Extra Shareholders’ Meeting of Semcon AB (publ.)

At the extra shareholders’ meeting of Semcon AB held on September 27, 2006, it was decided, in accordance with the board’s proposal, to authorise the implementation of a convertible based incentive program for leading employees of the Semcon Group of Companies. It was simultaneously decided to take a deferred convertible loan for a maximum of SEK 25 000 000 by issuing of a maximum of 1 000 convertibles. With deviation from the shareholders’ right of first refusal, the convertibles shall be offered and only be able to be subscribed for by the Group President/Managing Director, Henrik Sund and a maximum of 9 other leading employees within the Semcon Group of Companies to be designated by the board of directors. The amount of SEK 25 000, corresponding to the convertible’s nominal amount, shall be paid for each convertible subscribed. The motive for the board’s proposal is that the board wishes to create conditions for retaining leading employees within the Semcon Group of Companies and also to spread and increase the share ownership/exposure amongst the owners. If all conversion rights are fully exercised with application of the lowest possible conversion rate, SEK 69, it shall correspond to a dilution effect of approximately 2% of the current number of shares and votes.