New Proposals Made Before Pergo’s Annual General M

Trelleborg, Sweden, April 1—-Prior to Pergo AB’s annual general meeting, the nomination committee the board of directors has made a variety of proposals. - That the Chairman of the Board, Bertil Villard, be elected as Chairman of the Meeting. - The Board will consist of seven ordinary members. - Remuneration for the Board will be SEK 1,750,000 of which SEK 650,000 is to the Chairman and SEK 150,000 to each of the remaining elected members who are not employed by the Group, as well as SEK 200,000 to be allocated for dividing between those Board members who takes part in committee work. - The auditors will receive remuneration for their time according to their invoice. - Kurth Augustson, Jan Söderberg, Katarina Wendt Englund, Bertil Villard and Karl Stenström, to be re-elected as Board members and Roger Buehler and Theodor Dalenson, to be elected as new Board members. It is proposed that Bertil Villard be re-elected as Chairman of the Board. Roger Buehler is Investment Director at Laxey Partners Ltd. Theodor Dalenson is Chairman of the Board in AB Novestra. - The authorized public accountants Olle Karlsson and Magnus Willfors should be elected as auditors and Eva Nyzell and Mikael Eriksson be elected as deputy auditors. All of these work for Öhrlings PricewaterhouseCoopers - It is further proposed that a Nomination Committee will be established so *that the Chairman of the Board shall convene a Nomination Committee during the third quarter based on share ownership on August 31; *that the Nomination Committee, besides the Chairman of the Board, shall consist of members representing the five largest shareholders in the company, and if any of these should not want to take part in the Nomination Committee, or if a Member leaves the Committee before their work is completed, then the largest shareholder after these shall be offered representation on the Nomination Committee; *that the majority of the Nominating Committee’s members shall not be Board members and that the CEO or another person from the company’s executive management shall not be Members of the Nomination Committee and *that the Nomination Committee shall choose a Chairman who is not a Board member; that the Nomination Committee’s assignments are to make proposals concerning the choice of Chairman for the Annual General Meeting, choice of Board Members and Auditors as well as fees to the Board and Auditors; *that the Nomination Committee’s composition shall be announced in such time that, if possible, it can be made public at least six months before the Annual General Meeting and *that if the Nomination Committee finds it necessary, then it shall have the right, at the company’s expense, to employ a reasonable number of external consultants within the framework of its assignments.