EQT AB nominates Brooks Entwistle as its new Board member

EQT AB nominates Brooks Entwistle as its new Board member

(PRESS RELEASE) STOCKHOLM, 29-Apr-2022 — /EuropaWire/ — EQT AB, a purpose-driven global investment organization, has announced the nomination of Brooks Entwistle as its new Board member. Brooks Entwistle, currently at blockchain company Ripple, will bring a broad experience from the global capital markets and the tech industry.

Brooks Entwistle is currently SVP of Global Customer Success at blockchain company Ripple and has a vast experience from leading positions in both tech and financial markets throughout the APAC region, spanning over 30 years. Prior to joining Ripple, Brooks Entwistle served as Chief Business Officer International for Uber, responsible for business development and the firm’s relationships across Asia Pacific, EMEA and Latin America. Among previous experiences, he spent 22 years at Goldman Sachs in various capacities, including as Partner CEO of Goldman Sachs India, Goldman Sachs South East Asia, as well as CEO of Goldman Sachs Singapore.

Jacob Wallenberg, Chairperson of the nomination committee, comments, “Brooks Entwistle’s collective experience and expertise from the international tech scene and global capital markets will add vital perspectives to EQT’s growth agenda, especially with the added focus on Asia and the combination with BPEA.”

Edith Cooper has declined re-election, after serving on the Board for four years. Conni Jonsson, Chairperson of the EQT AB Board, comments, “Edith is a true challenger who has built awareness around various topics, including diversity and inclusion, and she established and developed the Remuneration Committee under a period of rapid growth. I’m very grateful for Edith’s contributions, especially during the IPO process. Her vast experience and commitment to the Board has been invaluable.”

The nomination committee’s complete proposals to EQT AB’s Annual Shareholders’ Meeting are included in the notice and the nomination committee’s motivated opinion, published on EQT’s website. EQT AB’s Annual Shareholders’ Meeting is held on 1 June 2022. The proposal of Brooks Entwistle as new Board member is subject to relevant regulatory approvals.

The nomination committee comprises Conni Jonsson, Chairperson of the EQT AB Board and members appointed by the four largest shareholders in EQT AB: Jacob Wallenberg (Chairperson of the nomination committee), appointed by Investor AB, Harry Klagsbrun, appointed by Bark Partners AB, Shireesh Vasupalli, appointed by Lennart Blecher, Hans Sterte, appointed by Alecta.

Contact

Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
Rickard Buch, Managing Director, Communications, +46 70 855 03 56
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

About EQT

EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of almost three decades of delivering consistent and attractive returns across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business’ development, from start-up to maturity. EQT today has EUR 77 billion in assets under management across 36 active funds within two business segments – Private Capital and Real Assets.

With its roots in the Wallenberg family’s entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.

The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in 23 countries across Europe, Asia-Pacific and the Americas and has more than 1,300 employees.

More info: www.eqtgroup.com

SOURCE: EQT AB

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