The Nomination Committee of Bonava AB proposes Mikael Norman as Chairman

For the period until the close of the next Annual General Meeting, the Nomination Committee of Bonava proposes the re-election of Carl Engström (member since 2015), Viveca Ax:son Johnson (member since 2015), Åsa Hedenberg (member since 2015), Samir Kamal (member since 2015), Mikael Norman (member since 2017), Frank Roseen (member since 2018) and Anna Wallenberg (member since 2015).

The Nomination Committee proposes that Mikael Norman be elected Chairman of the Board.

- Mikael is a highly competent person and by appointing him Chairman, we can bring him even closer to the company, which we believe will benefit the owners. Mikael has been a valued Board member for two years and we are delighted that he now wishes to further deepen his commitment to Bonava. Moreover, I can personally testify to Mikael’s capacity from when we both worked at Nobia, says Tomas Billing, Chairman of the Nomination Committee.

Åsa Hedenberg, Samir Kamal, Mikael Norman, Frank Roseen and Anna Wallenberg are independent of the company, company management and the company’s major shareholders. Carl Engström and Viveca Ax:son Johnson are independent of the company and company management, but not of Bonava’s principal shareholder Nordstjernan.

The Nomination Committee also proposes that fees totalling SEK 2,500,000 be paid to the Board of Directors, excluding remuneration for committee work, for the period until the next Annual General Meeting, of which SEK 700,000 be paid to the Chairman and SEK 300,000 to each of the other elected members. The Nomination Committee’s proposal entails a total increase of SEK 160,000 in Board fees, of which SEK 70,000 be paid to the Chairman and SEK 15,000 to each of the other elected members. Remuneration for committee work is proposed to remain unchanged, entailing that SEK 150,000 be paid to the Chairman of the Audit Committee, and SEK 75,000 to each of the other members of the Audit Committee.

The Nomination Committee consists of Tomas Billing (Chairman, Nordstjernan AB), Tomas Risbecker (AMF – Försäkring och Fonder), Mats Gustafsson (Lannebo Fonder) and Carl Engström as co-opted member of the Nomination Committee in his capacity as Chairman of the Board.

The Nomination Committee’s complete proposal will be presented in the notice to attend the Annual General Meeting.

The Annual General Meeting of Bonava AB (publ) will be held at 3:00 p.m. on 10 April 2019 at the Bonnier Conference Centre in Stockholm, Sweden.

For more information, please contact:

Ann-Sofi Danielsson, CFO and Head of Investor Relations

ann-sofi.danielsson@bonava.com

Tel: +46 706 740 720

Tomas Billing, Chairman of the Nomination Committee

Tel: +46 8 788 50 18

Bonava’s media line

Tel: +46 709 556 654

ir@bonava.com

Bonava is a leading residential development company in Northern Europe. Bonava has been creating homes and neighbourhoods since the 1930s. Bonava has 2,000 employees and operates in Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia and Latvia, with sales of SEK 14.5 billion in 2017. Bonava’s shares are listed on Nasdaq Stockholm.

For more information about us, visit: bonava.com

This is the type of information that Bonava AB (publ) is obligated to disclose pursuant to the EU Market Abuse Regulation. The information was issued for publication through the agency of the contact person set out above on 13 December 2018 at 1:00 PM CET.