Annual general meeting of Intrum Justitia AB

Summary of the decisions taken at the Intrum Justitia AB (publ) Annual General Meeting. The annual general meeting, chaired by Lars Lundquist, was held today in Stockholm.

Dividend
The annual general meting approved the board of directors’ proposal for dividend of SEK 3.25 per share, with 15 April 2008 as the record date. The dividend is estimated to be paid out through VPC on 18 April 2008.

Election of the board of directors
The annual general meeting resolved, in accordance with the nomination committee’s proposal, that the number of board members shall be seven with no deputy board members, and to re-elect board members Matts Ekman, Ársæll Hafsteinsson, Helen Fasth-Gillstedt, Lars Förberg, Bo Ingemarson, Lars Lundquist and Lars Wollung and to elect as new board members. Lars Lundquist was re-elected chairman and Bo Ingemarson was re-elected deputy chairman of the board.

Remuneration to the board of directors
The annual general meeting adopted the nomination committee’s proposal for remuneration to the board of directors in accordance with the following: SEK 750,000 to the chairman of the board and SEK 300,000 to each of the other board members (in total SEK 2,550,000) plus SEK 540,000 to be attributed to committee work, whereof SEK 150,000 to the chairman of the audit committee, SEK 75,000 to each of the other two audit committee members and the remaining SEK 240,000 to be distributed equally among the altogether six members of the remuneration and investment Committees.

Principles of remuneration and other terms of employment for key executives
The annual general meeting resolved to approve the board of directors’ proposal for principles of remuneration and other terms of employment for key executives. The total remuneration is based upon four main components; base salary, short-term incentive compensation, long-term incentive compensation and pension.

Nomination Committee 2008/2009
The annual general meeting approved the proposal of the nomination committee of 2007/2008, entailing in summary that the chairman of the board of directors shall convene the five largest shareholders of the company, with respect to voting power, at the end of the third quarter of the year. These shareholders then have the right to appoint a member each to the nomination committee. The committee shall be chaired by one of its members. No more than two of the committee's members may also be members of the board of directors. Information regarding the composition to the nomination committee shall be made public in the company's interim report for the third quarter.

Adoption of the profit and loss statements and balance sheets 2007 and discharge from liability
The profit and loss statements and balance sheets for 2007 were adopted and the board and the managing director were discharged from liability for the administration of the company for the year 2007.

Performance-based share-program
The annual general meting approved the board of directors’ proposal regarding a performance-based share program. The Program is proposed to have a duration of four and five years, respectively, including the performance period, and to comprise of not more than 300,000 performance shares allocated to not more than 70 persons (the managing director, other key executives and key managers).


Authorisation for the acquisition and sale of the company's own shares on the stock exchange for the performance-based share program for 2008
The annual general meting approved the board of directors’ proposal regarding authorisation for the board to decide on the acquisition and sale of shares for the performance-based share program. A maximum of 400,000 shares may be acquired and sold on the OMX Nordic Exchange Stockholm.

Resolution on sale of the company’s own shares to participants in the performance-based share program for 2008
The annual general meting approved the board of directors’ proposal regarding sale of own shares to participants in the performance-bases share program. A maximum of 300,000 shares may be sold.

A detailed description of the performance-based share program and other decisions made at the annual general meeting are available on the company's website.