Proact IT Group — Board/Management Information 2018

Feb 22, 2018

Press release, 22 February 2018

Change of the Nomination Committee in Proact IT Group AB

As previously announced, a Nomination Committee, in accordance with the decision of the Proact Annual General Meeting 2017, has been appointed to work out proposals to be submitted at the Company's Annual General Meeting 2018. The Nomination Committee shall be represented by the company's four largest shareholders regards to voting rights as well as the Chairman of the Board.

Swedbank Robur Fonder has divested its entire shareholding in Proact IT Group AB on February 12, 2018. At the same time, as of 12 February 2018, TVF TopCo Limited acquired shares in Proact IT Group AB, which means that they are now the third largest shareholder in terms of voting rights. Due to these share transactions, a new Nomination Committee has been formed consisting of Jens Ismunden (Grenspecialisten), Stephanie Gabrielsson (Skandia Liv), Erik Malmberg (TVF TopCo Limited) and Anders Hultmark (IGC and outgoing Chairman of Proact IT Group AB).

For further information, please contact:

Jens Ismunden, Chairman of the Nomination Committee, telephone: +46 730 31 25 81

About Proact

Proact is Europe's leading independent data centre and cloud services provider. By delivering flexible, accessible and secure IT solutions and services, we help companies and authorities reduce risk and costs, whilst increasing agility, productivity and efficiency. We've completed over 5,000 successful projects around the world, have more than 3,500 customers and currently manage in excess of 100 petabytes of information in the cloud.

The Proact Group has more than 800 employees and operates in 15 countries in Europe and in the USA. Proact was founded in 1994, and its parent company Proact IT Group AB (publ) has been listed on Nasdaq Stockholm under the symbol PACT since 1999.

For further information about Proact's activities please visit us at www.proact.eu