Peab’s Annual General Meeting 2014

  · Dividend adopted at SEK 1.80 per share
  · Continued authorisation for the new issue of B shares
  · Continued authorisation for the acquisition and transfer of own shares

Peab AB (publ) held its Annual General Meeting today, Tuesday. The Annual
General Meeting adopted a dividend of SEK 1.80 according to the proposal from
the Board of Peab. The record date will be Friday the 16thof May and the
Euroclear will distribute this dividend on Wednesday 21 May.

The Annual General Meeting granted the Board and the Chief Executive Officer
discharge for the financial year of 2013.

The Board members Karl-Axel Granlund, Göran Grosskopf, Fredrik Paulsson, Mats
Paulsson and Lars Sköld were re-elected. Nina Udnes Tronstad and Kerstin Lindell
were elected as new members of the Board. Göran Grosskopf was re-elected as
Chair of the Board and Mats Paulsson was re-elected as Deputy Chair.

Election of registered auditors company KPMG.

Remuneration to the Chair of SEK 495,000 (unchanged) and to every other Board
member not employed in the company of SEK 195,000 (unchanged) was adopted.
Remuneration to each member of the Remuneration Committee and Finance Committee
of SEK 30,000 (unchanged) was adopted. Furthermore, it is proposed that the Vice
Chair be paid a fee of SEK 2,765,000 (unchanged) as a special payment for being
at the Group's disposal for matters relating to customers and markets. The
resulting total remuneration to Board members of SEK 4,610,000 (4,805,000) was
adopted.

Auditor’s fee shall continue to be those presented in an approved statement of
accounts.

The Annual General Meeting authorised the Board of Peab to, on one or more
occasions, until the next Annual General Meeting, decide to issue B shares
corresponding to a maximum of 10 percent of the registered share capital at the
time of authorisation, with or without preferential rights for current
shareholders.

The Annual General Meeting authorised the Board of Peab to, on one or more
occasions, until the next Annual General Meeting, acquire or transfer Peab
shares.

The Annual General Meeting authorised the Board of Peab to, until the next
Annual General Meeting,

- decide to, on NASDAQ OMX Stockholm or through an offer to buy directed to all
shareholders or to shareholders holding a certain class of shares, acquire at
the most as many shares so that after the acquisition the company’s holding of
own shares corresponds to one tenth of the all shares in the company. The shares
may be bought on NASDAQ OMX Stockholm at a price within the registered price
interval on each occasion or, when acquired through an offer to buy for a cash
compensation, at a price corresponding to the lowest market price at the time of
the offer with a maximum deviation of 30 % upwards. Shares may only be acquired
for a consideration in cash,

- decide to, on NASDAQ OMX Stockholm or in connection with for example an
acquisition, and with or without a deviation from shareholders’ preferential
rights, transfer a maximum of all own shares held by the company on NASDAQ OMX
Stockholm, at a price within the registered price interval on each occasion or,
if divested in some other manner, at a price corresponding to the market price
of the shares at the time of the transfer with any deviation the Board considers
appropriate.

The purpose of this authorisation is to improve the company’s capital structure
and/or use to finance acquisitions etc.

Malte Åkerström, Göran Grosskopf, Magnus Swärd and Mats Rasmussen were re
-elected to the Nomination Committee.

Magnus Swärd was elected Chair of the Nomination Committee.

The Annual General Meeting decided to adopt the remuneration policy proposed by
the Board.

All decisions by the Annual General Meeting were made with the necessary
majority of votes.

For further information please contact.

Niclas Winkvist, CEO Peab, +46 431 89109

Gösta Sjöström, CIO Peab, +46 733 37 10 10

Peab AB discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act.

The information was submitted for publication at 6 p.m. on 13 May 2014.
Peab is the Nordic Community Builder with some 13,000 employees and net sales
exceeding SEK 40 billion. The Group’s subsidiaries have strategically located
offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX
Stockholm. The registered office of the Group is at Förslöv, Skåne in south of
Sweden.