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2016-05-04

Securitas: Decision at the Annual General Meeting of Securitas AB (publ) 2016

At today's Annual General Meeting of Securitas AB (publ) the following
was resolved:

The Annual General Meeting adopted the Statement of Income and the
Balance Sheet as per 31 December, 2015. The Annual General Meeting
discharged the Board of Directors and the President from liability
for the financial year of 2015.

Dividend

In accordance with the proposal of the Board, the Meeting resolved to
declare a dividend of SEK 3.5 per share. May 9, 2016 was determined
as record date for dividend and payment from Euroclear Sweden AB is
expected to commence on May 12, 2016.

Authorization of the Board to resolve on acquisition of the company's
shares T

he Annual General Meeting resolved to authorize the Board to resolve
upon acquisition of the company's own shares of Series B, in
accordance with the Board's proposal, according to the following
terms: Acquisition of shares may take place on Nasdaq Stockholm,
acquisition of shares may take place on one or several occasions
during the time up to the Annual General Meeting for 2017,
acquisition of shares may only be made so that the shares held by the
company at any point in time does not exceed ten (10) percent of all
shares in the company, acquisition of shares shall be made at a price
which falls within the prevailing price interval registered at each
point in time, meaning the interval between the highest purchase
price and the lowest selling price, payment for acquired shares shall
be made in cash, and the Board should be authorized to decide upon
any additional terms for the acquisition. The purpose of the proposed
authorization to acquire shares is to allow the Board to adjust the
company's capital structure, to contribute to shareholder value. If
shares are repurchased, the Board intends to propose that the
company's share capital shall be decreased through share reduction of
the repurchased shares.

Board of Directors

The Annual General Meeting resolved that the number of Board members
shall be six with no deputy members. The Meeting re-elected Fredrik
Cappelen, Carl Douglas, Marie Ehrling, Alf Göransson and Sofia
Schörling Högberg, and elected Anders Böös as new Board Member. Marie
Ehrling was elected new Chairman of the Board. The fee to the Board
members was determined to SEK 4 270 000 in total (including fees for
committee work) apportioned so that the Chairman of the Board shall
receive SEK 1 300 000, the deputy Chairman SEK 775 000 and the other
Board members, except for the President, SEK 515 000 each. The
Chairman of the Audit Committee shall receive SEK 250 000, the
Chairman of the Remuneration Committee SEK 100 000, a member of the
Audit Committee SEK 125 000 and a member of the Remuneration
Committee SEK 50 000.

Auditor

As auditors, the Annual General Meeting decided to elect the auditing
firm PricewaterhouseCoopers AB, Stockholm, with authorized accountant
Patrik Adolfson as auditor in charge, for a period up to and
including the Annual General Meeting for 2017. The auditor's fees are
to be paid as per agreement.

Nomination Committee

The Meeting elected Carl Douglas (Investment AB Latour, etc.), Mikael
Ekdahl (Melker Schörling AB) Jan Andersson (Swedbank Robur Fonder),
Johan Sidenmark (AMF) and Johan Strandberg (SEB Investment
Management) as members of the Nomination Committee before the Annual
General Meeting 2017. Carl Douglas was appointed Chairman of the
Committee.

Guidelines for remuneration to management

The Annual General Meeting resolved on the adoption of guidelines for
remuneration to management, principally entailing that the total
remuneration shall be competitive and in accordance with market
conditions. The benefits shall consist of fixed salary, possible
variable remuneration and other customary benefits and pension. The
variable remuneration shall have an upper limit and be related to the
fixed salary. The variable remuneration shall be based on the outcome
in relation to set targets and be in line with the interests of the
shareholders. Pension benefits shall be fee-based and pension rights
shall be applicable as from the age of 65, at the earliest. The
variable remuneration shall not be pension qualifying unless local
regulations provide otherwise. The Board shall have the right to
deviate from the guidelines in individual cases if there are
particular grounds for such deviation.The complete guidelines are
published on the company website www.securitas.com/agm2016

Incentive scheme

The Annual General Meeting resolved on a share and cash bonus scheme,
a similar incentive scheme that has been decided for the past five
Annual General Meetings. The Board notes that the program is now well
established throughout the organization and is delivering the
expected results. As per March 2016, a total of 2 053 employees have
received shares through the program. The motive for the proposal is
the Board's intention to continue with the redesigned bonus structure
to enable the Group to gradually have approximately 2 500 of
Securitas top managers as shareholders, thus strengthening the
employee ownership in Securitas' future success and development to
the benefit of all shareholders. The Board is of the opinion that
these benefits may be achieved by continuing to provide a share
related part in the existing performance-based cash bonus schemes. It
is the assessment of the Board that the scheme will also increase the
Group's attractiveness as an employer. The proposal principally
entails that 1/3 of any annual bonus earned under the performance
based cash bonus schemes would be converted into a right to receive
shares, with delayed allotment and subject to continued employment.
Further information is published on the company website
www.securitas.com/agm2016

CEO Comments

President and CEO Alf Göransson reported on Securitas' operations
during 2015. The presentation is published at
www.securitas.com/agm2016

The quotas below refer to the strategy direction of the company:

"2015 was a good year for Securitas. Our earnings per share were the
strongest to date in the history of the company, up 8 percent
adjusted for changes in exchange rates, compared with 2014."

" Securitas is leading the transformation of the security industry,
from traditional guarding to protective services combining on-site,
mobile and remote guarding with electronic security, fire and safety,
and corporate risk management. We continue to invest and play a
leading role in combining guarding services with electronic security
and actively pursue organic sales growth in security solutions and
technology. We also take advantage of acquisition opportunities
within electronic security. Recently we acquired the assets of
Diebold Electronic Security in North America, which is the
third-largest commercial electronic security provider in North
America. The acquisition supports our strategy and strengthens our
position as the global knowledge leader in protective services."

This press release is also available at: www.securitas.com

Information: Gisela Lindstrand, Senior Vice President Corporate
Communications and Public Affairs, Securitas AB, mobile +46 70 287
8662, or email gisela.lindstrand@securitas.com Micaela Sjökvist, Head
of Investor Relations, Securitas AB, mobile +46 76 116 7443, or email
Micaela.sjokvist@securitas.com

Securitas is a global knowledge leader in security. We base our
security solutions on customer-specific needs through different
combinations of on-site, mobile and remote guarding, electronic
security, fire and safety and corporate risk management. Everywhere
from small stores to airports, our 330 000 employees are making a
difference.

Securitas AB discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act.
The information was submitted for publication at 17.45 (CET) on May
4, 2016.

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http://news.cision.com/securitas/r/decision-at-the-annual-general-meetin...
http://mb.cision.com/Main/1062/2003167/511679.pdf

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