Board Nomination Committee

Nykredit A/S and Nykredit Realkredit A/S have appointed a Board Nomination Committee, which considers issues of importance to these companies and the Nykredit Group

 

The tasks of the Board Nomination Committee are: 

  • to recommend to the Board of Directors candidates for election to the Board of Directors and the Executive Board

  • to ensure a formal, thorough and, to the Board of Directors, transparent process for selecting and nominating candidates for the Board of Directors, taking into account the need for diversity and different skills, as well as the recommendation that the majority of members of the Board of Directors elected by the General Meeting must be independent

  • to consider candidates proposed by relevant persons, including shareholders and members of the Executive Board and the Board of Directors

  • to prepare a description of the qualifications, experience and skills of potential and nominated candidates, including information about other directorships of Danish and foreign companies and other time-consuming positions in organisations

  • to ensure that recommendations for nomination and/or replacement of members of the Board of Directors or the Executive Board be prepared on the basis of the qualifications and skills deemed necessary by the Board Nomination Committee

  • to ensure that recommendations for nomination and/or replacement of members of the Board of Directors or the Executive Board take into account targets and the policy for the gender composition of the Board of Directors and other management levels adopted by the Board of Directors

  • to annually propose appointments to boards set up by the Board of Directors

  • to evaluate the development in the independence criteria for the Board of Directors and the Executive Board as well as the composition of the Board of Directors and the Executive Board relative to independence at least once a year

  • to set a target for the proportion of the under-represented gender on the Board of Directors and prepare a policy on how to achieve such target

  • to prepare a policy on diversity on the Board of Directors, promoting a sufficiently diverse range of skills and qualifications among the members of the Board of Directors

  • to assess regularly and at least once a year the size, structure, composition and results of the Board of Directors and the Executive Board in the light of the tasks to be performed and to report and recommend any changes to the full Board of Directors

  • to assess regularly and at least once a year whether the Board of Directors as a whole has the required combination of knowledge, professional skills, diversity and experience and whether the individual member meets the requirements of section 64 of the Danish Financial Business Act and to report and recommend any changes to the full Board of Directors

  • to review the Board of Directors' policy on the selection and appointment of members of the Executive Board where such policy has been prepared and to make recommendations to the Board of Directors in that respect, and

  • to ensure that information concerning the work of the Board Nomination Committee in the Annual Report and/or on the website of the Company is correct and satisfactory.
  • Merete Eldrup,  Former Chief Executive Officer (Chair)
  • Preben Sunke, Director
  • Michael Demsitz, former Chief Executive Officer
  • Per W. Hallgren, Chief Executive Officer

The members of the Board Nomination Committee are all members of the Board of Directors of Nykredit Realkredit A/S elected by the General Meeting.