The Nomination Committee of Nordisk Bergteknik intends to propose Göran Näsholm as new Chairman of the Board – current Chairman Mats O. Paulsson declines re-election

Nordisk Bergteknik’s Nomination Committee plans to propose Vice Chairman Göran Näsholm as board chairman at the Annual General Meeting on 7 May 2026 after current chairman Mats O. Paulsson declined re‑election; Näsholm has been a board member since 2021, is a former CEO of Ahlsell AB and senior Alfa Laval executive, and is one of the company’s largest shareholders via Profun Förvaltnings AB, suggesting continuity and strong shareholder alignment. The committee will present a full slate of proposals (chair of the meeting, board composition, remuneration, auditor and fees) in the AGM notice, invites shareholder submissions by 31 March 2026, and notes the final proposal may differ from its current intention.

Analysis

The Nomination Committee of Nordisk Bergteknik intends to propose Vice Chairman Göran Näsholm as Chairman of the Board at the Annual General Meeting on 7 May 2026, after current Chairman Mats O. Paulsson—who has served since 2017—declined re-election. Näsholm has been a board member since 2021, currently serves as Vice Chairman, previously held CEO and Group CEO roles at Ahlsell AB and senior management positions at Alfa Laval, and is one of the company’s largest shareholders through Profun Förvaltnings AB and private holdings.

Näsholm’s operational background and significant shareholding point to continuity in strategic oversight and greater alignment between management and large shareholders, which typically reduces governance uncertainty around the chair transition. The Nomination Committee will present a complete slate—including meeting chair, board composition, remuneration and auditor—when the AGM notice is issued, and is accepting shareholder proposals until 31 March 2026.

External signals show a mildly positive sentiment score (0.22) and low market impact (0.15), implying the market may view this as a governance realignment rather than a disruptive event; primary near-term risks are any unexpected changes in board composition, remuneration policy, or auditor selection disclosed in the AGM notice.

Key Decisions for Investors

• Monitor the AGM notice for the final proposal and any changes to board composition, remuneration or auditor that could be material to governance risk
• Treat the chair succession as likely continuity given Näsholm’s background and large-shareholder status and consider maintaining existing positions unless AGM proposals introduce substantive governance or strategic changes
• Large shareholders or active investors should consider using the 31 March 2026 submission deadline to propose or influence board/remuneration items, where relevant
• Avoid knee-jerk trading based solely on the nomination; reassess only if the final AGM slate departs materially from the committee’s current intentions