Invitation to the Annual General Meeting of Kungsleden AB (publ)

Listed Swedish property company Kungsleden AB (publ) is convening its Annual General Meeting (AGM) at 2 p.m. on Wednesday, 13 April 2011 at Hotel Rival, Stockholm, Sweden. The invitation states the business to be considered at the AGM and the Board of Directors’ proposals for resolution regarding amendments to the Articles of Association.

For the election of the Board of Directors, the Nomination Committee has proposed re-election of Thomas Erséus, Magnus Meyer, Kia Orback Pettersson and Charlotta Wikström. The Nomination Committee proposes the election of Håkan Bryngelson, Joachim Gahm, Lars Holmgren and Biljana Pehrsson. The Committee is also proposing that Håkan Bryngelson is elected Chairman of the Board. Board members Per-Anders Ovin (also Chairman of the Board), Leif Garph, Jan Nygren and Jonas Nyrén have declined re-election.

In the years 1996-2008, Håkan Bryngelson was Chief Executive of Swedish property company Vasakronan. He was also previously Chief Executive of care services provider LIC Care. Mr. Bryngelson is currently Chairman of services sector organisations Almega and Almega Tjänsteförbunden, architecture practice Tengbomgruppen and property company Fastighetsbolaget Hemsö (held equally by Kungsleden and AP3, the Swedish Third Pension Insurance Fund) and Deputy Chairman of the Confederation of Swedish Enterprise. His directorships also include Volvo Aero. Mr. Bryngelson holds a B.Sc. (Eng.)

Joachim Gahm is a Board member and partner in Sustainable Growth Capital SGC. He was previously Chief Executive of E. Öhman J:or Investment and Deputy Chief Executive of E. Öhman J:or Fondkommission. Mr. Gahm is a Board member of Arise Windpower. He holds a B.Sc. (Econ.)

Lars Holmgren was Chief Financial Officer of the Federation of Swedish Farmers, LRF, until 2010. He was formerly a Board member of property company Klövern and Chairman and Board member of another property company, Diös Fastigheter. Mr. Holmgren is a Board member of outdoor environment project manager Svensk Markservice. He holds of B.Sc. in chemical engineering and business administration.

Biljana Pehrsson is Deputy Chief Executive of East Capital Private Equity and Head of Real Estate. Her previous positions include being Chief Executive of architecture and planning practice Centrumutveckling Håkan Karlsson. Biljana Pehrsson is a Board member of property company Vasallen. She holds a B.Sc. (Eng.)

The Nomination Committee also proposes that KPMG AB is appointed as audit firm, with Authorised Public Accountant Björn Flink as Senior Auditor, until the end of the AGM 2015.

The Board of Directors

Kungsleden AB (publ)

Appendix: invitation to Annual General Meeting

Kungsleden AB (publ) discloses the information in this press release according to the Swedish Securities Markets Act and/or the Swedish Financial Trading Act. The information was provided for public release on 7 March 2011 at 8:00 a.m.

For more information, please contact:

Per-Anders Ovin, Chairman of the Board, Tel: +46(0)70 508 9105

Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se/pressmeddelanden 

Kungsleden’s strategy is to ensure sustainable high and stable returns proceeding from its existing holding, and through acquisitions and divestments. As of 31 December 2010, the property portfolio comprised 592 properties with a book value of SEK 21.5 bn. The holding was located in a total of 133 municipalities, although concentrated on the Swedish provinces of Götaland and Svealand, and the Öresund region. Kungsleden has been quoted on the Nasdaq OMX Stockholm since 1999.

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