NOTICE TO ANNUAL GENERAL MEETING IN HiQ INTERNATIONAL AB (PUBL)

The Board of Directors of HiQ International AB (publ) hereby gives notice to the Annual General Meeting (“AGM”), in accordance with the attached Notice. The AGM will take place on Thursday 11 April 2013 at 10.00 a.m. at the Company’s premises in Stockholm at Regeringsgatan 20, 9th floor.

At the general meeting inter alia the following proposals will be presented:

  • The Board of Directors proposes that a share split 2:1 combined with a compulsory redemption procedure shall be carried out. The procedure will imply that each share will split into one ordinary share and one redemption share. The redemption share will then be redeemed for SEK 2.40 per share, representing a transfer of approximately SEK 127 million to the Company’s shareholders.
  • The Nomination Committee has proposed that the following directors shall be re-elected: Gunnel Duveblad, Ken Gerhardsen, Johanna Fagrell Köhler, Lars Stugemo, Anders Ljungh, Ulrika Hagdahl and Erik Hallberg. Raimo Lind is proposed as new member. Jukka Norokopri has declined re-election. Anders Ljungh is proposed as the Chairman of the Board of Directors.
  • The Board of Directors proposes that the General Meeting authorises the Board of Directors to pass a resolution on one or more occasions for the period up until the next Annual General Meeting on purchasing so many shares that the Company’s holding does not at any time exceed 10 percent of the total number of shares in the Company.
  • The Board of Directors proposes that the General Meeting adopts a resolution to issue not more than 1,000,000 warrants. The right to subscribe for the warrants shall inure to the wholly owned subsidiary HiQ Stockholm AB, which shall transfer the warrants to current and future employees of the group in Finland and Sweden. The purpose of the proposal is to create opportunities to keep and to recruit competent employees to the HiQ group and to increase the motivation amongst the employees.
  • The Board of Directors proposes that the Board of Directors shall be authorised to resolve on an issue against payment in kind of no more than 5,000,000 shares, at one or several occasions, during the period until the next Annual General Meeting in connection with acquisitions.
  • Guidelines for determining salary and other remuneration to the managing director and other persons in the company’s management.

For further information, please see the enclosed notice.

HiQ International AB (publ)

The Board of Directors

For questions, please contact:

Lars Stugemo, CEO HiQ International, tel. +46 8 588 90 000 or Peter L. Häggström, Head of Corporate Commucations HiQ International, tel. +46 8 588 900 00 or +46 704 200 103

HiQ discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. This information was released for publication at 08:45 CET on 13 March 2013

HiQ simplifies and improves using hi-tech solutions within communications and software development. The company is a leader in these areas and has the Nordic region as its home market. HiQ employs more than 1,300 staff and has offices both in the Nordic countries and in Russia. HiQ is also listed on the NASDAQ OMX Stockholm Mid Cap List. For more information, please visit www.hiq.se.


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About Us

HiQ helps to make the world a better place by making people’s lives simpler through technology, design and communication. We are the perfect partner for everyone eager to achieve results that make a difference in a digital world. Founded in 1995, HiQ has 1,600 specialists in six countries and is listed on the Nasdaq Stockholm Mid Cap list. For more information and inspiration, please visit www.hiq.se.

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