Decisions at Rezidor's Annual General Meeting, 24 April

The Annual General Meeting of Rezidor Hotel Group AB was held today, April 24, 2014 in Stockholm. During the meeting, the following decisions were taken:

Rights issue: The Annual General Meeting approved the Board of Directors' resolution from 23 March 2014 regarding a new share issue with preferential right for the shareholders of Rezidor. No more than 24,386,817 new shares shall be issued at a subscription price of SEK 22.30 per new share. The share capital shall be increased with no more than EUR 1,625,766. A prospectus regarding the rights issue is expected to be published on 28 April 2014.

Dividend: It was decided that no dividend will be paid for the year 2013 and that the distributable funds are brought forward.

Board of Directors: The following members were re-elected: Douglas M. Anderson, Staffan Bohman, Göte Dahlin, Anders Moberg, Wendy Nelson and Trudy Rautio. Charlotte Strömberg and David Berg were elected to the Board of Directors. Trudy Rautio was re-elected as Chairman of the Board of Directors.

Share-based long-term incentive programme: It was decided that a long-term, performance-based incentive programme for 2014 will be implemented. It will comprise no more than 35 executives within Rezidor. The term of the programme will be 3 years, and the programme will in total comprise no more than 1,463,209 shares. The program consists of Matching shares for Executive Committee members only and Performance shares for all participants. The Executive Committee members are required to make a personal investment in shares (Savings Shares) and will receive one Matching Share for each Savings Share after the expiry of the three-year period. The maximum number of Performance Shares is dependent on the executive's role and achievement of a 3-year cumulative EPS target. Further details on the programme can be found at www.rezidor.com.

For further information, kindly contact:
Marianne Ruhngård, General Counsel and Secretary of the Board
Tel: [phone]
E-mail: [e-mail]

About the Rezidor Hotel Group

The Rezidor Hotel Group is one of the fastest growing hotel companies worldwide and a member of the Carlson Rezidor Hotel Group, one of the world's ten largest hotel groups. Rezidor features a portfolio of more than 427 hotels in operation and under development with over 94,500 rooms in 69 countries. Rezidor operates the brands Radisson Blu and Park Inn by Radisson in Europe, the Middle East and Africa, along with the Club Carlson^SM loyalty programme for frequent hotel guests. In early 2014 and together with Carlson, Rezidor has launched the new brands Radisson Red (lifestyle select) and Quorvus Collection (luxury). Rezidor has an industry-leading Responsible Business Programme and was awarded one the World's Most Ethical Companies by the US think tank Ethisphere.

Since November 2006, Rezidor is listed on the Stockholm Stock Exchange (REZT).
Carlson, a privately held, global hospitality and travel company, based in Minneapolis (USA), is the majority shareholder.

The Corporate office of The Rezidor Hotel Group is based in Brussels, Belgium.
For more information, visit www.rezidor.com.

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Source: Rezidor Hotel Group via Globenewswire

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