Resolutions adopted at SSAB’s Extraordinary General Meeting on 11 September 2014

An Extraordinary General Meeting in SSAB was held today, September 11, 2014, in
Stockholm.
Directors

It was resolved that the Board of Directors shall comprise nine directors. It
was resolved to elect Petra Einarsson, Kim Gran and Matti Lievonen as new
directors of the Board of Directors. Anders G Carlberg, Matti Sundberg and Pär
Östberg had announced that they are leaving the Board of Directors in connection
with the Extraordinary General Meeting.

The Board of Directors will, from the time when the resolution becomes effective
and until the end of the next annual general meeting, consist of the following
directors elected by the general meeting: Petra Einarsson, Kim Gran, Jan
Johansson, Matti Lievonen, Martin Lindqvist, Annika Lundius, Sverker Martin-Löf,
John Tulloch and Lars Westerberg.

Board fees

It was resolved that Board fees on annual basis shall be paid in the amount of
SEK 1,650,000 to the Chairman of the Board and SEK 550,000 to each director who
is not employed in the Group, to apply for the last six months prior to the next
annual general meeting. For the period up until then, Board fees shall be paid
on annual basis according to the same levels as was resolved at the Annual
General Meeting 2014, i.e. Board fees on annual basis shall be paid in the
amount of SEK 1,425,000 to the Chairman of the Board and SEK 475,000 to each
director who is not employed in the Group. Compensation to directors in respect
of committee work shall be paid on annual basis according to the same levels as
was resolved by the Annual General Meeting 2014, i.e. in the amount of SEK
100,000 each, with the exception of the position of Chairman of the Audit
Committee, for which payment shall be made in the amount of SEK 125,000.

This information is published by SSAB pursuant to the requirements of the
Finnish Securities Market Act and the Swedish Securities Market Act. Submitted
for publication at 11.00 am CET, September 11, 2014.
For further information, please contact:

Andreas Koch, Head of Investor Relations, andreas.koch@ssab.com, 46 8 45 45 729
SSAB is a Nordic and US-based steel company. SSAB offers value added products
and services developed in close cooperation with its customers to create a
stronger, lighter and more sustainable world. SSAB has employees in over 50
countries. SSAB has production facilities in Sweden, Finland and the US. SSAB is
listed on the NASDAQ OMX Nordic Exchange in Stockholm and has a secondary
listing on the NASDAQ OMX in Helsinki. www.ssab.com.