Information from the 2015 AGM of H & M Hennes & Mauritz AB

Regulatory News:

H & M Hennes & Mauritz AB (STO:HMB)

29 April 2015

On Wednesday 29 April H & M Hennes & Mauritz AB held its annual general meeting under the chairmanship of lawyer Sven Unger. The AGM approved the dividend of SEK 9.75 per share in accordance with the board of directors’ proposal. The record day is 4 May 2015.

The dividend is expected to be paid out by Euroclear Sweden AB on 7 May 2015.

The annual general meeting adopted the income statement and balance sheet for the parent company and the group. The AGM discharged the members of the board and the chief executive officer from liability for the 2013/2014 financial year.

All the board members elected by the AGM – Anders Dahlvig, Lottie Knutson, Sussi Kvart, Lena Patriksson Keller, Stefan Persson, Melker Schörling, Christian Sievert and Niklas Zennström – were re-elected by the meeting. As in 2014, the board of directors comprises eight members elected by the AGM. Stefan Persson was re-elected as chairman of the board.

The regular members appointed previously by the trade unions are Margareta Welinder and Ingrid Godin, with Alexandra Rosenqvist and Rita Hansson as deputy members.

The AGM approved the proposal from the nomination committee that the board fees be increased by SEK 300,000 to a total of SEK 5,825,000. The board fees are broken down as follows: chairman of the board SEK 1,550,000; members elected by the AGM SEK 550,000; members of the auditing committee an extra SEK 125,000; and the chairman of the auditing committee an extra SEK 175,000.

The AGM approved the nomination committee’s proposed principles for the nomination committee and elected the members of the nomination committee for the period up to the appointment of a new nomination committee. The members of the nomination committee are Stefan Persson, Lottie Tham, Liselott Ledin (Alecta), Jan Andersson (Swedbank Robur fonder) and Anders Oscarsson (AMF and AMF Fonder).

The AGM approved the resolution proposed by the board concerning guidelines for remuneration to senior executives.

The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under Sweden’s Securities Market Act. It was released for publication at 17.00 (CET) on 29 April 2015.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the group includes the brands COS, Monki, Weekday, Cheap Monday and & Other Stories as well as H&M Home. Today the H&M group has more than 3,500 stores in 57 markets. In 2014, sales including VAT were just over SEK 176 billion and the number of employees was more than 132,000. For further information, visit www.hm.com.

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