Announcement from the Annual General Meeting of East Capital Explorer AB (publ) on 9 June 2016

The Meeting adopted the income statements and balance sheets included in the
Board of Directors’ Annual Report for the parent company and the East Capital
Explorer Group for the fiscal year 2015.

The Meeting resolved to allocate this year’s result in accordance with the Board
of Directors’ proposal, meaning a dividend to the shareholders corresponding to
0.80 SEK per share and that the remaining profits are carried forward. The
record day for the right to receive dividend is 13 June 2016. The dividend is
expected to be paid out via Euroclear Sweden AB on Thursday 16 June 2016.

The Meeting granted the members of the Board of Directors and the CEO discharge
from liability for the period covered by the Audit Report.

The Meeting resolved that the number of Directors to serve until the close of
the next Annual General Meeting shall be four (4).

The Meeting resolved that remuneration to the chairman of the Board is set to
SEK 1 200 0000 and that remuneration to other Directors of the Board is set to
SEK 400 000 for each Director. The Meeting resolved, in accordance with the
proposal of the Nomination Committee, that the remuneration to a Director may,
subject to a specific agreement with the company, be invoiced through a company
or entity. In order for the company to enjoy cost neutrality, the invoiced
remuneration shall be adjusted for social security charges and value added tax.
Furthermore, it was resolved that fees to the auditor be paid according to
approved invoices under a given offer.

Peter Elam Håkansson, Lars O Grönstedt and Liselotte Hjorth were re-elected as
Directors of the Board and Nadya Wells was elected as new Director. Lars O
Grönstedt was re-elected as Chairman of the Board.

The Meeting approved the proposal regarding criteria for appointment of the
Nomination Committee.

The Meeting approved the Board of Directors’ proposal regarding guidelines for
remuneration to senior management.

The Meeting approved the Board of Directors’ proposal to reduce the share
capital by way of retirement of own shares and to increase the share capital by
way of a bonus issue. Further, the Meeting resolved upon an additional reduction
of the share capital by way of cancellation of such own shares that are held by
the Company at the date of the notification of the resolution to the Swedish
Companies Registration Office.

The Meeting authorized the Board of Directors to decide on repurchase of own
shares in accordance with the proposed resolution.

Contact information:

Lars O Grönstedt, Chairman of the Board, East Capital Explorer +46 8 505
97 700

Mia Jurke, CEO, East Capital Explorer, +46 8 505 885 52

About East Capital Explorer

East Capital Explorer AB (publ) is a Swedish investment company, offering unique
investment opportunities in Eastern Europe, where the Baltic countries represent
the company’s largest investment region. The company primarily invests in
unlisted assets within the private equity and real estate segments. East Capital
Explorer’s main investment theme is domestic growth and the company targets fast
growing sectors such as Retail and Consumer goods, Financials and Real Estate.
East Capital Explorer is listed on Nasdaq Stockholm, Mid Cap.

Listing: Nasdaq Stockholm, Mid Cap - Ticker: ECEX - ISIN: SE0002158568 -
Reuters: ECEX.ST - Bloomberg: ECEX SS Equity

This information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act and demands made in the exchange rules. It was
released for publication at 08:00 CET on 10 June 2016