Shareholders in Hakon Invest AB (publ) are hereby invited to the Annual General Meeting to be held at 17.00 CET on Monday, 20 May 2013 at Näringslivets Hus, Storgatan 19, Stockholm. Light refreshments will be served from 15.30 CET in conjunction with the meeting. Summary of proposals by the Nomination Committee and the Board: * The Nomination Committee proposes re-election of Peter Berlin, Cecilia Daun Wennborg, Andrea Gisle Joosen, Magnus Moberg and Jan Olofsson. Göran Blomberg, Fredrik Hägglund, Bengt Kjell, Claes-Göran Sylvén and Margot Wallström are proposed as new members of the Board. The Nomination Committee proposes that Claes-Göran Sylvén be elected as the Chairman of the Board. Hannu Ryöppönen and Anders Fredriksson have declined re-election. Göran Blomberg, Fredrik Hägglund and Claes-Göran Sylvén were previously members of the Board of ICA AB, and Claes-Göran Sylvén has been the Chairman of the Board since 2003. The Nomination Committee's reasons for its Board proposals and a more detailed presentation of Board members are provided on www.hakoninvest.se under Corporate Governance. * The Nomination Committee proposes that the total fees to the Board shall be paid in a total amount of SEK 3,550,000 of which SEK 850,000 to be paid to the Chairman of the Board and SEK 300,000 to each of the other members elected by the Meeting. The Nomination Committee further proposes that SEK 825,000 be allocated for committee work. * The Board proposes that the Annual General Meeting resolves on a change of name of Hakon Invest AB to ICA Gruppen AB and that the wording in §1 of the Articles of Association be changed accordingly. * The Board proposes adoption of guidelines for remuneration to senior executives and that the CEO and other senior executives be covered by two remuneration systems in the form of a cash bonus, one of which runs for one year and the other for three years. * The Board proposes termination of the incentive programmes for 2011 and 2012 and a transfer of treasury shares. * It is proposed that the meeting resolves that no dividend be paid for the 2012 fiscal year. Shareholders who wish to participate in Hakon Invest's Annual General Meeting shall (i) be registered in the share register at Euroclear Sweden AB no later than Tuesday 14 May and (ii) notify their intention to participate no later than Tuesday, 14 May 2013. More information about notification of attendance and the complete notice of the meeting are available at www.hakoninvest.se and attached to this press release. For further information, please contact: General Counsel Fredrik Hägglund Tel +46 8 55 33 99 08 Head of IR Pernilla Grennfelt Tel +46 8 55 33 99 55 Hakon Invest is listed on Nasdaq OMX Stockholm, Hakon Invest owns ICA AB, the Nordic region's leading retail company with a focus on food. The portfolio also includes shares in Forma Publishing Group, Kjell & Company, Cervera, inkClub and Hemtex. Further information about Hakon Invest is available at www.hakoninvest.se [HUG#1693761]
Welcome to the Annual General Meeting of Hakon Invest
| Source: ICA Gruppen AB