ITAB - AGM OF ITAB SHOP CONCEPT AB (PUBL)

AGM OF ITAB SHOP CONCEPT AB (PUBL)

6/3/2008 3:09:00 PM

AGM OF ITAB SHOP CONCEPT AB (PUBL)
With the shareholders in attendance, the annual general meeting of ITAB Shop Concept AB (publ) was held 3 June 2008.

DIVIDEND
The AGM decided on a dividend of SEK 1.00 per share, this amounting to a total of SEK 13,992 thousand. The record date was set at 9 June 2008. Distribution of the dividend is scheduled for 12 June 2008 (via VPC).

BOARD
Thord Johansson, Anna Benjamin, Erik Josefsson, Johan Rapp, Stig-Olof Simonsson and Per Rodert were re-elected to the board of directors. Thord Johansson was elected chairman of the board.

ELECTION COMMITTEE
Johan Rapp, Ulf Gustavsson and Lars Persson were elected to be the members of the election committee.

GUIDELINES ON TERMS AND CONDITIONS GOVERNING THE REMUNERATION OF SENIOR POST HOLDERS
It was decided that, for senior post holders, the terms and conditions governing remuneration and other aspects of employment should be in line with those in the market in general. In addition to a fixed basic salary, senior post holders may receive variable remuneration based on profit levels in relation to profit targets. Senior post holders shall have pension packages that are contribution-based and in line with those in the market in general.

AUTHORISATION OF LIMITED NEW SHARE ISSUES
The AGM decided to authorise the board to take decisions on issuing new B shares in connection with company acquisitions. Such issues shall be limited to no more than one tenth of ITAB's issued B shares. Up until the AGM for 2009, the board shall be able to take said decisions on one or more occasions.

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