HMS Networks

AGM Information • Apr 19, 2010

Press release Halmstad, Sweden April 19, 2010

Minutes from Annual General Meeting in HMS

HMS Networks AB (publ) held its Annual General Meeting on April 19, 2010. The Meeting resolved in favour of all proposed matters in accordance with the proposals of the Board of Directors. The main contents of the most important resolutions are described below.

Resolution regarding dividend

The Meeting resolved to approve the Board of Directors' proposal of a dividend for fiscal year 2009 of SEK 1.00 per share. April 22, 2010 was set as the record date for the dividend. It is expected that the dividend will be disbursed by Euroclear AB on April 27, 2010.

Resolution regarding adoption of the income statement and balance sheet

The Meeting resolved to adopt the income statement and balance sheet of HMS Networks AB submitted by the Board of Directors as well as the consolidated income statement and balance sheet. The Board and the President were discharged from liability for the 2009 fiscal year.

Change in Company articles of association

The Meeting resolved to approve the Board of Directors' proposal to change §8 Board of directors, to have the wording: The Board shall, to the part it is decided by the general meeting, consist of at least three (3) but not more than seven (7) board members, without or not more than two (2) deputies.

Resolution regarding election of the Board, auditors and fees

The Annual General Meeting resolved in accordance with the Nominating Committee's proposals, namely

• that seven (7) Board members should be elected and no deputy members,

• that the following Board members should be re-elected: Ray Mauritsson, Göran Sigfridsson Henrik Johansson and Nicolas Hassbjer.

• that Gunilla Wikman and Charlotte Brogren are elected as new board members
• that Urban Jansson should be re-elected as Chairman of the Board

• that fees totalling SEK 825 000 shall be paid to the Board to be distributed among members who are not employees of the Company, with SEK 225 000 to the Chairman and SEK 100 000 to each Board member.

Resolution regarding guidelines for determining salaries and other remuneration to the President and other members of company management

The Meeting approved the Board's proposal of guidelines for determining salaries and other remuneration to the President and other persons in company management.

Resolution regarding criteria relating to appointment of members to the Nominating Committee, etc.

The Annual Meeting adopted the Board's proposal of criteria relating to appointment of members to the Nominating Committee.

All of the Annual General Meeting's resolutions were passed with the requisite majority.

For further information please contact: Gunnar Högberg, CFO and Investor Relations, telephone: +46 35 17 29 95, email guh@hms.se

HMS Networks AB (publ) is a world-leading supplier of communication technology for industrial automation. Sales for 2009 amounted to SEK 245 million. Over 90% of these sales were to customers located outside Sweden. All development and the major portion of manufacturing is carried out at the head office in Halmstad. Sales offices are located in Japan, China, Germany, the USA, Italy and France. HMS has 154 employees and produces network interface cards and products to interconnect different networks under the trademark Anybus®. The network interface cards are embedded in automation equipment such as inverter drives, robots, control systems and sensors. This allows subcomponents in machines to communicate with one another and with different networks in order to build more efficient and flexible automation systems with reduced energy consumption.HMS is listed on NASDAQ-OMX Nordic Exchange in Stockholm in the category Small Cap, Information Technology.