AGM 2015 elected Bengt Kjell new Chairman of the Board

SSAB's Annual General Meeting (AGM) was held today, April 8, 2015 in Stockholm.
Bengt Kjell was elected as a new director and also as a new director and also as
the new Chairman of the Board. The AGM also resolved that no dividends be paid
for the financial year 2014.
It was resolved that the Board of Directors comprises eight (8) members.
Directors Petra Einarsson, Kim Gran, Matti Lievonen, Martin Lindqvist, Annika
Lundius, John Tulloch and Lars Westerberg were re-elected, and Bengt Kjell was
elected as a new director and as the new Chairman of the Board. Chairman Sverker
Martin-Löf and director Jan Johansson were resigning members of the Board. The
AGM granted the directors and President discharge from liability in respect of
the financial year 2014.

The AGM resolved on Board fees 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.
Compensation to directors in respect of committee work will be paid in the
amount of SEK 100,000 each, with the exception of the position of Chairman of
the Audit Committee, to whom payment will be made in the amount of SEK 125,000.
Auditor fees shall be paid in accordance with approved invoices.

Guidelines were adopted regarding the determination of salaries and other
compensation for the President and other senior executives in accordance with
the Board's proposal.

The AGM adopted the income statement and balance sheet as well as the
consolidated income statement and consolidated balance sheet. The AGM resolved
that no dividends be paid for the financial year 2014.

It was resolved that the auditors shall be one registered accounting firm.
PricewaterhouseCoopers (PwC) was re-elected for a term of office up to and
including the 2016 AGM.

This information is published by SSAB pursuant to the requirements of the
Swedish Securities Market Act and the Finnish Securities Market Act. Submitted
for publication at 3.30pm CET, April 8, 2015.

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.