Resolutions made at Axfood AB's Annual General Meeting on 14 March 2012

Resolutions made at Axfood AB's Annual General Meeting on 14 March 2012

The Annual General Meeting (AGM) adopted the parent company and consolidated
balance sheets and income statements for the 2011 financial year, and approved a
dividend of SEK 12 per share. The record date for the dividend is 19 March 2012.
Dividends are expected to be sent out on 22 March 2012.

The AGM discharged the board members and President from liability for the 2011
financial year.

The Nominating Committee's recommendation that directors' fees remain unchanged,
in a combined amount of SEK 2,400,000, was approved by the AGM.

The AGM also resolved that the Company's board shall consist of seven directors
elected by a general meeting of shareholders. The AGM resolved to re-elect
Antonia Ax:son Johnson, Peggy Bruzelius, Maria Curman, Fredrik Persson, Odd
Reitan, Marcus Storch and Annika Åhnberg. Fredrik Persson was elected as
Chairman of the Board.

New Articles of Association were adopted by the AGM. The auditor's mandate
period shall be two years instead of one year. The AGM re-elected the chartered
accounting firm KPMG AB as the Company's auditor for a term through the end of
the 2014 AGM, with Authorized Public Accountant Thomas Thiel as chief auditor.

Guidelines for the Nominating Committee's composition were adopted in accordance
with the Nominating Committee's recommendation.

Guidelines for compensation of senior executives were adopted in accordance with
the Board's recommendation.

Finally, the AGM resolved that employees of the Axfood Group shall be given the
opportunity to purchase shares in store companies in Hemköpskedjan. The
employees who shall have the right to purchase shares are store managers
(presidents) of store companies that are run/or established within
Hemköpskedjan. The resolution covers a maximum of ten Hemköp stores and applies
for the period until the next Annual General Meeting of Axfood.

The Board constituted itself after the AGM and elected Marcus Storch as Vice
Chairman.

For further information, please contact:
Fredrik Persson, Chairman of the Board, Axfood AB, tel. +46-8-701 61 00
Anders Strålman, President and CEO, Axfood AB, tel. +46-70-293 16 93