Report from ICA Gruppen’s 2015 Annual General Meeting

ICA Gruppen’s 2015 Annual General Meeting was held on Wednesday, 22 April at the
Globe Arena in Stockholm. Approximately 400 shareholders and guests participated
in the Meeting, which was chaired by the Chairman of the Board Claes-Göran
Sylvén.
ICA Gruppen’s Annual General Meeting approved the proposed dividend of SEK 9.50
per ordinary share for the 2014 financial year. 24 April 2015 was set as the
record date for receiving a dividend. Dividends are expected to be paid by
Euroclear Sweden AB on Wednesday, 29 April 2015.

The Annual General Meeting resolved on re-election of Board members Peter
Berlin, Göran Blomberg, Cecilia Daun Wennborg, Andrea Gisle Joosen, Fredrik
Hägglund, Bengt Kjell, Magnus Moberg, Jan Olofsson and Claes-Göran Sylvén.
Jeanette Christensen Jäger was elected as a new member of the Board. Claes-Göran
Sylvén was re-elected as the Chairman of the Board.

The Meeting resolved that total fees to the board amount to SEK 4,100,000, of
which SEK 950,000 to be paid to the Chairman of the Board and SEK 350,000 to
each of the other members elected by the Meeting. It was further resolved that
SEK 1,125,000 be allocated for committee work. Fees to auditors to be paid in
accordance with approved invoices.

Registered accounting firm Ernst & Young Aktiebolag was re-elected as auditor.
Ernst & Young Aktiebolag have announced that they will appoint Erik Åström as
Senior Auditor.

The Meeting adopted the income statements and balance sheets for the Parent
Company and for the Group and granted discharge from liability for the members
of ICA Gruppen’s Board of Directors and the CEO for the 2014 financial year.

The Meeting resolved on principles for the composition of the Nomination
Committee in accordance with the proposal from the Board and the Nomination
Committee.

The Meeting resolved on principles for remuneration and other employment terms
for senior executives, which essentially correspond to the principles adopted at
the 2014 Annual General Meeting. Remuneration shall comprise basic salary,
pension and two variable remuneration schemes in the form of a cash bonus, one
of which runs for one year and the other for three years. Senior executives are
expected to invest annually in shares in ICA Gruppen corresponding to
5-10%  of their gross salary. After 12 months, senior executives are entitled
under certain conditions to receive a net amount corresponding to half of the
amount invested.

The Meeting resolved, in accordance with the Board’s proposal, to authorise the
Board to decide on a transfer of a maximum of 141,655 ordinary shares held by
ICA Gruppen AB.

A recorded version of CEO Per Strömberg’s address to the Annual General Meeting
is available at www.icagruppen.se/arsstamma-2015.

For more information
ICA Gruppen press service. Telephone number: +46 10 422 52 52

ICA Gruppen AB discloses the information provided herein pursuant to the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 12.30 CET on Wednesday, 22 April
2015.
ICA Gruppen AB (publ) is a leading retail company with a focus on food and
health. The Group includes ICA Sweden and Rimi Baltic which mainly conduct
grocery retail, ICA Real Estate which owns and manages properties, ICA Bank
which offers financial services and, since January 2015, Apotek Hjärtat which
conducts pharmacy operations. The Group also includes the wholly owned portfolio
company inkClub and the partly owned portfolio company Hemtex. For more
information see icagruppen.se