New Wave Group AB (publ) Press Release from the Nomination Committee

Regulatory News:

The Nomination Committee proposes election of Olof Persson and Elisabeth Dahlin as new board members at the Annual General Meeting on May 11, 2016. The Nomination Committee also proposes re-election of board members Torsten Jansson, Mats Årjes, Christina Bellander and M. Johan Widerberg. Anders Dahlvig and Helle Kruse Nielsen have declined re-election as board members.

Olof Persson has a background as President and Chief Executive Officer of AB Volvo (2011-2015), President of Volvo Construction Equipment 2008-2011 and President of Volvo Aero (2006-2008).

Elisabeth Dahlin is since 2008 Secretary-General of Rädda Barnen/Save the Children and has also a background as Ambassador at the Swedish Ministry for Foreign Affairs (2005-2008) where she was responsible for inter alia the Swedish Government’s work with corporate social responsibility. Before that she was also Deputy Director-General (2001-2005) with responsibility for trade politics within WTO and EU and chair of the Trade Faciltation Council, SWEPRO. She has a broad experience of trade promotion and supporting corporations from the Swedish Mission in Vietnam, Brazil and Zambia. In addition to being the President of Rädda Barnen/Save the Children, she is also a Board member of the Press Council (PON) and of the Public Service Charity Board.

The Nomination Committee constitutes of Johan Ståhl (Chairman), Lannebo Fonder, Arne Lööw, Fjärde AP-fonden and Torsten Jansson, Torsten Jansson Förvaltning AB. The Nomination Committee represents around 86 per cent of the votes associated with all shares in the company.

April 6, 2016

New Wave Group AB is listed on NASDAQ OMX Nordic Exchange in Stockholm. New Wave Group AB is an international growth company that designs, acquires and develops brands and products in the corporate promotions, sports, gifts and home furnishings sectors. For more information please visit, www.nwg.se

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