Axfood — AGM Information 2008

Oct 14, 2008

PRESS RELEASE, 14 October 2008

Nominating Committee

Axfood AB's principal owner has appointed a nominating committee to serve up until the next Annual General Meeting. One of the Nominating Committee's tasks is to submit recommendations on the number of Board members and the composition of the Board of Directors to the Annual General Meeting on 10 March 2009.

The following people have been named to serve on the Nominating Committee:

Hans Dalborg, chairman Antonia Ax:son Johnson, Axel Johnson AB Christian Smeby, Reitanhandel AS Anders Oscarsson, SEB Fonder Jonas Hillhammar, Axfood's Shareholder association

For further information, please contact: Karin Hygrell-Jonsson, CFO, Axfood AB, +46-706-62 69 70

Axfood AB conducts retail trade through the wholly owned store chains Hemköp, Willys, Willys hemma and PrisXtra, comprising approximately 220 stores, and wholesale trade through Dagab and Axfood Närlivs. In addition, Axfood collaborates with a number of proprietor-run stores that are tied to Axfood through agreements. These include stores within the Hemköp chain as well as stores run under the Handlar'n and Tempo profiles. In all, Axfood collaborates with over 500 proprietor-run stores. Axfood is listed on the Nordic Large Cap list of the OMX Nordic Exchange in Stockholm. Axel Johnson AB is the principal owner, with approximately 46% of the shares.