Proposed appropriation of profits

The Board of Directors proposes that the profits at the disposal of the Annual General Meeting:

profits carried forward 23,180,435,990
and result for the year 882,320,120
SEK 24,062,756,110
be appropriated as follows:
a dividend of 3.50 SEK per share to the shareholders 4,390,350,731
profits carried forward 19,672,405,379
SEK 24,062,756,110

The proposed record date for dividends is Wednesday, 2 May 2018.

The income statements and the balance sheets of the Group and of the Parent Company are subject to the adoption by the Annual General Meeting on 27 April 2018.

The Board of Directors and the President hereby certify that the Annual Report has been prepared in accordance with generally accepted accounting principles in Sweden, and that the consolidated financial statements have been prepared in accordance with the international financial reporting standards referred to in the regulation (EU) no. 1606/2002 of the European Parliament and Council dated 19 July 2002, pertaining to the application of international financial reporting standards. The Annual Report and the consolidated financial statements give a true and fair view of the Parent Company’s and the Group’s financial position and results. The Report of the Directors pertaining to the Parent Company and the Group gives a fair overview of the development of the Parent Company’s and the Group’s operations, financial position and results, and describes the significant risks and uncertainties facing the Parent Company and the companies included in the Group.

Stockholm, 1 March 2018

Johan Molin
Chairman
Jennifer Allerton
Board member
Claes Boustedt
Board member
Marika Fredriksson
Board member
Johan Karlström
Board member
Tomas Kärnström
Board member
Thomas Lilja
Board member
Helena Stjernholm
Board member
Lars Westerberg
Board member
Björn Rosengren
Board member
President and CEO

Our auditor's report was submitted on 6 March 2018

KPMG AB

Joakim Thilstedt
Authorized Public Accountant