Lundbergs withdraws the dividend proposal

In light of the current uncertainty as a result of the spread of the corona virus, the Board of LE Lundbergföretagen AB (publ) has decided to withdraw the previously published dividend proposal for the 2020 Annual General Meeting. The Board intends to evaluate the situation during the autumn and, if conditions exist, call for Extraordinary General Meeting for dividend decisions.

The Board has also decided to convene the Annual General Meeting of L E Lundbergföretagen AB (publ) on June 4, 2020, in accordance with notice published separately.

Furthermore, shareholders representing more than 90 percent of the votes have announced that they are withdrawing the proposal for increased board fees and, prior to the 2020 AGM, propose that the board fees per member be left unchanged compared to 2019.

Stockholm April 28, 2020

L E Lundbergföretagen AB (publ)

This information is such information that L E Lundbergföretagen AB (publ) is obliged to publish in accordance with the EU’s Market Abuse Regulation and the Swedish Securities Market Act. The information was published by the contact persons below on April 28, 2020 at 17.30 CET.

Questions are answered by:
Claes Boustedt, Deputy CEO, phone 08-463 06 00 and
Lars Johansson, CFO, phone 011-21 65 00.