Board, Board remuneration and auditor proposals

Board, Board remuneration and auditor proposals The shareholders in Hufvudstaden AB, who combined represent more than 50 percent of the number of shares and votes, have informed the company that they intend to present to the Annual General Meeting held on March 24, 1999 the following proposals for election to the Board, distribution of Board remuneration and election of auditors. Board of Directors The following are proposed as members of the Board of Directors: Fredrik Lundberg (Chairman) Claes Boustedt Bo Ingemarson Lars Lundquist Curt G Olsson and Bo Waldemarson Mats Jansson. Mats Jansson, born 1951, is President and CEO of Bilia AB. In spring 1999, he will become President and CEO of Oy Karl Fazer Ab, Finland. The Board members Jan Sjöqvist and Tomas Billing have declined reelection. An unchanged remuneration to the Board of SEK 900,000 compared with the preceding year is proposed, to be distributed as the Board determines. Auditors Re-election of the authorized auditing firm of SET Revisionbyrå AB is proposed and the new election of the authorized auditing firm KPMG Bohlins AB. Stockholm, March 17, 1999 Hufvudstaden AB (publ) Tomas Billing President If any questions, please contact Tomas Billing, telephone +46 8 762 90 00, or Fredrik Lundberg, telephone +46 8 463 06 00. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/1999/03/17/20000905BIT00260/bit0001.doc http://www.bit.se/bitonline/1999/03/17/20000905BIT00260/bit0002.pdf