Annual General Meeting of Securitas Systems AB (publ)

At today's Annual General Meeting of Securitas Systems AB (publ) the following was resolved:

Board of Directors
The Annual General Meeting resolved that the number of board members shall be seven with no deputy members. The Meeting re-elected Carl Douglas, Tomas Franzén, Eva Lindqvist, Juan Vallejo, Anders Böös and Ulrik Svensson as board members for the period up to and including the Annual General Meeting 2009. Melker Schörling declined re-election. The Meeting elected Jorma Halonen as new member and Chairman of the Board for the period up to and including the Annual General Meeting 2009. The fee to the board members was determined to SEK 2,000,000 in total (including consideration for committee work) to be distributed among the board members as follows: SEK 600,000 to the Chairman of the Board and SEK 250,000 to each of the other board members, except the CEO. As consideration for the committee work, the Chairman of the Audit Committee shall receive SEK 100,000 and other members of the Audit Committee SEK 50,000. At the subsequent Statutory Meeting of the Board, Ulrik Svensson and Anders Böös were elected as members of the Audit Committee.

Nomination Committee
The Meeting resolved that the Nomination Committee shall consist of five members. The Meeting re-elected Gustaf Douglas (SäkI AB and Investment AB Latour), Marianne Nilsson (Swedbank Robur Fonder) and Mats Tunér (SEB Fonder) and elected Mikael Ekdahl (Melker Schörling AB) as members of the Nomination Committee for the period up until the Annual General Meeting 2009. Gustaf Douglas was re-elected as Chairman of the Nomination Committee. The elected committee members shall, at the latest in connection with the third quarterly report, appoint a fifth member of the committee, representing one of the major shareholders at the time.

Dividend
In accordance with the proposal of the Board, the Meeting resolved to declare a dividend of SEK 0.50 per share. 25 April 2008 was determined as record date for the dividend, and payment from the Central Securities Depository (Sw: VPC) is expected to commence on
30 April 2008.


Guidelines for remuneration to senior executives
The Annual General Meeting resolved on adoption of guidelines for remuneration to senior executives principally entailing that the remuneration and other terms of employment shall be competitive and in accordance with market conditions in order to ensure that the Securitas Systems Group will be able to attract and keep competent senior executives.
In addition to a fixed annual salary the group management may also receive a variable
remuneration, which shall have a predetermined cap and shall be based on the outcome in relation to earnings targets within the individual area of responsibility (and in certain cases other key ratios). The variable remuneration shall vary between zero and the following maximum amounts; 75 per cent of the fixed annual salary for the CEO and a maximum of 60-75 per cent of the fixed annual salary for other individuals of the group management. The undertakings of the company as regards variable remuneration, may at maximal outcome as regards the present members of the senior management during 2008, amount to a maximum of MSEK 6. Apart from the above mentioned variable remuneration resolved upon, share-related or share-price related incentive programs can be resolved upon from time to time. Pension entitlements for senior executives shall apply from 65 years at the earliest. The pension plans shall mainly be defined contribution plans. Other benefits, e.g. extra health insurance or corporate health care, shall be paid to the extent that they are assessed as being commercially competitive for senior executives in equivalent positions on the market where the executive operates. In case of notice of termination by the company, the notice period for all senior executives shall amount to a maximum of 12 months and 24 months for the CEO. Severance payment, not exceeding 12 months basic salary, may be paid after the end of the notice period. In case of resignation by a senior executive, the notice period shall amount to a maximum of 6 months and no severance payment shall be awarded. The full guidelines can be found in the Report of the Board of Directors, which is part of the Annual Report and can be found on the company website.


Amendment of the Articles of Association
The Annual General Meeting approved the Board’s proposal to amend the articles of association entailing that the company name is changed to Niscayah Group AB (§1).



This press release is also available on Securitas Systems’ home page: www.securitassystems.com

Additional information:
Åsa Larsson, Head of Communications and Investor Relations +46 (0)10 458 8017



Securitas Systems AB (publ) discloses the information provided herein pursuant to the Swedish Securities Exchange and Clearing Operations Act and/or the Swedish Financial Trading Instruments Act. The Information was submitted for publication at 18.30, on April 22, 2008.