The Nomination Committee proposes election of new Board Directors

In advance of the Annual General Meeting of shareholders in Qliro Group AB
(publ) to be held on May 18, 2015, the Nomination Committee – comprised of
Cristina Stenbeck appointed by Investment AB Kinnevik, Annika Andersson
appointed by Swedbank Robur Funds, and Rezo Kanovich appointed by Oppenheimer
Funds – proposes the re-election of Board members Patrick Andersen, Mia Brunell
Livfors, Mengmeng Du, Lorenzo Grabau, David Kelly and Daniel Mytnik. The
Committee also proposes the election of Jens Grede and Peter Sjunnesson as new
Board members. Furthermore, the Nomination Committee proposes the election of
Mia Brunell Livfors as new Chairman of the Board. Lars-Johan Jarnheimer and Lars
Nilsson have declined re-election.
Jens Grede is the co-founder and Chairman of Saturday Group, one of the world’s
leading fashion marketing groups, and currently serves on the Board of Global
Fashion Group, the emerging markets fashion e-commerce company operating under
the Dafiti, Jabong, Lamoda, Namshi and Zalora brands. Since co-founding the
Saturday Group in 2003, Jens has led the company’s expansion across sectors such
as marketing, e-commerce, talent brokering and brand management. Prior to co
-founding the Saturday Group, Jens spent three years at the Wallpaper Group as a
Project Manager.

Peter Sjunnesson is since 2002 an independent consultant serving financial and
service companies with growth and operational efficiency projects. Peter is
currently a Board member of Lindorff Group, one of Europe’s largest credit
management companies, and was Lindorff Group’s interim Chief Executive Officer
between October 2014 and April 2015. Peter serves on the Boards of Qliro Group’s
payment solutions company Qliro AB and of a number of start-up ventures, and has
previously served on the Boards of Dibs Payment Services and Klarna, the latter
as Chairman between 2006 and 2010. Prior to starting his consulting business in
2002, Peter was Group Chief Executive Officer of Intrum Justitia for four years
up until the company’s relisting on the Stockholm stock exchange in 2002.

Cristina Stenbeck, Chairman of the Nomination Committee, commented: “The
Nomination Committee is delighted to propose Jens Grede and Peter Sjunnesson for
election at the Annual General Meeting. Jens will bring to the Board valuable
insight into the global fashion industry and the important role of e-commerce
and digital brand building in driving additional growth. Peter will bring to the
Board a unique experience in consumer-facing financial services businesses built
over decades. They will bring highly complementary expertise to support Qliro
Group’s execution of its future strategic initiatives.”

Cristina Stenbeck added: “The Nomination Committee would like to extend its
sincere thanks to Lars Nilsson and Lars-Johan Jarnheimer for their hard work and
contribution to the development of Qliro Group since the Company’s listing and
demerger from Modern Times Group in 2010. Lars Nilsson has provided great
leadership in his role as Chairman of the Board’s Audit Committee for several
years. Lars-Johan Jarnheimer has been an excellent Chairman of the Board and a
key enabler of the Company ‘s successful development since the beginning.”

The information in this announcement is such that Qliro Group AB (publ) is
required to disclose under the Securities Markets Act. This information was
released for publication at 08:00 CET on 16 April 2015.
For further information, please visit qlirogroup.com, or contact:
Cristina Stenbeck, Chairman of the Nomination Committee
Tel: +46 (0) 8 562 000 00

Questions from investors and research analysts:
Nicolas Adlercreutz, CFO
Tel: +46 (0) 70 587 44 88
E-mail: ir@qlirogroup.com

Questions from media:
Fredrik Bengtsson, Head of Communications
Tel: +46 (0) 700 80 75 04
E-mail: press@qlirogroup.com
About Qliro Group
Qliro Group is a leading e-commerce group in the Nordic region. Since the start
in 1999, the Group has expanded and broadened its product portfolio and is now a
leading e‐commerce player in consumer goods and lifestyle products through
CDON.com, Lekmer, Nelly (Nelly.com, NLYman.com, Members.com), Gymgrossisten
(Gymgrossisten.com/Gymsector.com, Bodystore.com, Milebreaker.com) and Tretti.
The group also comprises the payment solution Qliro. In 2014, the group
generated 5.0 billion SEK in revenue. Qliro Group’s shares are listed on Nasdaq
Stockholm’s Mid-cap list under short name “QLRO”.