Swedish Match Annual General Meeting 2013


Major items approved by today’s Annual General Meeting include:

  · Dividend of 7.30 SEK per share
  · Mandate to repurchase up to 10 percent of the shares in the Company
  · Withdrawal of 4 million shares repurchased by the Company
  · Re-election of KPMG AB as auditor

At the Annual General Meeting of Swedish Match on 25 April, it was resolved in
accordance with the proposal of the Board of Directors to pay a dividend of 7.30
SEK per share. The record date for entitlement to receive a cash dividend is 30
April, 2013. The dividend is expected to be paid through Euroclear Sweden AB, on
6 May, 2013.

Andrew Cripps, Karen Guerra, Conny Karlsson, Robert F. Sharpe, Meg Tivéus and
Joakim Westh were re-elected as members of Swedish Match AB’s Board of Directors
and Wenche Rolfsen was elected as new member of the Board. Conny Karlsson was re
-elected as Chairman of the Board and Andrew Cripps was re-elected Deputy
Chairman of the Board.

Furthermore, the shareholders approved the Board of Directors’ proposal that it
be authorized to decide on the acquisition, on one or more occasions prior to
the next Annual General Meeting, of a maximum of as many shares as may be
acquired without the Company’s holding at any time exceeding 10 percent of all
shares in the Company. The shares shall be acquired on NASDAQ OMX Stockholm at a
price within the price interval registered at any given time, i.e. the interval
between the highest bid price and the lowest selling price. The purpose of the
repurchase is primarily to enable the Company’s capital structure to be adjusted
and to enable the Company to fulfill the obligations under the Company’s former
option program. Swedish Match owns 6 169 605 treasury shares as per 25 April,
2013.

In addition, the shareholders approved a reduction in the Company’s share
capital of 7,563,406.16 SEK through cancellation of 4,000,000 previously
repurchased shares held in treasury, with simultaneous bonus issue without
issuing new shares, of the corresponding amount to restore the share capital.
The shareholders also approved the proposal that the reduction will be allocated
to a fund for use pursuant to a resolution adopted by the Annual General
Meeting.

The Annual General Meeting re-elected KPMG AB as auditor until the end of the
Annual General Meeting 2014.

In addition, the shareholders approved all other proposals made by the Board of
Directors and the Nominating Committee as outlined in the published notice of
the Annual General Meeting for Swedish Match AB.

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For further information, please contact:

Lars Dahlgren, President and Chief Executive Officer
Office +46 8 658 0441

Joakim Tilly, Chief Financial Officer
Office +46 8 658 0213

Emmett Harrison, Senior Vice President Corporate Communications and
Sustainability
Office +46 8 658 0173

Richard Flaherty, President US Division, US Investor Relations contact
Office +1 804 787 5130
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Swedish Match develops, manufactures, and sells quality products with market
-leading brands in the product areas Snus and snuff, Other tobacco products
(cigars and chewing tobacco), and Lights (matches and lighters).Well known
brands include General snus, Longhorn moist snuff, White Owl cigars, Red Man
chewing tobacco, Fiat Lux matches, and Cricket lighters. The Group sells
products across the globe, with production units in six countries. The Group’s
global operations generated sales of 12,486 MSEK for the twelve month period
ending December 31, 2012. The Swedish Match share is listed on NASDAQ OMX
Stockholm (SWMA).
_________

Swedish Match AB (publ), Box 7179, SE-103 88 Stockholm, Sweden
Visiting address: Västra Trädgårdsgatan 15. Telephone: +46 8 658 0200
Corporate Identity Number: 556015-0756
www.swedishmatch.com

Attachments

04251792.pdf