Report from the Annual General Meeting of Indutrade AB on 26 April 2017

Indutrade’s Annual General Meeting was held on 26 April 2017, at IVA’s Conference Center, Grev Turegatan 16, Stockholm.

The AGM resolved on dividends of SEK 3.20 per share. The record date for the dividends was set to 28 April 2017. Dividends are expected to be distributed via Euroclear Sweden on 4 May 2017.

Fredrik Lundberg, Bengt Kjell, Ulf Lundahl, Katarina Martinson, Krister Mellvé and Lars Pettersson were re-elected as directors. Susanna Campbell and Bo Annvik were elected as new board members. Fredrik Lundberg was re-elected as chairman of the board.

PricewaterhouseCoopers AB was re-elected as the company’s auditor for the period until the end of the AGM 2018.

The AGM resolved to adopt guidelines for remuneration and other terms of employment of the senior executives in accordance with the board of directors’ proposal.

The AGM further resolved in accordance with the board of director’s proposal to implement a long-term incentive programme (LTI 2017) on terms and conditions principally similar to the current programme (LTI 2014). LTI 2017 comprises 180 senior executives and other key employees within the Indutrade group who are offered to acquire a maximum of 704,000 warrants that each entitles to subscription for one share in Indutrade. The subscription price of the shares shall be 120 percent of the volume weighted average price of Indutrade’s shares during a reference period in connection with the participants’ acquisition of the warrants.

In order to implement LTI 2017, the AGM resolved on a directed issue of warrants with deviation from the shareholders’ preferential rights to a wholly-owned subsidiary of Indutrade. To enable participation for additional executives and those who are unable to participate from the start of the programme, no more than 704,000 warrants in Series I and no more than 200,000 warrants in Series II are issued. The AGM resolved to transfer no more than 704,000 warrants in total to the participants on the terms and conditions that apply for the programme.

More information about the AGM is available at the company and on the company’s website: www.indutrade.com, under About Indutrade/Corporate governance/General shareholder’s meeting/AGM 2017.

Stockholm, 27 April 2017

Indutrade Aktiebolag (publ)