Annual General Meeting of Bure Equity AB, 2005
• Re-election of Board members Björn Björnsson, Helena Levander, Håkan Larsson and Chairman Patrik Tigerschiöld. • Election of new Board member Kjell Duveblad. • Lennart Svantesson and Ulf Berg have declined re-election. The following items of business were dealt with at the Annual General Meeting of Bure Equity AB (publ) on 26 April 2005: Election of Board members Sitting Board member’s Björn Björnsson, Helena Levander, Håkan Larsson and Board Chairman Patrik Tigerschiöld were re-elected. Kjell Duveblad was elected as a new Board member. At the statutory meeting following the AGM, Håkan Larsson was appointed as Deputy Chairman. The newly elected Board member Kjell Duveblad, born in 1954, currently manages his own consulting business. During the period from 1993 to 2002, Kjell Duveblad held senior management positions in Oracle Sverige and Norden & Baltikum. Prior to Oracle, Kjell Duveblad was employed for many years in various senior positions within the IBM Group. Other board assignments include Anoto Group AB, North West Capital Ltd, Telelogic AB and Teleopti AB. No dividend will be paid for the financial year 2004. Instruction for nomination committee The AGM resolved to adopt the proposed instruction for Bure’s nomination committee. According to the instruction, the nomination committee shall consist of four members. The Board Chairman, who is a member of the committee, shall ensure that each of the company’s three largest shareholders is offered the opportunity – by the end of the third quarter of every year at the latest – to appoint one member to the committee. President’s address Mikael Nachemson confirmed that Bure, after the sale of Mölnlycke Health Care, will meet its communicated objective to become free from debt. Compared with earlier, Bure now has a more streamlined structure with fewer but larger portfolio companies. Administrative expenses have decreased and the goal is to reach an annual cost level of around SEK 25M by the beginning of 2006. Furthermore, Bure’s investment commitments have been significantly reduced at the same time the profitability in the portfolio companies has strengthened considerably. This trend is reflected in Bure’s share price, which has risen both during 2004 and in the first quarter of 2005. Bure is now focusing on evaluating and formulating its strategy for becoming a credible, long-term investment alternative. Gothenburg, 26 April 2005 Bure Equity AB (publ) The Board of Directors For more information contact: Mikael Nachemson, President +46 31-708 64 20 Anders Mörck, Chief Financial Officer +46 31-708 64 41 +46 706-46 52 11 Johanna Pettersson, IR/Corporate Communications +46 31-708 64 49 +46 708-35 76 51