New Member of the East Capital Explorer’s Nomination Committee


Following the announcement on 8 June regarding the expected changes in the
Nomination Committee, Mathias Svensson of Keel Capital, a Swedish asset
management firm and a significant shareholder in East Capital Explorer, will
join the Nomination Committee of the company. The committee will now, with its
broader representation among shareholders, continue its work to find a suitable
fifth board member, and call an extraordinary general and recommend the election
of such candidate.

East Capital Explorer’s Nomination Committee comprises, in addition to Mathias
Svensson, of Magnus Lekander representing East Capital; David Bliss representing
Lazard Asset Management; Mats Heiman on behalf of a group of shareholders
represented by Navos Capital; and Lars O Grönstedt, Chairman of East Capital
Explorer. Kestutis Sasnauskas left the nomination committee in connection with
the annual general meeting held on 9 June.

Contact information

Magnus Lekander, Chairman of the Nomination Committee, +46 8 - 505 88 544

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 a.m. CET on 23 June 2016.

Attachments

06235435.pdf