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VNV Global Board/Management Information 2011

Oct 25, 2011

3125_rns_2011-10-25_ea63a15c-c9ee-468c-9439-29040a8cfd31.pdf

Board/Management Information

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News Release October 25, 2011

Vostok Nafta Investment Ltd's Nomination Committee

Vostok Nafta Investment Ltd is pleased to announce the composition of the Nomination Committee for the 2012 Annual General Meeting in accordance with the resolution at the Annual General Meeting 2011

The Nomination Committee has been formed with the following members: Ian H. Lundin, appointed by Lorito Holdings Ltd Leif Törnvall, appointed by Alecta Albert Hæggström, appointed by Alfred Berg/Länsförsäkringar

At the Nomination Committee's first meeting Ian H. Lundin was elected Chairman of the Committee.

The main tasks of the Committee shall be to make recommendations to the AGM regarding:

  • Election of Chairman and other board members
  • Fees for the Chairman and other board members
  • Election of auditors and auditors' fees
  • Election of Chairman at the AGM

  • Principles for appointment of the Nomination Committee for the AGM in 2013

Shareholders who wish to present a motion to the AGM in 2012 regarding the above-mentioned issues should contact the Chairman of the Nomination Committee via e-mail at [email protected], not later than 28 February, 2012.

For further information please contact:

Robert Eriksson, Head of Investor Relations, Tel +46 8 545 015 50