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 28 April 2011 at 4.00 p.m. at the Company’s premises in Stockholm at Mäster Samuelsgatan 17, 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 1.80 per share, representing a transfer of approximately SEK 94 million to the Company’s shareholders.

• The Nomination Committee has proposed that the following directors shall be re-elected: Gunnel Duveblad, Ken Gerhardsen, Lars Stugemo, Anders Ljungh, Christina Ragsten Pettersson and Jukka Norokorpi. Johanna Fagrell Köhler is propsed as new member. Leila Swärd Ramberg has declined re-election. Anders Ljungh is proposed as the Chairman of the Board of Directors.

• Re-election of the company’s auditor PricewaterhouseCoopers AB.

• 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 Denmark, 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
Anna Jennehov, Head of Corporate Commucations HiQ International, tel. +46 8
588 900 49 or +46 704 200 049

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 08:30 CET on 31 March 2011

HiQ is an IT and management consultancy company focusing on high-tech solutions in the fields of communications, software development and simulation technology. The company is a leading player in these fields and the Nordic region is its domestic market. HiQ employs almost 1,200 people at offices in the Nordic region and Eastern Europe. HiQ is listed on the NASDAQ OMX Stockholm Mid Cap. For more information, please visit www.hiq.se

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