Scandic Hotels Group AB: Nomination Committee for Scandic’s AGM 2016

Regulatory News:

A Nomination Committee for the Annual General Meeting 2016 has been established in consultation with the largest shareholders in the company and in accordance with the instructions from Scandic’s General Meeting.

The Nomination Committee consists of Caspar Callerström (Sunstorm Holding AB), Joel Lindeman (Provobis through Novobis AB), Katja Bergqvist (Handelsbanken Fonder) and Vagn Sørensen (Chairman of the Board of Directors). The Nomination Committee has appointed Joel Lindeman as its Chairman. Together these shareholders represented approximately 59.93% of the votes in Scandic as per December 11, 2015.

The Nomination Committee is responsible for submitting proposals to the General Meeting in respect of the elections of Chairman at General Meetings, the Directors of the Board, the Chairman of the Board, the auditor, the resolutions regarding the remuneration of each Board member (divided between the Chairman of the Board and other Board members, and remuneration for committee work), the remuneration to the auditor, and to the extent deemed necessary, proposals for amendments to the instructions for the Nomination Committee.

Shareholders wishing to submit proposals to Scandic’s Nomination Committee should send an email to nominationcommittee@scandichotels.com, or contact the Chairman of the Nomination Committee, Joel Lindeman, directly at joel@provobisholding.se or at +46 (0)31 771 37 62.

The Annual General Meeting will be held on 12 May 2016 in Stockholm.

The information was submitted for publication on December 29, 2015 at 07:30 CET.

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