Resolutions made at Axfood AB's Annual General Meeting

Resolutions made at Axfood AB's Annual General Meeting

On 10 March 2010 the Annual General Meeting (AGM) of Axfood AB resolved that the
Company's board shall consist of seven directors. 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.

The AGM approved an ordinary dividend of SEK 10 per share. The record date is 15
March 2010. Dividends are expected to be sent out via Euroclear Sweden AB on 18
March 2010. 

Compensation of senior executives was set in accordance with the Board's
proposal. 

Guidelines for the appointment of the Nominating Committee will be established
on the basis of the Board of Directors' proposal supplemented by two
modifications. The shareholder who, based on ownership statistics from Euroclear
Sweden AB, has the most shares and votes shall, following consultation with the
three subsequently largest shareholders, appoint a Nominating Committee
consisting of five persons. If, after the Nominating Committee has been
constituted, a material change occurs in the ownership structure, the Nominating
Committee's composition shall also be changed.

The AGM approved the Board's recommendation that directors' fees shall be
unchanged compared with 2009.

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 
Camilla Weiner, Head of Corporate Communications, Axfood AB, +46-73-404 70 62

Axfood AB conducts food retail and wholesale business in Sweden. Retail business
is conducted through the wholly owned store chains Willys, Hemköp and PrisXtra,
comprising 225 stores in all. In addition, Axfood collaborates with a number of
proprietor-run stores that are tied to Axfood through agreements. These include
stores within the Hemköp and Willys chains as well as stores run under the
Handlar'n and Tempo profiles. In all, Axfood collaborates with approximately 840
proprietor-run stores. Wholesaling is conducted through Dagab and Axfood
Närlivs. Axfood is listed on Nasdaq OMX Stockholm AB's Large Cap list. Axel
Johnson AB is the principal owner, with approximately 46% of the shares.