Systemair

Board/Management Information • Feb 23, 2016

Press Release, 23 February 2016

Systemair Nomination Committee

At the annual meeting on 27 August 2015 it was decided that the Nomination Committee should contain representatives for the three largest shareholders or shareholder groups in terms of votes, according to Euroclear Sweden AB's printout of the share register on 31 January 2016.

We hereby announce that, after consultations with the company´s three largest owners, a Nomination Committee has been appointed, containing the following:

• Gerald Engström (Chairman), Färna Invest AB
• Gerhard Sturm, representing ebmpapst AB
• Björn Henriksson, Nordea Fonder

Shareholders who wish to contact the Nomination Committee are invited to send an e-mail to Anders Ulff, CFO, Systemair AB, anders.ulff@systemair.se.

The annual meeting will held on 25 August 2016, at 15.00 (CET) in Skinnskatteberg, Sweden.

For further information contact: Gerald Engström, Chairman of the Board, +46 222 440 01, + 46 70 519 00 01 Roland Kasper, CEO, +46 222 440 13, +46 73 94 40 13

Systemair AB, SE-739 30 Skinnskatteberg, Sweden, +46 222 440 00, www.systemair.com

Note: The information here is that which Systemair AB has willingly chosen to make public or that which it is obliged to make public according to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was published at 08:00 (CET) on 23 February 2016.

Systemair in brief

Systemair has well-established operations in growth markets. The Group's products are marketed under the Systemair, Frico, VEAB, Fantech, Menerga and Holland Heating brands. Systemair shares have been quoted on the Mid Cap List of the OMX Nordic Exchange in Stockholm since October 2007. The Group comprises about 60 companies.

Systemair is a leading ventilation company with operations in 47 countries in Europe, North- and South America, the Middle East, Asia and South Africa. The Company had sales of SEK 5.9 billion in financial year 2014/15 and currently employs about 4,700 people. Systemair has reported an operating profit every year since 1974, when the Company was founded. During the past 15 years, the Company's growth rate has averaged about 13 percent.