Increase of board and new chairman of the board At the general meeting of shareholders the 24th of April 2007, the election committee will propose following: - The number of board members will increase from six to seven members. - Jan Svensson is nominated as new board member and new chairman of the board. The other board members will remain. Jan Svensson is CEO in Investment AB Latour. The proposition is supported by shareholders' representing appr. 80 % of the votes. For further information, please contact: Hans Franzén, Chairman of the board, OEM International AB, tel: + 46 (0)709-760 686. OEM International AB trades in industrial components and systems. The Group has business activities in 23 operating units in ten countries and a reported turnover of SEK 1,450 million in 2006. The Group, headquartered in Tranås, Sweden, had 531 employees at the turn of the year. OEM International’s B-share is quoted on the Stockholm Small Cap. OEM’s financial targets include an annual growth of 15%, a minimum 20% return on equity and an equity/assets ratio of not below 35%.
Increase of board and new chairman of the board
| Source: OEM International AB