The work of the Board

The Board of Directors safeguards the shareholders’ long-term interests and has the ultimate responsibility for the company’s organisation and administration. The Board of Directors also adopts the Rules of Procedure for the Board and instructions for the CEO. The Board of Directors has decided on a number of policies, guidelines and instructions relating to the company’s operations.

Chairman of the Board

The Chairman of the Board is elected by Bonava’s AGM and leads the Board’s work. The AGM on 9 April 2025 re-elected Mats Jönsson as Chairman of the Board. The Chairman ensures that the Board carries out its work efficiently and fulfils its obligations, and that Board resolutions are implemented by the company and management. The Chairman ensures that the Board of Directors receives the information and supporting documentation required to make well-informed decisions.

Work of the Board of Directors in 2024

In 2024, the Board held 17 meetings. The agenda for every regular Board meeting includes a number of standing items: the CEO’s summary of operations, divestments and investments, financial reporting, a summary of major exposures and reports on any potential health and safety and Code of Conduct incidents. In 2024, the Board of Directors focused on the company’s long-term financing. This work included the financing package finalised in the first half of 2024, including the implementation of a new share issue, the extension of the existing bond loan and an extension of the company’s loan agreements. In addition, the Board devoted time to issues related to changing market conditions in the business units and the impact of this on local operations, as well as decisions on major land and project sales and investments.