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2016-05-12

Lifco AB: Resolutions at Lifco's Annual General Meeting 2016

At the Annual General Meeting of Lifco AB held on 12 May 2016, the
following was

resolved:

Election of Board of Directors

Carl Bennet, Gabriel Danielsson, Ulrika Dellby, Erik Gabrielson, Ulf
Grunander,

Fredrik Karlsson, Johan Stern and Axel Wachtmeister were re-elected as
members of the Board. Annika Espander Jansson was elected new member
of the Board. Carl Bennet was re-elected Chairman of the Board.

Fees to the Board of Directors

It was resolved that remuneration to the Board of Directors shall
amount to a total of SEK 5,175,000, excluding remuneration for
Committee work, of which SEK 1,150,000 to the Chairman and SEK
575,000 to each of the other Board members elected by the Meeting who
are not employees of Lifco Group. In addition hereto, the Meeting
resolved that work in the Audit Committee shall be compensated with
SEK 168,000 to the Chairman and SEK 84,000 to each of the other
members, while work in the Remuneration Committee shall be
compensated with SEK 126,000 to the Chairman and SEK 63,000 to each
of the other members.

Election of auditors

The registered public accounting firm PricewaterhouseCoopers AB was
re-elected auditor of the company for a term of one year.
PricewaterhouseCoopers has informed that Magnus Willfors will be the
principal auditor and Martin Johansson co-auditor. It was resolved
that auditor fees shall be paid in accordance with approved account.

Dividend

In accordance with the proposal of the Board of Directors and the CEO,
the Annual General Meeting resolved to declare a dividend of SEK 3.00
per share. 16 May 2016 was determined as record date for dividend.

Guidelines for Remuneration to Senior Executives

The Annual General Meeting approved the proposal of the Board
regarding guidelines for remuneration to senior executives, which
principally entail the following. Remuneration and other terms and
conditions of employment for senior executives shall be based on
market conditions and be competitive in all markets where Lifco
operates, to ensure that competent and skillful employees can be
attracted, motivated and retained. The total remuneration to senior
executives shall comprise basic salary, variable remuneration,
pensions and other benefits. The basic salary shall be based on the
areas of responsibility and experience of the individual executive.
Basic salary and variable remuneration must be in proportion to the
responsibility and authority of the executive concerned. The variable
remuneration shall be connected to predetermined and measurable
criteria elaborated with the purpose to promote the long-term added
value of the Company. The Board shall retain the right to deviate
from the guidelines if motivated by particular reasons on an
individual basis.

Divestments of the subsidiaries Proline Iceland EFT and Proline
Relining SL

The Annual General Meeting approved the proposal of the Board
regarding the divestments of the shares in the subsidiaries Proline
Iceland EFT and Proline Relining SL to the minority shareholders.

The decisions can be read in full at www.lifco.se.

For more information please contact:

Åse Lindskog
Media and investor relations
Phone +46 730 244 872

E-mail ir@lifco.se

About Lifco

Lifco acquires and develops market-leading niched operations with the
potential to deliver sustainable profit growth and strong cash flows.
The Group has three business areas: Dental, Demolition & Tools and
Systems Solutions. Lifco has a clear corporate philosophy which
implies a long-term perspective, focus on profits and a highly
decentralized organization. Lifco has 133 companies in 28 countries.
In 2015, the Group's net sales amounted to SEK 7.9 billion, EBITA was
SEK 1.2 billion and the EBITA margin was 15.0%. For more information,
visit www.lifco.se.

This information is made public 12 May 2016 at 06.45pm CET according
to the Securities Market Act, the Financial Instruments Trading Act
and/or the regulations of Nasdaq Stockholm.

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http://news.cision.com/lifco-ab/r/resolutions-at-lifco-s-annual-general-...
http://mb.cision.com/Main/5431/2008368/515242.pdf

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