The Nomination Committee proposes election of new Board Directors

In advance of CDON Group AB (publ) Annual General Meeting of shareholders that
will be held on May 13, 2014, the Nomination Committee - comprised of Cristina
Stenbeck appointed by Investment AB Kinnevik, Annika Andersson appointed by
Swedbank Robur fonder and Frank Larsson appointed by Handelsbanken Fonder AB -
proposes the re-election of Lars-Johan Jarnheimer, Mia Brunell Livfors,  Patrick
Andersen, Mengmeng Du, David Kelly and Lars Nilsson as non-executive Board
Directors. The committee also proposes the election of Lorenzo Grabau and Daniel
Mytnik as new non-executive Board Directors. Furthermore, the Nomination
Committee proposes the re-election of Lars-Johan Jarnheimer as Chairman of the
Board of Directors. Jonas Kjellberg has declined re-election.
The CDON Group Board of Directors shall therefore comprise eight non-executive
directors, compared with the current Board’s seven directors.

Lorenzo Grabau has served as Non-Executive Director of Investment AB Kinnevik
(publ), Millicom International Cellular S.A. and Zalando AG, and as Non
-Executive Director and Co-Chairman of CTC Media, since 2013. He has served as
Non-Executive Director of Modern Times Group MTG AB and SoftKinetic BV since
2011. Lorenzo was a Partner and Managing Director at Goldman Sachs International
in London until 2011. Lorenzo joined the Investment Banking division of Goldman
Sachs in 1994 and during his 17 years at the firm held various leadership
positions within the Consumer/Retail and Media/Online industry practices, and
the Financial Sponsors group. Lorenzo began his career in Investment Banking in
1990 when he joined Merrill Lynch, where he remained for five years working in
the Mergers & Acquisitions department in London and New York. Lorenzo graduated
from Università degli Studi di Roma, La Sapienza, Italy.

Daniel Mytnik was a Partner at Palamon Capital Partners in London until 2013.
During his 7 years at Palamon, Daniel sourced and led a number of investments in
fast-growing service-oriented businesses primarily in the Nordics and the United
Kingdom. Prior to joining Palamon Capital Partners, Daniel spent four years with
investment bank Altium Capital in London as Managing Director, and five years
with Morgan Stanley working in the Private Equity and Investment Banking
departments in London. Daniel has a BA (Hons) in Philosophy, Politics and
Economics and an M.Phil. in Economics from Oxford University.

Cristina Stenbeck, Chairman of the Nomination Committee, commented: “The
Nomination Committee is proud to have managed to attract Daniel Mytnik and
Lorenzo Grabau. Both proposed Directors will add knowledge and an international
view and network to the Board of Directors. Daniel Mytnik’s background from
within private equity investing in the digital e-Commerce and marketplace space
will further enhance the Board’s ability to spot trends and improve operational
performance through benchmarking, assessing, and driving best practices. Lorenzo
Grabau brings complementary financial and strategic expertise from relevant
e­Commerce, marketplace and digital peers of CDON Group. I would also like to
thank Jonas Kjellberg for his contribution to the CDON Group Board work, and
support of management and its execution of the Company’s strategy.”

The information in this announcement is that which CDON Group AB is required to
disclose under the Swedish Financial Instruments Trading Act and/or the
Securities Markets Act. This information was released for publication at 08:00
CET on 8 April 2014.
For further information please visit cdongroup.com or contact:
Cristina Stenbeck, Chairman of the Nomination Committee
Tel:  46 (0) 8 562 000 00

Fredrik Bengtsson, Head of Communications
Tel: 46 (0) 700 80 75 04
E-mail press@cdongroup.com, ir@cdongroup.com
About CDON Group
CDON Group is the leading e-commerce group in the Nordic region. Since the start
in 1999, the group has expanded and broadened its product portfolio and is now a
leading e‐commerce player within Entertainment (CDON.com and Lekmer.com),
Fashion (Nelly.com, NLYman.com and Members.com), Sport & Health
(Gymgrossisten.com, Bodystore.com and Milebreaker.com) and Home & Garden
(Tretti.com and Rum21.se). In 2013, the group generated 4.5 billion SEK in
revenue. CDON Group’s shares are listed on NASDAQ OMX Stockholm Mid-cap list
under short name “CDON”.