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2016-05-10

Investor: Bulletin from Investor AB's Annual General Meeting, May 10, 2016

Approval of the Income Statement and the Balance Sheet
The Annual General Meeting (the "Meeting") approved the income
statement and the balance sheet for the parent company, as well as of
the consolidated income statement and the consolidated balance sheet
for the fiscal year 2015.

Dividend
The Meeting resolved, in accordance with the proposal of the Board and
the President, on dividend to the shareholders of 10.00 Swedish
kronor per share. The record date was determined as Thursday, May 12,
2016. The dividend is expected to be distributed on Tuesday, May 17,
2016.

Board of Directors
The Meeting discharged the Members of the Board and the President from
liability for the fiscal year 2015.

The Meeting re-elected the Board Members Josef Ackermann, Gunnar
Brock, Johan Forssell, Magdalena Gerger, Tom Johnstone, Grace Reksten
Skaugen, Hans Stråberg, Lena Treschow Torell, Jacob Wallenberg,
Marcus Wallenberg and Sara Öhrvall.

The Meeting re-elected Jacob Wallenberg as Chairman of the Board.

Compensation to the Board of Directors
The Meeting resolved on compensation to the Board of in total
9,995,000 Swedish kronor, which will be divided, in cash and in
so-called synthetic shares, as follows: 2,400,000 Swedish kronor to
the Chairman, 1,390,000 Swedish kronor to the Vice Chairman, 640,000
Swedish kronor to the other eight Members of the Board not employed
by the Company, and a total of 1,085,000 Swedish kronor in cash for
work in the committees of the Board.

Further, the Meeting resolved that the Members of the Board shall be
entitled to elect to receive 50 per cent of the remuneration before
taxes, excluding remuneration for committee work, in the form of
synthetic shares. Each synthetic share shall after five years entitle
to payment of an amount corresponding to the stock market price of a
share of class B in the Company at the date of payment. Dividends on
Investor shares of class B, during the period up and until payment
are credited the Member of the Board of Directors in form of
allocation of additional synthetic shares. Thus, not more than
4,455,000 Swedish kronor of remuneration to the Board shall consist
of synthetic shares.

Auditor
The Meeting re-elected the registered auditing company Deloitte AB as
Auditor of the Company for the period until the end of the Meeting
2017. Deloitte AB has informed that the Authorized Public Accountant
Thomas Strömberg will continue as the auditor in charge for the
audit.

Guidelines for Salary and Other Remuneration
The Meeting approved the Board of Directors' proposal regarding
guidelines for salary and other remuneration for the President and
other Members of the Management Group. The guidelines comply with the
guidelines decided by the Meeting 2015, however, with the exception
that pension benefits shall now consist of a premium based pension
plan, of which the ratio of pension provisions to fixed cash salary
depends on the age of the executive. The pension benefit for the
Management Group shall consists of a premium based pension plan on
all parts of the fixed salary.

Long-term Variable Remuneration Program
The Meeting approved the scope and key principles of the long-term
variable remuneration program for the Management Group and other
employees for 2016, consisting of a Stock Matching Plan and a
Performance-Based Share Program which are connected to Investor
shares of class B.

According to the Stock Matching Plan employees who choose to
participate in the program, for each share that qualifies for
participation in the Stock Matching Plan ("Participation Share") will
receive two options ("Matching Options") and a right to purchase one
Investor share ("Matching Share"). The Participation Share may either
be a share that the employee already owns or a share which is
acquired during a period following the disclosure of Investors first
interim report for 2016 as resolved upon by the Board of Directors
("Measurement Period"). The average volume weighted payment price for
the Investor share during the Measurement Period is referred to as
the "Participation Price". The Matching Share can, after a three-year
vesting period, be acquired for 10 Swedish kronor during a four-year
period. During the same period, each Matching Option entitles the
holder to purchase one share at an exercise price corresponding to
120 per cent of the Participation Price.

According to the Performance-Based Share Program, Senior Management,
after a three-year vesting period, has the right during four years to
acquire shares ("Performance Shares") at a price corresponding to 50
per cent of the Participation Price conditional upon that the total
return on the Investor shares exceeds a certain level. The annual
total return (including reinvested dividends) is measured quarterly
during the vesting period and must exceed the interest on 10-year
government bonds with more than 10 percentage points in order for
Senior Management to be entitled to acquire the maximum number of
Performance Shares, which preliminary has been allotted to the
respective Senior Manager.

The allotment of Matching Shares, Matching Options and Performance
Shares to an employee is also related to the employee's position and
is based on the employee's fixed cash salary.

Assuming a Participation Price of 275 Swedish kronor, the highest
number of shares which can be acquired by the employees as a result
of the Matching Options will be 125,000. The highest number of
Matching Shares that the employees can have the right to acquire,
including estimated remuneration for dividends, amounts to 75,000.
The highest number of Performance Shares that Senior Management can
have the right to acquire, including estimated remuneration for
dividends, amounts to 365,000. The highest number of shares that can
be acquired under the long-term variable remuneration program is
dependent upon the Participation Price and can thus increase or
decrease.

The costs for the 2016 long-term variable remuneration program as
shown on the income statement is based on the accounting principles
in accordance with IFRS-2 and amounts, with a Participation Price of
275 Swedish kronor and full participation, to approximately 24
million Swedish kronor for the Stock Matching Plan and approximately
22 million Swedish kronor for the Performance-Based Share Program.
Estimated costs for social security charges are included in these
amounts.

Purchase and Transfer of the Company's Own Shares
The Meeting authorized the Board, for the time until the Meeting of
2017, to decide on the purchase and transfer of the Company's own
shares of class A and class B, in order to give the Board wider
freedom of action in their work with the Company's capital structure,
to enable transfer of own shares under the long-term variable
remuneration program, and to secure the costs, including the social
security payments, in connection with the said program and with the
allocation of synthetic shares as part of the remuneration to the
Board of Directors.

The Meeting further resolved that transfer of own shares of class B in
the Company shall be possible to employees participating in the
long-term variable remuneration program 2016. A maximum of 800,000
shares or the higher number that may follow from a recalculation
because of a split, bonus issue or similar action may be transferred.
Transfer of own shares to employees shall be possible during the
period and at the prices which employees are entitled to purchase
shares under the program. The Company currently holds 3,699,473 own
B-shares.

Shareholder Thorwald Arvidsson
The Meeting declined all of the shareholder Thorwald Arvidsson's
proposals.

Statutory Board Meeting
At the statutory meeting of the Board, held in conjunction with the
Meeting, the following Members of the Board were elected to the
Remuneration Committee: Jacob Wallenberg (Chairman), Tom Johnstone
and Lena Treschow Torell. The following Members of the Board were
elected to the Audit and Risk Committee: Grace Reksten Skaugen
(Chairman), Gunnar Brock, Magdalena Gerger and Jacob Wallenberg.
Marcus Wallenberg was elected to Vice Chairman of the Board of
Directors of Investor AB.

At the statutory meeting, the Board approved, in accordance with the
recommendation of the Nomination Committee, to, as in 2011-2015,
establish a policy pursuant to which the Members of the Board, that
do not already have such holding, are expected to, over a five year
period, acquire an ownership in Investor shares (or a corresponding
exposure to the Investor share, for example in synthetic shares) with
a market value which is expected to correspond to at least one year
board remuneration, before taxes, excluding remuneration for
committee work.

The Board of Directors INVESTOR AB (publ)

For further information:

Stefan Stern, Head of Corporate Relations, Sustainability and
Communications, Phone 46 8 614 2058, 46 70 636 7417

Magnus Dalhammar, Head of Investor Relations, Phone 46 8 614 2130, 46
73 524 2130

Our press releases can be accessed at www.investorab.com
Investor, founded by the Wallenberg family a hundred years ago, is the
leading owner of high quality Nordic-based international companies.
Through board participation, our industrial experience, network and
financial strength, we strive to make our companies best-in-class.
Our holdings include, among others, Atlas Copco, SEB, ABB, Ericsson
and Mölnlycke Health Care.

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http://news.cision.com/investor/r/bulletin-from-investor-ab-s-annual-gen...
http://mb.cision.com/Main/1084/2006442/513939.pdf

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