Peab Appoints Dynamic Nomination Committee for 2026 Annual General Meeting
Peab AB (publ), one of the Nordic region’s leading construction and civil engineering companies, has officially announced the appointment of its Nomination Committee for the 2026 Annual General Meeting (AGM). The committee has been established in accordance with the principles adopted by Peab’s previous AGM and represents the company’s major shareholders as of the final banking day in June 2025.
This year’s committee sees both continuity and renewal, reflecting commitment to sound governance and stakeholder inclusion. A notable addition is Cicero Fonder, a new shareholder joining the Nomination Committee for the first time. The formation of the committee marks the first step in the preparation process for next AGM, where key corporate matters such as the election of board members and auditors will be decided.
Composition of the 2026 Nomination Committee
The appointed members of Peab’s Nomination Committee for the 2026 AGM are as follows:
- Anders Sundström, appointed by Ekhaga Utveckling AB
- Suzanne Sandler, appointed by Handelsbanken Fonder
- Christer Sterndahlen, appointed by Cicero Fonder
- Anders Runevad, Chairman of the Board, Peab AB
At its inaugural meeting, the Nomination Committee unanimously appointed Anders Sundström as its Chairman, recognizing his experience and longstanding association with Peab’s shareholder governance.
Changes in Representation
As part of the new structure, Ulf Liljedahl, who was previously appointed by AB Axel Granlund, has stepped down from the Nomination Committee for the 2026 AGM. His resignation opens the door for broader representation and reflects dynamic shareholder landscape. The addition of Cicero Fonder signifies an evolving ownership base and a growing interest among institutional investors in Peab’s operations and long-term strategy.
The shareholders who have appointed members to the committee collectively represent approximately 49 percent of the total voting shares in Peab AB. This substantial shareholding ensures that the Nomination Committee has both legitimacy and influence in shaping Peab’s corporate governance framework ahead of the 2026 AGM.
Role and Responsibilities of the Nomination Committee
Peab’s Nomination Committee plays a central role in preparing key decisions for the Annual General Meeting. Its responsibilities include:
- Proposing candidates for Chairman and members of the Board of Directors
- Recommending candidates for Auditor and determining the Auditor’s fee
- Recommending Board and Committee remuneration levels
- Ensuring diversity, competence, and independence in board composition
- Evaluating the performance of the current board and management in line with strategic goals
The committee’s work is guided by transparency, integrity, and adherence to the Swedish Corporate Governance Code. These principles aim to strengthen shareholder confidence and ensure that the company’s governance supports its long-term success and sustainable development.
Shareholder Engagement and Proposal Submission
Peab values active shareholder participation in shaping the company’s future direction. Shareholders who wish to submit proposals to the Nomination Committee—such as board nominations or governance recommendations—are invited to do so by March 6, 2026.Peab AB (publ)
Attn: Corporate Governance and Compliance
SE-269 73 Förslöv, Sweden
All proposals received by the deadline will be carefully reviewed by the committee before final recommendations are presented to the 2026 Annual General Meeting.
Details of the 2026 Annual General Meeting
The 2026 AGM will be held on April 29, 2026, at Grevieparken in Båstad Municipality, Sweden. The AGM serves as Peab’s highest decision-making body, where shareholders exercise their rights to influence the company’s governance and strategic direction.
During the meeting, Peab’s leadership will present the annual report, financial statements, and sustainability results for 2025. Key agenda items will include:
- The election of Board members and Chairman
- The appointment of auditors
- Decisions on dividends and profit distribution
- Updates on Peab’s sustainability initiatives and strategic outlook
The AGM also provides a platform for shareholders to engage directly with the company’s management, fostering an open dialogue about Peab’s business performance, market position, and long-term vision.
Commitment to Transparency and Good Governance
Peab’s decision to publicly announce the composition of its Nomination Committee well ahead of the AGM underscores its dedication to transparency and accountability. The company’s governance model is designed to balance the interests of shareholders, employees, and other stakeholders while promoting ethical business conduct and sustainable value creation.
The inclusion of a diverse mix of shareholder representatives—ranging from long-term investors to new entrants—ensures that multiple perspectives are considered in shaping the company’s future leadership. This structure reflects Peab’s belief that effective governance and strong shareholder collaboration are fundamental to driving innovation, financial stability, and growth within the construction industry
