Axfood's Annual General Meeting (AGM) has resolved that the Nominating Committee be composed of members of whom one is appointed by each of the four larger known shareholders in the Company in terms of votes as per the last business day in August the year before the AGM, of which at least the six large shareholders shall be asked for a Nominating Committee of at least three members to be appointed. This process has now been completed and the Nominating Committee ahead of the 2023 AGM has the following composition: Marie Ehrling, Axel Johnson AB, committee chair, Sussi Kvart, Handelsbanken Funds, Joachim Spetz, Swedbank Robur Funds, and Richard Torgerson, Nordea Funds. Axfood's Chairman, Mia Brunell Livfors, is a co-opted member of the Nominating Committee.

Altogether the Nominating Committee represents approximately 56.5% of the votes and capital in Axfood as per 31 August 2022.