Information from Extraordinary General Meeting of Setra Group

Setra Group AB (publ) held an Extraordinary General Meeting on 17 January at Setra’s head office in Solna. Three new members were elected to the Board.

Against the background of the ownership changes which took place in the company during 2011, and which resulted in Sveaskog and Mellanskog being principal owners with 50% and 49% of the shares, respectively, the Extraordinary General Meeting resolved on the following changes in the Board for Setra Group:

The following people were elected as new members of the Board:
Ulf Agerhill, Board Member of the Mellanskog forest owners’ association
Per Matses, CFO Sveaskog
Per-Olof Wedin, President and CEO Sveaskog

Håkan Ahlqvist (independent Chairman) and Sture Karlsson (President of Mellanskog) will remain as Board Members in accordance with the Annual General Meeting resolution.

For further information, please contact:

Håkan Ahlqvist, Chairman of the Board of Setra Group, mobile +46 705 65 54 72
Börje Bengtsson, President and CEO, telephone +46 8 705 03 10, mobile +46 708 28 49 87

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Setra is one of Sweden’s largest wood products companies and a leading player in Europe. We offer eco-certified wood products for interiors and construction to customers in the building materials trade and industry. The Group has 1,100 employees and annual sales of approximately SEK 4.6 billion. Exports to Europe, North Africa, the Middle East and Japan account for almost 60% of sales.
Setra has some 2,200 shareholders. The largest are Sveaskog (50%) and Mellanskog (49%). Other shareholders own approximately 1% of the shares. More information is available at www.setragroup.com

Press contact: Lotta Löwhagen Lundberg, lotta.lowhagen.lundberg@setragroup.com, +46 70 654 13 44