AP2 favours having a representative on the nomination committees of portfolio companies, as this provide a valuable opportunity to exercise investor influence.
The Fund practices a policy of accepting all invitations to participate in the nomination process. The Fund’s governance committee decides who is to represent it, based on whoever is best qualified for the task. Since nomination committees usually consist of the three to five largest shareholders in a company, the Fund’s nomination assignment varies, depending on the size of its holding.
For the 2021 AGM season, AP2 is represented on the nomination committees of IAR Systems and Catena Media, as chair, and in Better Collective, Coor Service Management, Genovis, Kambi, Loomis and Trelleborg.