In accordance with a resolution passed by the 2017 Annual General Meeting, the shareholder with the most shares and votes – after consulting with the three next largest shareholders – has appointed a nominating committee. The Nominating Committee has the following composition: Caroline Berg, Axel Johnson AB Tomas Risbecker, AMF Insurance & funds Liza Jonson, Swedbank Robur funds Johan Strandberg, SEB funds Vegard Søraunet, ODIN funds Axfood's Chairman, Mia Brunell Livfors, is a co-opted member of the Nominating Committee. The Nominating Committee is tasked with – ahead of the 2018 Annual General Meeting – drafting recommendations for a chairman to preside over the Annual General Meeting, election of the Chairman of the Board and other board members, directors' fees, election of auditors and auditors' fees, and guidelines for appointment of the Nominating Committee.