Press release from the Annual General Meeting of Bulten AB (publ) April 29, 2015

Bulten AB (publ) has held its Annual General Meeting on April 29, 2014. Below is
a summary of the decisions made at the meeting.
Adoption of the income statement and balance sheet, and discharge from liability
The AGM adopted the income statement and the balance sheet, and the consolidated
income statement and the consolidated balance sheet for 2014. The AGM granted
the Board of Directors and President discharge from liability for the 2014
financial year.

Resolution regarding allocation of the Company’s earnings
In accordance with the Board of Directors’ proposal, the AGM decided on a
dividend of SEK 3.00 per share, SEK 63,120,621 in total. The record day was
established as May 4, 2015 and the dividend is expected to be distributed by
Euroclear Sweden AB on May 7, 2015.

Election of Board Directors and the Chairman of the Board
the Board of Directors should comprise seven elected ordinary members without
deputies. The AGM decided re-election of the board of directors Ann-Sofie
Danielsson, Hans Gustavsson, Hans Peter Havdal and Johan Lundsgård and new
election of Ulf Liljedahl, Gustav Lindner and Peter Karlsten. Ulf Liljedahl was
elected as the Chairman of the Board.

Ulf Liljedahl holds a Master of Business Administration and is President and CEO
of Volito AB. He has previously held senior positions in the Husqvarna Group and
the Cardo Group and a number of positions in Finance at Alfa Laval.

Gustav Lindner holds a Master of Business Administration and is CEO of
Investment AB Öresund. He has previously held senior positions within Swedbank.
Gustav Lindner is also Board Member of Bilia AB.

Peter Karlsten holds a Master of Science and is senior adviser for AB Volvo. He
has previously held senior positions within AB Volvo and ABB. Peter Karlsten is
also Board member of Prevas AB and Deutz AG.

Re-appointment of auditors
The AGM decided to re-appoint PricewaterhouseCoopers AB as the Company’s auditor
to the end of the AGM 2016. PricewaterhouseCoopers AB has announced that the
authorized accountant Fredrik Göransson will remain lead auditor.

Establishment of fees to the Board of Directors and the auditor
The AGM decided to adopt the remuneration of the Board members in accordance
with the nomination committee’s proposal for a decision, which means that a
fixed fee of in total SEK 2,400,000 will be paid to the Board of Directors, of
which SEK 450,000 will be paid to the Chairman of the Board and SEK 300,000 will
be paid to each of the other Board members elected by the AGM who are not
employed within the Company or its subsidiaries. A fixed fee of SEK 75,000 be
paid to the to the chairman of the audit committee, and SEK 25,000 will be paid
to shall be paid to the other members of the Audit Committee, the payment being
subject to the condition that the Director is elected by the AGM and not
employed within the Company or its subsidiaries. No remuneration be paid to the
remuneration committee.

The AGM also decided that auditor’s fee be paid to an approved invoice.

Resolution regarding guidelines for remuneration for senior management
The AGM decided on the guidelines for remuneration to senior management, in
accordance with the Board of Directors’ proposed resolution. The basic principle
for remuneration for senior management is that salaries and other terms and
conditions of employment shall be adequate for the Group to constantly attract
and retain competent senior managers at a reasonable cost to the Company.
Remuneration for senior management shall comprise a fixed salary in line with
market conditions and based on the senior manager’s responsibilities, expertise
and performance. In addition to a fixed salary, from time to time, a variable
pay forms may occur to be paid in cash. Such remuneration may amount to a
maximum of 60 percent of the annual fixed salary of the CEO, and a maximum of 40
percent of the annual fixed salaries of the senior managers. Bonuses shall
primarily be based on the performance of the whole Bulten Group or the
performance of the division or unit that the person in question is responsible
for and relate to the fulfilment of various improvements or attainment of
certain financial targets. The variable remuneration shall not be pensionable or
vacationable income. Furthermore, the senior managers shall be entitled to the
customary non-monetary benefits, such as health and medical insurance, a company
car and occupational healthcare. Senior managers domiciled in Sweden may be
offered a defined contribution pension agreement based on premiums which amount
to a maximum of 35 percent of the fixed salary on an annual basis, (in addition
there are pension benefits to which senior managers are entitled in accordance
with ITP plans). Senior managers domiciled in Sweden the main rule for the
employee and the employer is a notice period of six months. Severance pay, in
addition to salary during the period of notice, shall be paid and, together with
the fixed salary during the period of notice, shall total a maximum of 18
months’ salary. To the extent that elected board members performing work that
goes beyond the Board's work, they may receive a fee for such work. Compensation
should be according to market conditions and must be approved by the Board. The
Board shall be entitled to deviate from the guidelines in an individual case are
special reasons for the deviation.

The adopted guidelines in whole are available at www.bulten.com.

Nomination committee, etc
The AGM further decided the principles for appointing the Nomination Committee
together with instructions for the Nomination Committee in accordance with the
presented proposal. The company shall have a Nomination Committee consisting of
four people. The three largest shareholders as of the last business day of
September shall be entitled to appoint one member of the committee and in
addition the Chairman of the Board shall be a member of the committee. No
compensation will be paid to the committee members.

The adopted guidelines in whole are available at www.bulten.com.

Resolution authorizing the Board to decide on new issues
The AGM decided, in accordance with the Board of Directors’ proposed resolution,
to authorize the Board to, during the period until the next Annual General
Meeting, on one or more occasions, to decide on a new issue of shares and/or
issue of subscription options and/or issue of convertibles with or without
deviation from the preferential rights of shareholders and the provision of
payment in kind, set-off or otherwise with conditions. The reason is to give the
Board flexibility in the work of financing or enabling an accelerated expansion
and development of the Group, its markets and products, such as the acquisition
of companies, operations or assets for which payment in full or part shall be
with newly issued shares and/or enable the Board to quickly raise capital for
such acquisition. The number of shares to be issued with such authorization or
which may arise through utilisation of options and conversion of convertibles
issued with the authorization shall be a maximum of 1,052,010 shares, which
represents a dilution of around 5% of current shares and votes and the same
dilution effect concerning the key indicators for the shares reported by the
company.

The adopted decision in its entirety is available on www.bulten.com.

Resolution authorizing the Board to decide on purchase and transfer of own
sharesThe AGM decided, in accordance with the Board of Directors’ proposed
resolution, to authorize the Board to,

(a) during the period up to the next Annual General Meeting, on one or more
occasions, to decide to acquire the company’s own shares on Nasdaq Stockholm
within the framework for a price per share that lies within the registered share
price range at that time. The total amount of acquired shares shall not exceed
after the acquisition 10% of the outstanding shares in the company at that time.
The amount that shall be paid for shares shall in total not exceed MSEK 150 and
shall be paid in cash.

(b) during the period up to the next Annual General Meeting, on one or more
occasions, decide on the sale of at most all of the company’s holding of its own
shares on Nasdaq Stockholm and/or in another way with or without deviation from
shareholders’ preferential rights and with or without conditions concerning
acquisition in kind, offsetting of receivables against the company or other
conditions. Transfer of shares on Nasdaq Stockholm shall only be made at a price
per share that is within the registered price range at the time and if transfer
is made otherwise at a price that corresponds to the price in money or value of
received property that corresponds to the share price at the time of transfer
for the shares transferred with deviation considered suitable. If utilisation of
the authorization concerning the acquisition or transfer of the company’s own
shares is combined with the utilisation of the authorization concerning the
issue of new shares, with the purpose of allowing the company’s own shares to
constitute in full or part a purchase amount for one and the same acquisition of
a company, operation or asset, the total number of shares transferred or issued
in connection with the individual acquisition shall at most correspond to one
tenth of the total current shares in the company, i.e. a maximum of 2,104,020
shares.

The decisions adopted in their entirety are available at www.bulten.com.

Göteborg 29 April 2015
Bulten AB (publ)

For further information, please contact:

Kamilla Oresvärd, SVP Corporate Communications
Tel: + 46 (0)31-734 59 17, e-mail: kamilla.oresvard@bulten.com

Bulten 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 19:30 CET on April 29, 2015.

Bulten AB (publ) is one of the leading suppliers of fasteners to the
international automotive industry. The company’s product range includes
everything from customer-specific standard products to specialist, customized
fasteners. The company also provides technical development, line-feeding,
logistics, material and production expertise. Bulten offers a Full Service
Provider concept or parts thereof. Bulten AB (publ):s share is listed on Nasdaq
Stockholm. Read more at www.bulten.com.