Press release from 2016 Annual General Meeting

MQ Holding AB held its Annual General Meeting on 28th January 2016 in
Gothenburg, Sweden. At the AGM, the income statements and balance sheets of the
Parent Company and the Group for the 2014/2015 financial year were approved. The
AGM also approved the Board’s proposal for the distribution of profits through a
dividend of SEK 1.75 per share. The record date was set as Monday, 1st February
2016 and payment is expected to be made through Euroclear Sweden AB on Thursday,
4th February 2016. The Board and CEO were discharged from liability for the
2014/2015 financial year.

The AGM resolved that, until the next Annual General Meeting, the Board will
comprise seven members. Claes-Göran Sylvén, Arthur Engel, Annika Rost, Mernosh
Saatchi, Michael Olsson, Bengt Jaller and Anna Engebretsen were elected as Board
members. Claes-Göran Sylvén was re-elected Chairman of the Board and Bengt
Jaller was re-elected Deputy Chairman.

The AGM also approved an annual Board fee totalling SEK 1,600,000, of which SEK
400,000 for the Chairman and SEK 200,000 for each of the other Board members.
Remuneration for committee work was approved at SEK 15,000 per meeting day. The
decision means that the total Board remuneration is unchanged from the amount
approved by the preceding AGM.

Moreover, a resolution was passed on principles for remuneration of senior
executives, as well as a resolution on the establishment of a new Nomination
Committee prior to the 2017 Annual General Meeting.

For further information, please contact:
Jennie Ahlgren, Chief Business Control/IR, telephone +46 (0)761-25 71 20
Tony Siberg, Deputy CEO and CFO, telephone +46 (0)736-84 41 60

MQ is one of Sweden's leading branded fashion wear chains. Through a mixture of
proprietary and external brands, MQ offers men and women high fashion clothing
in attractive stores. The store chain currently has 121 stores and the objective
is to establish MQ as the leading brand chain in the Nordic region. The MQ share
is listed on NASDAQ OMX Stockholm since June 18th, 2010. For more information,
see www.mq.se (http://www.mqmq.se/)