Systemair

AGM Information • Aug 29, 2013

Press Release, 29 August 2013

Announcement from Systemair AB (publ) Annual General Meeting 2013

Systemair (NASDAQ OMX Stockholm: SYSR) held its Annual General Meeting on August 29, 2013 in the Systemair Expo in Skinnskatteberg, Sweden. The Meeting voted unanimously in favour of the Board's proposal in all suggestions.

The most important decisions main content were:

Dividend

The Board's proposal of a dividend of SEK 1.50 per share was approved by the Meeting. The record date for dividend was determined Tuesday, September 3 2013. The dividend will be paid through Euroclear Sweden AB on Friday, 6 September 2013.

The Board

The meeting followed the Nomination Committee's proposal and re-elected board members Elisabeth Westberg, Lars Hansson, Göran Robertsson, Hannu Paitula and Gerald Engström. Lars Hansson was elected chairman. Jürgen Zilling declined re-election as a director.

Proposed fees for the board and audit committee

The meeting resolved that the directors' remuneration per director and the chairman shall be as follows. SEK 500,000 to the Chairman and SEK 250,000 to each of the other members not employed by the company. All in all, are paid with SEK 1,250,000.

For further information, please contact: Lars Hansson, chairman of the board, +46 70 895 90 02 Gerald Engström, CEO, + 46 222 44 001, + 46 70 519 00 01 Glen Nilsson, CFO, + 46 222 44 003, + 46 70 654 40 03

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

Note: The information in this press release is information that Systemair AB is required to disclose in accordance with the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. Swedish and English versions of this information have been submitted for publication at 17.30 am on 29 August 2013.

Systemair in brief

Systemair is a leading ventilation company with operations in 44 countries in Europe, North- and South America, the Middle East, Asia and South Africa. The Company had sales of SEK 4.55 billion in financial 2012/13 and currently employs about 4,100 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.

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.