: formerly employed by ABB in Mexico and Executive Vice President of ABB Canada; Executive Vice President of Linjebuss AB. Own and related parties’ shares:
20,000. Call options: 61,872.
Independent in relation to the Company/management group:No.
Independent in relation to the Company’s largest shareholders: Yes.
Andrew Cripps Born 1957, BA, University of Cambridge. Board member since 2006. Member of the Audit Committee. Other Board assignments: Non-executive director and Chairman of the Remuneration Committee and member of the Audit and Nominating Committees of Trifast Plc. Chairman of The Board of Trustees of Oxford House in Bethnal Green Inc. Previous positions: Managing Director, Rothmans Holdings BV; President, Ed. Laurens International SA; Director, Carreras Group Ltd; Director of Corporate Finance, Rothmans International. Various senior positions with British American Tobacco. Chartered Accountant and member of the Institute of Chartered Accountants of England and Wales. Own and related parties’ shares: 2,200. Independent in relation to the Company/management group: Yes.
Independent in relation to the Company’s largest shareholders: Yes.
Arne Jurbrant Born 1942, MBA. Board member since 2002. Member of the Compensation Committee. Other Board assignments: Member of the IFL/MTC Foundation. Previous positions: President’s assistant, Pripps Bryggerier; Product Manager, Pripps Bryggerier; Marketing Manager, General Foods; Sales Manager, General Foods; President, General Foods Denmark; President, General Foods Sweden/Denmark; CEO, Kraft Foods Nordic Region. Own and related parties’ shares: 3,000. Independent in relation to the Company/management group: Yes.
Independent in relation to the Company’s largest shareholders: Yes.
Conny Karlsson Born 1955, Master of economics and business administration. Board member since 2006. Member of the Compensation Committee. Other Board assignments: Board Chairman of Lindex AB and Zodiak television AB, Board member of Carl Lamm AB and Telia Sonera AB. Previous positions: Marketing Director, Procter & Gamble E&SO; Marketing Director and Regional Director, Procter & Gamble Scandinavia; Marketing Director, Procter & Gamble UK; President, Duni AB. Own and related parties’ shares: 1,000. Independent in relation to the Company/management group:Yes.
Independent in relation to the Company’s largest shareholders: Yes.
Karsten Slotte Born 1953, MBA. Board member since 2004. Member of the Audit Committee. Executive Vice President of Oy Karl Fazer Ab. Other Board assignments: Board member of Oy Onninen, Finnish Association of Convenience Goods Suppliers, Finnish-Swedish Chamber of Commerce in Stockholm. Previous positions: Commercial attaché, Finnish Consulate-General in Hamburg; Export advisor, Finnish Foreign Trade Agents’ Federation; Export Manager, Cultor Vasamills; President, Leipurien Tukku, LT-Tukku; President, Cultor Vasamills; President, Fazer Konfektyr; President and CEO, Cloetta Fazer. Own and related parties’ shares: 4,600. Independent in relation to the Company/management group: Yes.
Independent in relation to the Company’s largest shareholders: Yes.
Kersti Strandqvist Born 1963, B.Sc., MBA. Board member since 2005. Member of the Audit Committee. Business Area Manager for Feminine Care within SCA Personal Care. Previous positions: Neste Chemicals (Sweden, Finland, Belgium), Elf Atochem (France); Director of R&D for Incontinence Care, SCA Hygiene Products; Business Area Manager for Baby Care within SCA Personal Care. Own and related parties’ shares: 1,310. Independent in relation to the Company/management group: Yes.
Independent in relation to the Company’s largest shareholders: Yes.
Meg Tivéus Born 1943, MBA. Board member since 1999. Chairman of the Audit Committee.
Other Board assignments: Chairman of Boss Media. Board member of Cloetta Fazer AB, Billerud AB, Danderyds Sjukhus AB, Nordea Fonder AB and Synerco AB. Prior Board assignments for Statens Provningsanstalt AB, Operan AB, Postgirot AB, Kommentus AB, SNS, SJ and Framfab. Previous positions:
Project Manager at McCann Ericsson Advertising; Product Manager at Modo AB; Division Manager at Åhléns AB; Division Manager at Holmen AB; Vice President of Posten AB; President of Svenska Spel AB. Own and related parties’ shares: 2,100. Independent in relation to the Company/management group: Yes.
Independent in relation to the Company’s largest shareholders: Yes.
Employee representatives
Kenneth Ek Born 1953. Board member since 1999. Appointed by the Council for Negotiation and Co-operation (PTK) within Swedish Match. Board member of the Swedish Association of Management and Professional Staff (Ledarna) at the snus plant in Gothenburg, Sweden. Previous positions:
Electrician, Electrical Manager, Technical Manager, strategic/ industrial projects at Swedish Match’s plant in Gothenburg.
Own and related parties’ shares: 0
Eva Larsson Born 1958. Board member since 1999. Appointed by the Swedish Trade Union Confederation (LO) within Swedish Match Industries. Chairman of the trade union association at the match plant in Tidaholm, Sweden. Previous positions: Line Operator, Insurance Manager for insurance policies of persons employed under collective agreements at Swedish Match’s match plant in Tidaholm.
Own and related parties’ shares: 0
Joakim Lindström Born 1965. Board member since 1999. Appointed by the Swedish Trade Union Confederation (LO) within Swedish Match. Chairman and member of the nomination body of the Swedish Food Workers’ (Livs) trade union association in Solna, Stockholm, Sweden. Previous positions:
Module technician at Swedish Match’s distribution facility in Solna.
Own and related parties’ shares: 0
Employee representatives (deputies)
Håkan Johansson Born 1963. Deputy member since 2004. Appointed by the Swedish Trade Union Confederation (LO) within Swedish Match. Previous positions: Line Operator at Swedish Match’s distribution facilities in Malmö and Gothenburg.
Own and related parties’ shares: 0
Eeva Kazemi-Vala Born 1949. Deputy member since 2004. Appointed by the Council for Negotiation and Co-operaton (PTK) within Swedish Match. Previous positions: Stockholm University, Casco AB and Karolinska Institute. Bioanalyst, Research Chemist, Marketing Assistant, Market Research Manager, Market Coordinator, Market Analysis, Swedish Match North Europe.
Own and related parties’ shares: 500
Auditors KPMG Bohlins AB
Senior Auditor: Thomas Thiel. Born 1947. Authorized Public Accountant. Swedish Match Auditor since 2004. Thomas Thiel’s other auditing assignments include Atlas Copco, Ericsson, Holmen, Kungsleden, PEAB, Ratos, SKF and Svenska Handelsbanken.
Holdings of own and related parties shares as of March 1, 2007.
Consolidated Income Statement
