AFRY

Share Issue/Capital Change • Nov 30, 2016

November 30, 2016

Press release from ÅF

For further information:

Jacob Landén, General Counsel, +46 708 941216

Change in number of shares and votes in ÅF AB

The sixth opportunity to convert debentures into shares under the staff convertible debenture program decided by the Annual General Meeting 2013 occurred in November 2016.

The number of shares before the conversion was 78 810 053 and the number of votes was 107 769 821. Through the conversion the numbers of B-shares and votes have increased by 48 600. The total number of shares after the conversion amounts to 78 858 653, of which 3 217 752 are A-shares and 75 640 901 are B-shares. The number of votes after the conversion amounts to 107 818 421.

Corporate Communication ÅF AB (publ)

The information contained in this press release is such that ÅF AB (publ) is required to disclose pursuant to the Financial Instruments Trading Act. The information was submitted for publication by the abovementioned contact person on November 30, 2016 at 9:00 am.

ÅF is an engineering and consulting company for the energy, industrial and infrastructure markets, creating progress for our clients since 1895. By connecting technologies we provide profitable, innovative and sustainable solutions to shape the future and improve people's lives. Building on our strong base in Europe, our business and clients are found all over the world.

ÅF – Innovation by experience