Addnode Group

Board/Management Information • Oct 30, 2017

Press release

Addnode Group's Nomination Committee appointed

Stockholm October 30, 2017

In accordance with the decision of the Addnode Group Annual General Meeting on May 4, 2017, the members appointed as a Nomination Committee will be announced until new Nomination Committee has been appointed in accordance with the mandate of the next Annual General Meeting.

The Nomination Committee has the following composition:

• Staffan Hanstorp, appointed by Aretro Capital Group AB. Staffan Hanstorp is the chairman of the election committee as the representative of the largest majority of the voters.
• Wilhelm Arnör, appointed by Vidinova AB.
• Claes Murander, appointed by Lannebo Fonder.
• Magnus Skåninger (Swedbank Robur Funds), who is appointed representative of the institutional owners.
• Wilhelm Gruvberg, who is appointed representative of the smaller shareholders.

Staffan Hanstorp is also chairman of Addnode Group's Board of Directors. The Nomination Committee deviates from the Swedish Code of Corporate Governance as the Chairman of the Board is chairman of the Nomination Committee. The reason for this deviation is that the nomination committee found that Staffan Hanstorp as the major owner is fit to lead the nomination committee's work to achieve the best results for the company's shareholders.

Addnode Group Annual General Meeting 2018 will be held April 26, 2018.

The shareholders who wish to submit proposals to the nomination committee are asked to contact the nomination committee chairman, Staffan Hanstorp, by telephone +46 (0) 733 77 24 30.

For more information, please contact:

Johan Andersson, CEO and President, Addnode Group

Tel: +46 (0) 70 420 58 31, e-mail: johan.andersson@addnodegroup.com

About Addnode Group

Addnode Group acquires, operates and develops entrepreneur-driven companies that supply software and services to markets in which we have or can achieve a leading position. We are one of Europe's leading suppliers of software and services for design, construction and product data information, and a leading supplier of document and case management systems to public sector clients in Sweden and Norway.

We are 1 400 employees in Sweden, Germany, UK, Australia, Denmark, Finland, India, Canada, Netherlands, Norway, Serbia, Slovakia, South Africa, USA and Austria. Net sales in 2016 amounted to SEK 2,195 M. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit: www.addnodegroup.com