Byggmax Group

Board/Management Information • Oct 22, 2020

Press release 22 October 2020

Nomination Committee

The 2020 Annual General Meeting of the Byggmax Group AB tasked the Chairman of the Board of Directors to, annually and not later than the end of the third quarter every year, convene the three largest shareholders in the company, as registered at August 31 according to Euroclear Sweden AB, which are then each entitled to appoint one member of the Nomination Committee. In addition to the above, the Chairman of the Board is also a member of the Nomination Committee. The mandate period of the Nomination Committee extends until such time as a new Nomination Committee has been appointed.

The Nomination Committee is comprised as follows:

Hans Christian Bratterud from Verdipapirfonde Odin Sverige Anders Algotsson from Afa Försäkring Anders Moberg, Chairman of Byggmax Group AB (publ)

The Nomination Committee prepares and submits proposals to the Annual General Meeting (AGM) in respect of: • the election of the Chairman of the AGM,

• the number of Board members,
• the election of the Chairman of the Board of Directors and other Board members on the company's Board Directors,
• directors' fees specified between the Chairman of the Board of Directors and other Board members,
• the election of and approval of fees to the auditor and deputy auditor (where applicable), and
• resolutions on principles regulating the appointment of the Nomination Committee.

The 2021 Annual General Meeting for Byggmax will be held on May 6, 2021 in Stockholm, Sweden.

Shareholders who would like to submit proposals to the Nomination Committee are welcome to do so by e-mail to: info@byggmax.se. Proposals must be submitted in good time prior to the AGM to allow the Nomination Committee to take these proposals into consideration.

Stockholm October 22, 2020

Byggmax Group AB (publ)

Helena Nathhorst, CFO Phone: +46 761 19 00 40 Email: helena.nathhorst@byggmax.se

About Byggmax Group

I Byggmax Group consists of Byggmax, Skånska Byggvaror, and Buildor. For 2018, the Group's net sales was SEK 5.3 billion. Byggmax Group is listed on Nasdaq since 2010.

Byggmax was founded in 1993 and currently operates 115 stores in Sweden, 44 in Norway and 10 in Finland and e-commerce in all three countries. Byggmax online offer consists of both the complete store assortment as well as an extensive range of online-exclusive products. Since the very beginning, Byggmax business concept has been discount DIY retailing, being the best price DIY retailer for consumers in need of high-quality construction materials. Byggmax stores are located close to the customers homes and are equipped with a drive-in system enabling easy shopping, including the loading of products directly onto the customers vehicles. During the past years, Byggmax Group has acquired Skånska Byggvaror Group and Buildor AB. Skånska Byggvaror is a distance and e-commerce retailer of building projects and materials, with strong offers in e.g., conservatories and green houses. Skånska Byggvaror operates in Sweden and Norway and online and with a number of showroom stores. Buildor is a fast growing e-commerce retailer of home improvement products.