Etrion Announces Results of Annual General Meeting


June 10, 2016, Geneva, Switzerland – Etrion Corporation (“Etrion” or the
“Company”) (TSX: ETX/OMX: ETX), a solar independent power producer, held its
2016 Annual and Special General Meeting of Shareholders in Toronto yesterday,
and the nominees listed in the management information circular were elected as
directors of the Company. Detailed results of the vote for the election of
directors are set out below:

+---------------------+------------+-------+--------------+----------+
|Nominee              |Votes For   |% For  |Votes Withheld|% Withheld|
+---------------------+------------+-------+--------------+----------+
|Ian H. Lundin        |152,913,999 |99.98% |33,679        |0.02%     |
+---------------------+------------+-------+--------------+----------+
|Marco A. Northland   |152,799,245 |99.90% |148,433       |0.10%     |
+---------------------+------------+-------+--------------+----------+
|C. Ashley Heppenstall|152,842,898 |99.93% |104,780       |0.07%     |
+---------------------+------------+-------+--------------+----------+
|Aksel Azrac          |152,789,299 |99.90% |158,379       |0.10%     |
+---------------------+------------+-------+--------------+----------+
|Garrett Soden        |152,791,337 |99.90% |156,341       |0.10%     |
+---------------------+------------+-------+--------------+----------+

Shareholders of the Company also approved by way of ballot a special resolution
to amend the articles of the Company to allow the Company to hold meetings of
shareholders within any country in Europe in addition to Canada, the United
States and the United Kingdom. Additionally, shareholders of the Company voted
by show of hands to appoint Ernst & Young LLP, as the auditors of the Company.

About Etrion

Etrion Corporation is an independent power producer that develops, builds, owns
and operates utility-scale solar power generation plants. The Company owns 139
MW of installed solar capacity in Italy, Chile and Japan. Etrion has a 25 MW
solar project under construction in Japan and is also actively developing
greenfield solar power projects in Japan and Chile. The Company is listed on the
Toronto Stock Exchange in Canada and the NASDAQ OMX Stockholm exchange in Sweden
under ticker symbol “ETX”. Etrion’s largest shareholder is the Lundin family,
which owns approximately 24% of the Company’s shares directly and through
various trusts.

For additional information, please visit the Company’s website at www.etrion.com
or contact:

Paul Rapisarda – Chief Financial Officer

Telephone: +1 (786) 636-6449



Note: The capacity of power plants in this release is described in approximate
megawatts on a direct current basis, also referred to as megawatt-peak.

Etrion discloses the information provided herein pursuant to the Swedish
Securities Market Act. The information was submitted for publication at 12:45
p.m. Central European Summer Time (CEST) on June 10, 2016.

Attachments

06107471.pdf