Summary of the Extraordinary General Meeting in Axactor AB (publ) conducted today

The Extraordinary General Meeting in Axactor AB (publ) 
("Axactor" or the "Company") was held in Stockholm today (the 
"EGM").

On the agenda was election of new Board of Directors and a 
new Nomination Committee.

The EGM elected, in accordance with the amended proposal from 
requesting shareholders, as announced on 10.01.17, the 
following persons as new Board of Directors:

Bjørn Erik Næss (Chairman of the Board from 01.03.17)
Dag Strømme (acting Chairman until 01.03.17) 
Merete Haugli
Brita Eilertsen
Beate Skjerven Nygårdshaug
Terje Mjøs

Michael Hylander (deputy board member)

Due to Bjørn Erik Næss' current employment with DNB ASA up to 
1 March 2017, Mr. Næss will be participating in board 
meetings as of 1 March 2017.

The EGM elected the following persons as new Nomination 
Committee:

Jarle Sjo, Chairman of the Nomination Committee
Magnus Tvenge
Cathrine Lofterød Fegth

The two first mentioned members of Nomination Committee are 
pursuant to the proposal in the notice of EGM dated 23.01.17 
and Cathrine Lofterød Fegth replaces the third proposed 
member. 

All resolutions were unanimously resolved by the EGM.

At the EGM a total of 395 702 319 shares were present 
directly or through proxies, corresponding to 32.26 % of the 
Company's 1 226 488 769 outstanding ordinary shares at the 
record date. 

For further information:

Endre Rangnes, CEO, +47 4822 1111
Geir Johansen, CFO & Investor Relations, +47 47710451

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About Axactor: 

Axactor is a debt collection & debt purchase company, with 
presence in Spain, Italy, Germany and Norway.  The company 
has a Nordic base and a pan-European growth strategy, which 
targets the market for non-performing loans in Europe. This 
market is estimated to about 1 500 billion euros, and 
Axactor's main focus is debt collection and purchase of NPL 
portfolios. 
    
Axactor is investing in new technology and standardized 
systems, in order to deliver debt collection services that 
exceed the expectations of its customers.  Axactor was 
established in 2015 and has approximately 900 employees.