Information from the 2016 AGM of H & M Hennes & Mauritz AB

On Tuesday 3 May H & M Hennes & Mauritz AB held its annual general meeting under
the chairmanship of lawyer Sven Unger. The AGM approved the dividend of SEK 9.75
per share in accordance with the board of directors’ proposal. The record day is
6 May 2016. The dividend is expected to be paid out by Euroclear Sweden AB on 11
May 2016.

The annual general meeting adopted the income statement and balance sheet for
the parent company and the group. The AGM discharged the members of the board
and the chief executive officer from liability for the 2014/2015 financial year.

The regular board members Anders Dahlvig, Lena Patriksson Keller, Stefan
Persson, Melker Schörling, Christian Sievert and Niklas Zennström were re
-elected by the AGM, which also elected the proposed new members Stina Honkamaa
Bergfors and Erica Wiking Häger to the board. Lottie Knutson and Sussi Kvart
were not standing for re-election. As in 2015, the board of directors comprises
eight members elected by the AGM. Stefan Persson was re-elected as chairman of
the board.

The regular members appointed previously by the trade unions are Margareta
Welinder and Ingrid Godin, with Alexandra Rosenqvist and Rita Hansson as deputy
members.

The AGM approved the proposal from the nomination committee that the board fees
be increased by SEK 250,000 to a total of SEK 6,075,000. The board fees are
broken down as follows: chairman of the board SEK 1,625,000; members elected by
the AGM SEK 575,000; members of the auditing committee an extra SEK 125,000; and
the chairman of the auditing committee an extra SEK 175,000.

The AGM approved the nomination committee’s proposed principles for the
nomination committee and elected the members of the nomination committee for the
period up to the appointment of a new nomination committee. The members of the
nomination committee are Stefan Persson, Lottie Tham, Liselott Ledin (Alecta),
Jan Andersson (Swedbank Robur fonder) and Anders Oscarsson (AMF and AMF Fonder).

The AGM approved the resolution proposed by the board concerning guidelines for
remuneration to senior executives and the board’s proposed amendments to the
articles of association. In addition to minor changes of wording, the amendments
to the articles of association expand the object of the enterprise to also
include café and restaurant operations; ownership and management of securities,
equipment and real estate; and financing activities within the context of the
operations stated in the articles of association. In addition, the amendments
change the auditor’s period of office from four years to one year and change the
procedure for convening meetings, such that the notice to attend the general
meeting will be published in Post- och Inrikes Tidningar (the Swedish Official
Gazette) and on the company’s website. The fact that the meeting has been
convened will be advertised in the national daily newspapers Svenska Dagbladet
and Dagens Nyheter.
Contacts:

Kristina Stenvinkel, Head of Communications
Telefon: +46 8-796 39 08
Mobil: +46 70-796 54 40

Nils Vinge, Head of IR
Telefon: +46 8-796 52 50
Mobil: +46 70-796 52 50
H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on
Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the
best price in a sustainable way. In addition to H&M, the group includes the
brands & Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M
Home. The H&M Group has more than 4,000 stores in 61 markets including franchise
markets. In 2015, sales including VAT were SEK 210 billion and the number of
employees is more than 148,000. For further information, visit
hm.com (http://www.hm.com).