HEXPOL

AGM Information • Apr 28, 2020

This is a non-official translation of the Swedish original wording. In case of discrepancies between the English translation and the Swedish original, the Swedish text shall prevail.

Press release, Malmö, Sweden, April 28, 2020

Annual general meeting of HEXPOL AB

At today's Annual General Meeting of HEXPOL AB (publ), the following was resolved.

Board of Directors, auditor and fees

The number of directors will be seven. The meeting re-elected Georg Brunstam, Alf Göransson, Jan-Anders Månson, Malin Persson, Kerstin Lindell, Märta Schörling Andreen and Gun Nilsson. Georg Brunstam was elected Chairman of the Board. The fees to the Board of Directors shall amount to a total of SEK 3,890,000 (including fees for committee work).

Re-election of the accounting firm Ernst & Young AB, for a period of mandate of one year, consequently up to and including the Annual General Meeting 2021, whereby the accounting firm has informed that the authorised public accountant Johan Thuresson will be appointed as auditor in charge. The auditor shall be remunerated according to agreement.

At the statutory board meeting following the AGM, Georg Brunstam (Chairman) and Märta Schörling Andreen were elected members of the Remuneration Committee for the time period until the next statutory board meeting. For the same term, Gun Nilsson (Chairman), Malin Persson and Märta Schörling Andreen were elected members of the Audit Committee.

Allocation of the company's profit

The AGM resolved in accordance with the revised proposal of the Board of Directors that no dividend shall be paid to the shareholders for the financial year 2019 and that the accumulated earnings be carried forward. It is the ambition of the Board of Directors to fulfil its previously communicated dividend proposal at an extraordinary general meeting during the autumn 2020.

Nomination Committee

The meeting re-elected Mikael Ekdahl (Melker Schörling AB), Henrik Didner (Didner & Gerge Fonder) and Marcus Lüttgen (Alecta Pensionsförsäkring), and new-elected Mats Gustafsson (Lannebo fonder) as members of the Nomination Committee in respect of the AGM 2021. Mikael Ekdahl was re-elected as Chairman of the Nomination Committee.

Guidelines for remuneration to senior executives

The AGM resolved to adopt the guidelines for remuneration to senior executives in accordance with the proposal of the Board of Directors.

Amendment of the Articles of Association

The AGM resolved on amendment of the Articles of Association due to previous and expected changes in legislation in accordance with the proposal of the Board of Directors.

For further information, please contact

Peter Rosén Acting CEO & CFO peter.rosen@hexpol.com +46 (0) 40 25 46 60

HEXPOL is a world-leading polymers group with strong global market positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gasket), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily system suppliers to the global automotive and engineering industry, the construction sector, the energy, oil, and gas sector, medical equipment manufacturers and OEM manufacturers of plate heat exchangers and forklifts. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group's sales in 2019 amounted to 15,508 MSEK. The HEXPOL Group has approximately 5,100 employees in fourteen countries. Further information is available at www.hexpol.com.