Axactor SE

Proxy Solicitation & Information Statement • May 30, 2014

NMG: Flagging

NMG: Flagging

In connection with the Annual General Meeting of Nickel Mountain Group

AB (NMG), to be held on Wednesday June 4, 2014, depute member of the

Board Erlend Dunér Henriksen has received proxies to represent and vote

for 7,891,327 shares held by the minority shareholders. Following the

recent change in share number, this represents 34.76% of the outstanding

shares and voting rights in the Company.

Erlend Dunér Henriksen controlles 148,498 shares held by his wholly

owned company Renud Invest AS.

This information is subject to the disclosure requirements pursuant to

section 4 of the Norwegian Securities Trading Act.

For information, please contact:

Erlend Dunér Henriksen

Deputy Board member

Mobile: +47 920 18 950

Email: erlend@henriksen.as