Bulletin from the Annual General Meeting of Husqvarna AB (publ)

The AGM of Husqvarna AB (publ) was held on April 21, 2015 in Jönköping.
Adoption of the Income Statements and Balance Sheets, dividend and discharge of
liability

The Income Statements and Balance Sheets were adopted, together with the Board
of Directors’ proposal for dealing with the Company’s profit. The dividend was
set at SEK 1.65 per share to be paid in two installments, firstly SEK 0.55 per
share with Thursday, April 23, 2015 as the first record day, secondly SEK 1.10
per share with Friday October 23, 2015 as the second record day. The estimated
dates for payment are Tuesday, April 28, 2015 and Wednesday, October 28, 2015.
The Board of Directors and the Presidents were discharged from liability for the
financial year 2014.

Board of Directors and remuneration to the Directors and the Auditors

The Nomination Committee’s proposal that the Board of Directors shall comprise
eight Board members to be elected by the AGM, and no deputies, was adopted.
Magdalena Gerger, Tom Johnstone, Ulla Litzén, Katarina Martinson, Daniel
Nodhäll, David Lumley, Lars Pettersson and Kai Wärn were re-elected. Lars
Westerberg declined re-election. Tom Johnstone was elected Chairman of the
Board.

The AGM approved the Nomination Committee’s proposal regarding remuneration to
the Board of SEK 5,260,000 in total, whereof SEK 1,725,000 to the Chairman of
the Board, and SEK 500,000 to each of the Directors elected by the AGM and not
employed by the Company. The Chairman of the Audit Committee shall receive SEK
175,000 and the two members shall receive SEK 80,000 each. The Chairman of the
Remuneration Committee shall receive SEK 100,000 and the two members SEK 50,000
each.

The Auditor's fee shall be paid on the basis of approved invoices.

Principles for remuneration and long-term incentive program

The AGM approved the Board of Directors' proposal for principles of remuneration
to Husqvarna Group Management.

Furthermore, the AGM approved the Board of Director's proposal for a performance
based long-term incentive program for 2015, LTI 2015.

Re-purchase and transfers of own shares

The AGM authorized the Board of Directors to, on one or more occasions during
the period up until the next AGM, approve re-purchase of B-shares, conditioned
upon that the Company’s holding does not at any time exceed 1% of the total
number of issued shares in the Company. Shares shall be purchased on NASDAQ
Stockholm at a price within the share-price spread registered at the time.

In addition, the AGM authorized the Board of Directors to on one or more
occasions during the period up to the next AGM, sell the Company’s own B-shares
on NASDAQ Stockholm. Shares may only be sold on NASDAQ Stockholm for cash at a
price within the share-price interval registered at that time.

The AGM further resolved to authorize the Board of Directors to, on one or more
occasions, direct the Company to enter one or more equity swap agreements with a
third party, on terms and conditions in accordance with market practice.

The purpose of the authorizations to re-purchase and sell shares; and to enter
into equity swap agreements is to hedge the Company’s undertakings (including
social costs) for the Company’s incentive programs and to continuously adapt the
number of shares held for this reason.

Authorization for new share issue

The AGM authorized the Board to approve the issue of not more than approximately
57.6 million new B-shares against consideration in kind, on one or more
occasions during the period up to the AGM in 2016. The price for the new shares
shall be based on the market price of the Husqvarna B-share. The purpose of the
authorization is to facilitate acquisitions for which payment will be made in
own shares.

Nomination Committee

At the AGM in 2013 it was decided that, until the AGM resolves otherwise, the
Company shall have a Nomination Committee consisting of five members. The
members shall comprise one representative of each of the four largest
shareholders in the Company in terms of the number of known vote rights held as
of the last banking day of August, and who have expressed a wish to participate
in the nomination committee work, together with the Chairman of the Board of
Directors.


The above information has been made public in accordance with the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
published at 19.15 on April 21, 2015.
For additional information, please contact
Tobias Norrby, Investor Relations Manager at 46 8 738 93 35 or
ir@husqvarnagroup.com
Husqvarna Group
Husqvarna Group is a world leading producer of outdoor power products including
chainsaws, trimmers, robotic lawn mowers and garden tractors. The Group is also
the European leader in garden watering products and a world leader in cutting
equipment and diamond tools for the construction and stone industries. The
Group’s products and solutions are sold under brands including Husqvarna,
Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah and Diamant Boart via
dealers and retailers to end-customers in more than 100 countries. Net sales in
2014 amounted to SEK 33 billion, and the Group had more than 14,000 employees in
40 countries.