Nomination Committee's Proposals to the Annual General Meeting 2009

Nomination Committee's Proposals to the Annual General Meeting 2009

The Nomination Committee of New Wave Group, consisting of Arne Lööw, Chairman
(and representing Fjärde AP-fonden), Anders Algotsson (representing AFA
Försäkringar) and Torsten Jansson (representing Torsten Jansson Förvalltning AB)
has decided to submit the following proposals to the company's Annual General
Meeting, which takes place on May 19, 2009 in Gothenburg:

Election of Chairman and other members to the Board of Directors

The Nomination Committee proposes re-election of Torsten Jansson and Mats Årjes
as members and election of Jan Lidén, Göran Härstedt, Kinna Bellander and Helle
Kruse Nielsen as new members of the board. No deputy board members are
suggested. Hans Johansson, Maria Andark and Peter Nilsson have declined
re-election.

Jan Lidén is proposed as chairman of the board.

Information on proposed board members:

Jan Lidén:
- Age: Born 1949
- Primary education: Pol.mag. economics
- Work experience: President and CEO of Swedbank AB (publ) (up to and including
February 28, 2009) and earlier solid experience from the pharmaceutical sector
and retail (perishables)
- Assignments in the company: -
- Other major assignments: Chairman of Visa Europe Ltd
- Own or related natural or legal person holding shares and other financial
instruments in the company: -
- Independent in relation to the company and its management and major
shareholders in the company: Yes

Göran Härstedt:
- Age: Born 1965
- Primary education: Master of Laws (LL.M) 
- Work experience: President and CEO of New Wave Group AB (until the Annual
General Meeting May 19, 2009) since 2007, former Vice President and Deputy CEO
in New Wave Group AB for the period 2001 - 2007, lawyer and partner at the law
firm Wistrand until 2001
- Assignments in the company: Resigning President and CEO of New Wave Group AB
and board member of all subsidiaries and associated companies in New Wave Group
(and chairman in a majority of them)
- Other major assignments: Board member of Forcera AB
- Own or related natural or legal person holding shares and other financial
instruments in the company: 155,000 B-shares and 100,000 warrants with a
maturity June 30, 2010, and 55,000 warrants with a maturity June 30, 2011, in
New Wave Group
- Independent in relation to the company and its management and major
shareholders in the company: No

Kinna Belander:
- Age: Born 1955
- Primary education: Journalism
- Work experience: Responsible for analysis, strategy and development at TV4 and
earlier News Head TV4 and then a number of senior positions within MTG and
Kinnevik
- Assignments in the company: -
- Other major assignments: Chairman of Fabaris AB and board member of School of
Education and Communication in Jönköping
- Own or related natural or legal person holding shares and other financial
instruments in the company: -
- Independent in relation to the company and its management and major
shareholders in the company: Yes

Helle Kruse Nielsen:
- Age: Born 1953
- Primary education: MBA
- Work experience: Long experience within the consumer and retail area with
previous senior positions at Mars, Inc. until 2002 and then membership of a
number of boards
- Assignments in the company: -
- Other major assignments: Board Member of Swedbank AB, Oriflame Cosmetics SA,
Gumlink A/S and AkerBioMarine ASA. Has previously been a board member of V & S
Vin & Sprit AB, BestyrelsesGruppen and Dansk Droge A/S
- Own or related natural or legal person holding shares and other financial
instruments in the company: -
- Independent in relation to the company and its management and major
shareholders in the company: Yes

Torsten Jansson:- Age: Born 1962
- Primary education: Secondary education
- Work experience: Has founded the company and been active in profile and retail
throughout his adult life
- Assignments in the company: Working Chairman of New Wave Group AB and pro tem.
CEO of the subsidiary Orrefors Kosta Boda AB and board member of all
subsidiaries and associated companies in New Wave Group
- Other major assignments: Board member of RNB Retail and Brands AB and Forcera
AB
- Own or related natural or legal person holding shares and other financial
instruments in the company: 20,707,680 A-shares, 757,725 B-shares, 125,000
warrants with a maturity June 30, 2010, 55,000 warrants with a maturity June 30,
2011, and drawn call options regarding totally 239,000 B-shares with different
due dates in New Wave Group
- Independent in relation to the company and its management and major
shareholders in the company: No
- Elected: 1991
Mats Årjes:
- Age: Born 1967
- Primary education: MBA
- Work experience: President and CEO of SkiStar AB since 2002 and earlier
Federal Director of the Swedish Skiing Federation 
- Assignments in the company: Board member of New Wave Group AB
- Other major assignments: Board member of SkiStar AB and related companies and
chairman of the Swedish Skiing Federation
- Own or related natural or legal person holding shares and other financial
instruments in the company: 10,000 B-shares and 50,000 warrants with a maturity
June 30, 2011, in New Wave Group
- Independent in relation to the company and its management and major
shareholders in the company: Yes
- Elected: 2007

The proposed board means, with respect to the company's operations, development
stage, and conditions in general, an appropriate composition of members with
high skills in law and international business transactions, international
distribution, banking and financing issues, tourism and sports, and the retail
and profile markets.

The proposal of electing the resigning CEO Göran Härstedt is motivated by his
long and extensive experience within New Wave Group and its business units as
well as his knowledge and experience in law, international business practices
and business transactions. Furthermore, the current main shareholder and the
board have full confidence in him, and his own decision to resign is based upon
family reasons, which means that he needs more flexibility.

Proposed fees to the board members

The fees to the board members are proposed to be unchanged, meaning 270,000 SEK
to the chairman and 135,000 SEK to each of the other board members which are not
employees of the company.

Chairman at the Annual General Meeting

The Nomination Committee proposes that Torsten Jansson is elected chairman at
the Annual General Meeting.

Gothenburg 20 February 2009
New Wave Group AB (publ)
The Nomination Committee
For more information, please contact:
Göran Härstedt, CEO, New Wave Group AB (publ) Tel: +46 (0)31 712 89 02 
Torsten Jansson, Chairman of the Board of New Wave Group AB (publ) Tel: +46 31
712 89 01
Arne Lööw, Chairman of the Nomination Committee Tel +46 8 787 75 59