Pandox AB (publ) Nominating Committee for AGM 2016

Pandox Annual General Meeting in May 2015 adopted principles for how members of
the Nominating Committee shall be appointed for the Annual General Meeting 2016.
For the Annual General Meeting for the financial year 2016 the Nominating
Committee shall consist of representatives of the four, per 30 September 2015 by
votes, largest shareholders according to the shareholders’ register held by
Euroclear Sweden, and the Chairman of the Board. The Chairman of the Board shall
also summon the first meeting of the Nominating Committee. The member who
represents the largest shareholder by votes shall be appointed Chairman of the
Nominating Committee. The composition of the Nominating Committee shall be
publicly announced no later than six months before the next Annual General
Meeting. No remuneration shall be payable.

The Nominating Committee has been formed in accordance with the principles
adopted by the Annual General Meeting and has the following composition:

- Anders Ryssdal, SU-ES AB (Chairman of the Nominating Committee)

- Christian Ringnes, Chairman of the Board at Pandox

- Lars-Åke Bokenberger, AMF – Försäkring och Fonder

- Marianne Flink, Swedbank Robur fonder

- Johannes Wingborg, Länsförsäkringar Fondförvaltning AB

Shareholders who would like to submit proposals to the Nominating Committee can
do so by e-mail to valberedning@pandox.se or by letter to Pandox AB,
Valberedning, P O Box 15, SE-101 20 Stockholm.

The proposals of the Nominating Committee will be published in the notice of the
Annual General Meeting for 2016 and on Pandox’s website. The Annual General
Meeting will be held in Stockholm 3 May, 2016.

FOR MORE INFORMATION, PLEASE CONTACT:

Christian Ringnes, Chairman of the Board, +47 22 33 05 50

Pandox AB (publ) is required to publish this information under the Swedish
Securities Market Act and/or Financial Instruments Trading Act. The information
was submitted for publication on 8 October 2015 at 08:00 CEST.

About Pandox
Pandox is a leading owner of hotel properties in Northern Europe with a focus on
sizeable hotels in key leisure and corporate destinations. Pandox’s hotel
property portfolio comprises 104 hotels with approximately 22,000 hotel rooms
across eight countries. Pandox’s business is organised into Property management,
which comprises hotel properties leased on a long-term basis to market leading
regional hotel operators and leading international hotel operators, and Operator
activities, which comprises hotel operations executed by Pandox in its owner
-occupied hotel properties. Pandox was founded in 1995 and the company’s B
shares are, as of 18 June 2015, listed on Nasdaq Stockholm. www.pandox.se