Proposals by Hiab's Shareholders’ Nomination Board to the Annual General Meeting 2026

Core Points - The Shareholders' Nomination Board of Hiab Corporation proposes to confirm the number of members of the Board of Directors as seven for the Annual General Meeting scheduled for March 24, 2026 [1] - Current members Eric Alström, Raija-Leena Hankonen-Nybom, Casimir Lindholm, Jukka Moisio, Tuija Pohjolainen-Hiltunen, Ritva Sotamaa, and Luca Sra are proposed for re-election, with Jukka Moisio suggested as Chair and Casimir Lindholm as Deputy Chair [2][3] - All proposed candidates have consented to be elected and are assessed as independent, except for Casimir Lindholm, the former President and CEO [3] Board Composition and Governance - The Nomination Board recommends that shareholders vote on the proposal as a whole, emphasizing the separation of the Nomination Board from the Board of Directors in line with Nordic governance practices [4] - The Nomination Board ensures that nominees possess the necessary competencies and that the overall Board composition meets Finnish Corporate Governance Code requirements [4] Remuneration Structure - Proposed fixed annual remuneration for Board members includes: Chair at EUR 170,000, Vice Chair at EUR 100,000, and other members at EUR 85,000 [6] - Additional fixed remuneration is proposed for committee members, with meeting fees structured based on the location of the meetings [5][6] - 40% of the annual Board and Committee fees will be paid in the Company's class B shares, with the remainder in cash [5] Share Purchase and Reimbursement Policies - Shares will be purchased within two weeks of the interim report publication for the period January 1, 2026, to March 31, 2026 [7] - The company will cover costs related to share purchases and reimburse travel and accommodation expenses according to company policy [7] Nomination Board Composition - The Nomination Board consists of four members appointed by the two largest shareholders of class A shares and the two largest shareholders of class B shares [9][10] - The Chair of Hiab's Board of Directors participates in the Nomination Board's work as an expert without decision-making rights [10] Company Overview - Hiab is a leading provider of smart and sustainable on-road load-handling solutions, with sales in 2024 totaling approximately EUR 1.6 billion and employing over 4,000 people [11]