Axfood — Board/Management Information 2009

Oct 21, 2009

Nominating Committee

Axfood AB's principal owner has appointed a nominating committee. 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 2010.

The following people have been named to serve on the Nominating Committee: Göran Ennerfelt, Chairman Christian Smeby, Reitangruppen AS Kerstin Stenberg, Swedbank Robur Fonder Hans Ek, SEB Fonder Jonas Hillhammar, Axfood´s Shareholders association

The Chairman of the Board of Axfood, Fredrik Persson, is a co-opted member of the Nominating Committee

For further information, please contact: Karin Hygrell-Jonsson, CFO, Axfood AB, 0706-62 69 70

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Axfood AB conducts food retail and wholesale trade in Sweden. The Group's retail operations are conducted through the wholly owned Willys, Hemköp and PrisXtra chains, comprising 226 stores in all. In addition, Axfood collaborates with a large number of proprietorrun stores that are tied to Axfood through agreements. These include stores within the Hemköp and Willys chains as well as stores run under the Handlar'n and Tempo profiles. In all, Axfood collaborates with some 650 proprietor-run stores. Wholesale business is conducted via Dagab and Axfood Närlivs. Axfood is listed on Nasdaq OMX Stockholm AB's Large Cap list. Axel Johnson AB is the principal owner with approximately 46% of the shares.