Scandi Standard’s Annual General Meeting 2016

Scandi Standard’s Annual General Meeting (AGM) was held on 25 April 2016 in
Stockholm.
Dividend
The proposed dividend of SEK 1.80 per share was approved by the AGM. The record
date for the dividend was set to 27 April, 2016. Payment from Euroclear Sweden
AB is expected to take place on 2 May, 2016.
Adoption of the Profit and Loss Statements and the Balance Sheets
The AGM resolved to adopt the Profit and Loss Statement and the Balance Sheet
for the Parent Company as well as the Consolidated Profit and Loss Statement and
the Consolidated Balance Sheet for the Group for 2015.
Discharge from liability
The members of the Board of Directors and the CEO were discharged from liability
for the fiscal year 2015.
Board of Directors
In accordance with the proposal of the Nomination Committee it was resolved that
the number of Board members shall be increased to eight. Per Harkjaer was re
-elected Chairman of the Board of Directors. Ulf Gundemark, Michael Parker,
Asbjörn Reinkind, Karsten Slotte and Helene Vibbleus were re-elected to the
Board and Samir Kamal and Harald Pousette were elected new Board members.
Board of Directors’ Fees
The AGM resolved, in accordance with the Nomination Committee’s proposal, on a
yearly fee to the Chairman of the Board of SEK 550,000, and fees to other non
-employed members of the Board, elected by the AGM, of SEK 275,000. Fees for
Committee work to non-employee members of the Committees, elected by the AGM,
were approved as follows; SEK 130,000 (previously SEK 200,000) to the Chairman
of the Audit Committee and SEK 50,000 to each of the other members of the Audit
Committee, SEK 50,000 to the Chairman of the Remuneration Committee and SEK
25,000 to each of the other members of the Remuneration Committee. Accordingly,
it was resolved to increase the total fees to the Board of Directors to
2,805,000 kronor.
Auditor
The AGM elected PricewaterhouseCoopers AB auditor for the period up until the
end of the AGM 2017.
Guidelines for Remuneration to the senior management
In accordance with the Board of Directors' proposal, the AGM resolved to approve
the Guidelines for remuneration for the senior management.
Long Term Incentive Program
In accordance with the Board of Directors’ proposals, the AGM resolved to
approve LTIP (Long Term Incentive Plan) 2016 for key employees.
Authorization to acquire own shares
In accordance with the board of directors’ proposal, the Annual General Meeting
resolves to authorize the board of directors to, on one or several occasions and
until the next Annual General Meeting, resolve on acquisition of a maximum of
269,598 shares in the company and a maximum of 10 percent of all shares issued
by the company, that acquisitions shall be made on Nasdaq Stockholm, that
acquisitions shall be made at a price per share contained within the at each
time prevailing price interval for the share and that payment for the shares
shall be made in cash.
Transfer of own shares
In accordance with the board of directors’ proposal, the Annual General Meeting
resolves to transfer a maximum of 209,076 of own shares to the participants in
LTIP 2016 on the following conditions:

  · The right to receive shares shall, with deviation from the shareholders’
preferential rights, be granted to the participants in LTIP 2016. Furthermore,
subsidiaries within the Scandi Standard Group shall have the right to receive
shares, free of consideration, and such subsidiaries shall be obligated to
immediately transfer, free of consideration, shares to the participants in LTIP
2016 in accordance with the terms and conditions of the program.
  · The participants’ right to receive shares are conditional upon the
fulfilment of all terms and conditions of LTIP 2016 and that participants
receive.
  · The shares shall be transferred within the time period set out in the terms
and conditions of LTIP 2016.
  · The shares shall be transferred free of charge.
  · The number of shares that may be transferred to the participants in LTIP
2016 may be recalculated due to share issues, splits, reverse splits and/or
similar dispositions in accordance with the terms and conditions of LTIP 2016.

__________
This information has been made public in accordance with the Securities Markets
Act and/or the Financial Instruments Trading Act. It was released for
publication at 15.00 CET on 25 April 2016.