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Saab Global

Marcus Wallenberg proposed to succeed Anders Scharp as Chairman of the Board of Saab AB

Lennart Johansson has been proposed for election onto the Saab Board of Directors. Erik Belfrage, Stephen Henwood, Peter Nygårds, George Rose, Per-Arne Sandström, Åke Svensson, Lena Treschow Torell and Marcus Wallenberg have been put forward for re-election.

Anders Scharp that has been Chairman of the Board since 1990 has declined re-election. Marcus Wallenberg who has been a member of the board since 1992 and Deputy Chairman since 1993 is proposed as Chairman of the Board. Lennart Johansson, born 1955, has been on the management team of Investor AB since January 1, 2006, as head of Business Development. He worked at Atlas Copco in 1982-1985 and 1987-2000, first in accounting and internal control and later in various managerial positions, and as part of the corporate management from 1991. The proposed number of Board members is nine, with no deputy members. The Nomination Committee members are Adine Grate Axén, Chair (Investor), Peter Wallenberg Jr (Knut & Alice Wallenberg Foundation), Mats Lagerqvist (Robur), Christer Elmehagen (AMF Pension) and Anders Scharp (Chairman of the Board of Saab). Notice to attend the Annual General Meeting and an agenda will be published in the Swedish newspapers Svenska Dagbladet, Dagens Nyheter, Post och Inrikes Tidningar and Dagens Industri on March 2, 2006 and online at