Establishment of Nomination Committee in I.A.R. Systems Group AB

Stockholm, Sweden—September 30, 2020— In accordance with the Annual General Meeting April 29, 2020, the Nomination Committee is composed to include Jonas Eixmann appointed by Andra AP-fonden, Ossian Ekdahl appointed by Första AP-fonden and Evert Carlsson appointed by Swedbank Robur Fonder. Jonas Eixmann was appointed Chairman.

The task of the nominating committee is to propose the Chairman at the annual general meeting 2021, Chairman and other members of the board as well as suggesting remuneration and other compensation for each of the board members. The Nominating Committee shall also propose auditors and remuneration of the auditors as well as a process for appointing the nomination committee for the annual meeting 2021.

Shareholders who would like to present proposals to the Nomination Committee are welcome to submit these via [email protected]

The information was submitted for publication at 10:00 a.m. on September 30 ,