Audit Committee

Karolinska Development's Audit Committee consists of three members: Ben Toogood (Chairman), Anna Lefevre Skjöldebrand and Philip Doung, each being independent of the company and its executive management.

The main tasks of the Audit Committee are to

• monitor the company's financial reporting,
• monitor the efficiency of the Company's internal control, internal audit and risk management, with respect to financial reporting;
• remain informed about the audit of group reporting and financial statements,
• review and monitor the impartiality and independence of the auditor, and in that respect particulary pay attention to non-audit services provided by the auditor, and
• assist in the preparation of proposals to the Annual General Meeting regarding election of auditors.

Renumeration Committee

Karolinska Development 's Remuneration Committee consists of three members: Ben Toogood (Chairman), Anna Lefevre Skjöldebrand and Philip Doung, each being independent of the company and its executive management.

The main tasks of the Remuneration Committee are to

• prepare the board's decisions on issues concerning principles for remuneration, remunerations and other terms of employment for the executive management,
• monitor and evaluate programmes for variable remuneration, both ongoing and those that have ended during the year, for the executive management, and
• monitor and evaluate the application of the guidelines for remuneration that the annual general meeting is legally obliged to establish, as well as the current remuneration structures and levels in the company.

Investment Committee

Karolinska Development 's Investment Committee consists of three members: Ben Toogood (Chairman), Anna Lefevre Skjöldebrand and Philip Doung,. The main tasks of the Investment Committee are to prepare and analyze investment proposals and submit recommendations to the Board of Directors.