AQ Group

AGM Information • Jun 25, 2020

Report fromtheAnnual General Meeting 2020 ofAQ GroupAB (publ)

The shareholdersof AQ Group (publ) adopted all resolutions asproposed by the Board of Directors and Nomination Committee at the Annual General Meeting in Västerås today, June 25.

At the meeting, 59.75 percent of the share capital and votes were represented.

The most important resolutionswere:

Adoption of annual report

TheAGM adopted the company's and the group's income statements and balance sheets.

No payment of dividends

TheAGM decided in accordance with the adjusted proposal presented by the Board of Directors in the notice of this deferredAGM, which means that no dividend will be paid for the 2019 financial year.

Discharge from liability

The members of the Board of Directors and the CEOwere granted discharge from liability for the 2019 financial year.

Election of Board of Directors and Chairman of the Board

Gunilla Spongh, Lars Wrebo, Ulf Gundemark, Per OlofAndersson, Annika Johansson-Rosengren, Patrik Nolåker and Claes Mellgren were re-elected as board members. Patrik Nolåker was re-elected Chairman of the Board.

Fees for the Board of Directors and auditors

The fees to the members of the Board of Directors were resolved to remain unchanged, which means that a remuneration of SEK 450,000 shall be paid to the Chairman of the Board and SEK 200,000 shall be paid in remuneration to each of the other Board members. A remuneration of SEK 100,000 was set for the Chairman of theAudit Committee and for each of the other members of the Committee SEK 40,000. A remuneration of SEK 50,000 was set for the Chairman of the Remuneration Committee and for each other committee member, the remuneration was decided to be SEK 30,000. Fees to the auditor decided the meeting should be paid in accordance with approved invoice.

Authorisation for the Board to decide on a new share issue

TheAGM authorised the board to, on one or more occasions until the next AGM, with or without deviation from the shareholders' preferential rights, decide to increase the company's share capital through the new issue of up to 1,500,000 new shares. This authorisation shall include the right to decide upon an issue with payment in kind. The purpose of the authorisation, and the reason for the deviation from shareholders' preferential rights, is to enable financing of acquisitions.

Minutes from theAGM with complete resolutions will be made available onAQ Group's website, www.aqg.se

__________________________________________________________________________________________ For further information contact:

Patrik Nolåker, chairman of the board, telephone, +46 70-4178501

This information is AQ Group AB (publ) required to disclose in accordance with the regulations for issuers at Nasdaq Stockholm. The information was submitted for publication on June 25, 2020 at 19:00 hours CEST.

AQin brief

AQis a leading supplier to demanding industrial customers and is listed on Nasdaq Stockholm's main market.

____________________________________________________________________________________________

The Group consists mainly of operating companies each of which develop their special skills and in cooperation with other companies, provides cost effective solutions in close cooperation with the customer.

The Group headquarter is in Västerås, Sweden. AQhas, on December 31, 2019, in total about 6,300 employees in Sweden, Bulgaria, China, Estonia, Hungary, India, Italy, Lithuania, Mexico, Poland, Serbia, Finland, Canada, USA, Brazil and Germany.

In 2019AQhad net sales of SEK 5.1 billion and the group has since its start in 1994 shown profit every quarter.

www.aqg.se