Resolutions from 2014 annual general meeting of Nobina AB (publ)

An annual general meeting of Nobina AB (publ) was held on May 28, 2014, in the company’s offices in Solna. The Meeting approved the Group’s and Company’s income statements and balance sheets for the fiscal year 2013/2014, and resolved that the Company’s retained profits are carried forward.

Jan Sjöqvist, John Allkins, Birgitta Kantola, Graham Oldroyd and Gunnar Reitan were re-elected as Directors of the Board. Jan Sjöqvist was re-elected Chairman of the Board. PricewaterhouseCoopers AB was elected as the Company’s auditor. It was resolved that the fees to be paid to the Board shall be SEK 2,700,000, to be allocated as follows: SEK 900,000 to the Chairman and SEK 450,000 to each of the other Directors. It was further resolved that fees to the auditor shall be paid in accordance with account approved by the Board.

The Meeting resolved principals for the establishment of a nomination committee. Furthermore, the Meeting approved the Board’s proposal on guidelines for remuneration for the senior management.

It was finally resolved to issue 622,840 new shares to the managing director and CEO of the Group in accordance with the Board’s proposal. Subscription and payment for the new shares shall be done no later than 30 June 2014. The new shares are issued at a price of SEK 1.62 which corresponds to a determined fair market value of the shares. The reason for the deviation from the shareholders’ preferential rights is that the Company has undertaken to deliver new shares pursuant to an agreement regarding an incentive scheme with the person to which this share issue is directed.

The annual report for the fiscal year 2013/2014 is available at the premises of Nobina AB (publ), Armégatan 38 in Solna, as well as on the company’s website www.nobina.com.

For more information, please contact:
Jan Sjöqvist, Chairman of the Board of Directors,
telephone +46 (0) 70-593 40 10

The Nobina group is the largest bus passenger transport company in the Nordic region. The operations include contractual regional traffic in Sweden, Denmark, Norway and Finland as well as independently operated interregional traffic through Swebus. The Nobina group has annual sales in excess of SEK 7 billion, operates 3,500 buses and, with more than 260 million passenger journeys per year, is one of the major passenger transport companies in northern Europe. For more information, please see www.nobina.com.