Axactor SE

AGM Information • Jan 20, 2017

Summary of the Extraordinary General Meeting in Axactor AB (publ) conducted today

Summary of the Extraordinary General Meeting in Axactor AB (publ) conducted today

The Extraordinary General Meeting in Axactor AB (publ)

("Axactor" or the "Company") was held in Stockholm today (the

"EGM").

On the agenda was election of new Board of Directors and a

new Nomination Committee.

The EGM elected, in accordance with the amended proposal from

requesting shareholders, as announced on 10.01.17, the

following persons as new Board of Directors:

Bjørn Erik Næss (Chairman of the Board from 01.03.17)

Dag Strømme (acting Chairman until 01.03.17)

Merete Haugli

Brita Eilertsen

Beate Skjerven Nygårdshaug

Terje Mjøs

Michael Hylander (deputy board member)

Due to Bjørn Erik Næss' current employment with DNB ASA up to

1 March 2017, Mr. Næss will be participating in board

meetings as of 1 March 2017.

The EGM elected the following persons as new Nomination

Committee:

Jarle Sjo, Chairman of the Nomination Committee

Magnus Tvenge

Cathrine Lofterød Fegth

The two first mentioned members of Nomination Committee are

pursuant to the proposal in the notice of EGM dated 23.01.17

and Cathrine Lofterød Fegth replaces the third proposed

member.

All resolutions were unanimously resolved by the EGM.

At the EGM a total of 395 702 319 shares were present

directly or through proxies, corresponding to 32.26 % of the

Company's 1 226 488 769 outstanding ordinary shares at the

record date.

For further information:

Endre Rangnes, CEO, +47 4822 1111

Geir Johansen, CFO & Investor Relations, +47 47710451

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About Axactor:

Axactor is a debt collection & debt purchase company, with

presence in Spain, Italy, Germany and Norway. The company

has a Nordic base and a pan-European growth strategy, which

targets the market for non-performing loans in Europe. This

market is estimated to about 1 500 billion euros, and

Axactor's main focus is debt collection and purchase of NPL

portfolios.

Axactor is investing in new technology and standardized

systems, in order to deliver debt collection services that

exceed the expectations of its customers. Axactor was

established in 2015 and has approximately 900 employees.