Pursuant to the instruction for Eltel AB´s Nomination Committee the company shall have a Nomination Committee comprising one representative for each of the four largest shareholders, registered with Euroclear Sweden AB on the last banking day in August the year before the Annual General Meeting (AGM). On 31 August 2023, the four largest shareholders of Eltel AB were Solero Luxco S.á.r.l. (a company controlled by Triton Funds), Wipunen Varainhallinta Oy, the Fourth Swedish National Pension Fund (AP4), and Heikintorppa Oy. All of the shareholders referred to above together represent 48.2% of the votes in the company.

The Nomination Committee has now been appointed and comprises the following members: Gustaf Backemar, Solero Luxco S.á.r.l. (16.4% of votes); Peter Immonen, Wipunen Varainhallinta Oy (14.3% of votes); Thomas Ehlin, the Fourth Swedish National Pension Fund (AP4) (9.6% of votes); Ingeborg Åkermarck, Heikintorppa Oy (7.9% of votes); Gustaf Backemar has been appointed as chairman of the Nomination Committee.