Notice of an Extraordinary General Meeting of East Capital Explorer AB (publ) - Seite 2

Note that shareholders who are represented by proxy must also give notice of participation in accordance with the instructions given above and be registered in their own name at Euroclear Sweden AB on Wednesday 13 August 2014. A submitted proxy is not valid as a notification to participate at the EGM.

Number of shares and votes
At the time of issuing the notice to attend the EGM, the Company has a total of 29,943,260 registered shares, with one vote per share. The Company does not hold any own shares.

Right to request information
Shareholders present at the EGM have a right to request information regarding the matters on the agenda in accordance with Chapter 7, Sections 32 and 57 of the Swedish Companies Act (2005:551).

Proposed agenda

1. Opening of the meeting
2. Election of the chairman of the meeting
3. Preparation and approval of the voting register
4. Approval of the agenda
5. Election of one or two persons to attest the minutes of the meeting
6. Decision on whether the meeting has been duly convened
7. Decision on the number of members of the board of directors
8. Decision on remuneration to board member
9. Election of board member
10. Closing of the meeting

The nomination committee's proposal

7. The nomination committee proposes that the board of directors shall be increased from five members to six members.

8. Provided that the EGM elects Liselotte Hjort as a new member of the board of directors in accordance with item 9 below, the nomination committee proposes that Liselotte Hjort shall receive a board remuneration and a remuneration for work in the Audit Committee of SEK 222,932 and SEK 33,772 respectively, corresponding to the remuneration received by other members of the board of directors in proportion to the length of the mandate.

The remuneration to a board member may, subject to a specific agreement with the Company, be invoiced through a company or entity registered in the country where the board member is tax domiciled. In order for the Company to enjoy cost neutrality, the invoiced remuneration shall be adjusted for social security charges and value added tax.

9. The nomination committee proposes that Liselotte Hjorth is elected as a new member of the board of directors. The proposal means that the board of directors thereafter will consist of Paul Bergqvist, Peter Elam Håkansson, Lars O Grönstedt, Louise Hedberg, Liselotte Hjorth and Alexander Ikonnikov.

Liselotte Hjorth, born in 1957, has broad and extensive experience from banking, finance and real estate, mainly through a number of positions within the SEB Group, and most recently as Global Head of Commercial Real Estate and Member of the Management Board of SEB AG in Frankfurt, Germany. Liselotte Hjorth is a Member of the Board of the Swedish National Debt Office, Kungsleden AB and White arkitekter AB. Liselotte Hjorth has a Bachelor of Science degree in Business Administration and Economics from the University of Lund.

The nomination committee believes that the proposed election of Liselotte Hjorth will bring a valuable addition of financial expertise in general, in particular within real estate, financing and the credit market. Furthermore, Liselotte Hjorth has as broad knowledge of international affairs and markets, including experience from Russia and the Baltic region.

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Stockholm in July 2014
EAST CAPITAL EXPLORER AB (publ)
Board of Directors

Notice EGM 19 August 2014

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: East Capital Explorer AB via Globenewswire

HUG#1839450