Resolutions at Inwido’s Annual General Meeting 2015

This information is such that Inwido AB (publ) is obliged to publish in accordance with the Swedish Securities Market Act and/or Financial Instruments Trading Act. The information was submitted for publication on Wednesday May13, 2015, at 08:30.

The Annual General Meeting (“AGM”) of Inwido AB was held Tuesday May 12, 2015 at Malmö Börshus. At the meeting, CEO Håkan Jeppsson accounted for his view of the operating year 2014 and the beginning of 2015, where he stated that 2014 was a year that everyone has reason to be proud of.


"We gained market share in our largest markets, enjoyed our most profitable year to date and took an important step with the IPO in September. It is also gratifying to see that we continue our stable development and deliver a good first quarter 2015. This is promising for the remainder of the year."

Further, the following principal resolutions were passed:

Election of Board of Directors and Auditor

Arne Frank, Benny Ernstson, Eva S. Halén, Leif Johansson, Henrik Lundh and Anders Wassberg were re-elected as Board members and Sisse Fjelsted Rasmussen was elected as a new Board member. Arne Frank was re-elected as Chairman of the Board. Eva Melzig Henriksson was re-elected as auditor and Linda Bengtsson as deputy auditor.

At the subsequent statutory board meeting it was resolved to elect Arne Frank and Henrik Lundh as members of the Remuneration Committee, Arne Frank being chairman of the committee. Arne Frank, Sisse Fjelsted Rasmussen, Henrik Lundh and Anders Wassberg were elected members of the Audit Committee, Arne Frank being chairman of the committee.

Fees

It was resolved that the fees to the Board of Directors should be SEK 205,000 to each Board member not employed by the company and SEK 420,000 to the Chairman of the Board. It was further resolved that no special fees for Committees work shall be paid. The Meeting resolved that the auditor shall be remunerated according to agreement.

Dividend

The AGM resolved in accordance with the proposal from the Board and the CEO about dividend amounting to SEK 2.00 per share. The record date for the dividend shall be Friday May 15, 2015, thus dividend is expected to be paid by Euroclear Sweden AB starting Wednesday May 20.

Guidelines for remuneration to senior executives

In accordance with the proposal by the Board, the AGM resolved upon guidelines for remuneration to senior executives principally entailing the following. The total remuneration and the terms and conditions for the senior executives should correspond to relevant market conditions and will include fixed salary, variable remuneration, pension benefits, other benefits as well as conditions for termination. The variable remuneration is to be based on the outcome of predetermined objectives. The variable cash remuneration is to be limited to 50% of the fixed annual salary. Variable remuneration may also be paid in the form of long-term incentive programs. Pension benefits must be premium-based. The Board of Directors may derogate from these guidelines in certain cases if there are special reasons for doing so.

For more information, please contact:
Inwido AB
Peter Welin, CFO Phone: 46(0)70-324 3190 or 46(0)10-451 45 52
E-mail: peter.welin@inwido.com

About Inwido
Inwido is Europe’s largest supplier of windows and doors. The company has operations in Denmark, Finland, Norway, Sweden, Austria, Estionia, Ireland, Lithuania, Poland and the UK, as well as exports to a large number of other countries. The Group markets some 20 strong local brands including Elitfönster, SnickarPer, Hajom, Hemmafönster, Outline, Tiivi, Pihla, Diplomat and Sokolka. Inwido has approximately 3,300 employees and generated sales of slightly more than SEK 4.9 billion in 2014. The Group's headquarters are located in Malmö, Sweden. For further information, please visit www.inwido.com

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Inwido is Europe’s largest manufacturer of windows and doors. The company operates in Denmark, Finland, Norway, Sweden, Austria, Estonia, Germany, Ireland, Lithuania, Poland and the UK and also exports products to other countries. Inwido had in 2015 an annual turnover of over SEK 5.2 billion and has 3400 employees. The Inwido headquarter is located in Malmö, Sweden. Inwido reaches the customer with strong local brands, focused on both the consumer and industrial markets. That way they reach a broad market of windows and doors. In 2015, sales to the consumer market were about 70 percent of total sales, while sales to the industrial market accounted for about 30 percent. The consumer market was dominated by housing projects like renovating, re-building and extending current houses. Projects often motivated by public subsidiaries. The industrial customers are mainly bigger construction company´s and house manufacturer were the business is conducted by frameworks agreements and bigger volumes. Friday September 26, 2014 Inwido was listed as a mid-cap company at NASDAQ Stockholm.

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