Report from AGM of VBG GROUP AB May 12 2009

Dividend
The AGM set the dividend at SEK 1.00 per share. The record date for payment was set to May 15, 2009. Dividend payments are expected to be distributed by Euroclear Sweden starting 20 May 2009.

Fees
The AGM resolved to adopt the same fees that were adopted by the 2008 AGM for the Board of Directors of total SEK 565,000 , of which SEK 130,000 to the Chairman, SEK 110,000 to the Deputy Chairman and SEK 95,000 each to the other Board members, SEK 20,000 each to the Audit Committee and the Nominating Committee, plus SEK 5,000 per attended meeting. Fees to auditors will be paid as billed, upon approval, for work performed.

Election of Board of Directors
Peter Hansson, Anders Birgersson, Johnny Alvarsson, Staffan Ekelund and Helene Richmond were re-elected as directors. Hans-Göran Persson was elected for the first time. Peter Augustsson has declined re-election. Peter Hansson was re-elected Chairman and Johnny Alvarsson was re-elected as Deputy Chairman.

Resolution concerning guidelines for remuneration and other terms of employment for senior officers
The AGM resolved to adopt the same guidelines for remuneration to senior officers that were adopted by the 2008 AGM . The guidelines pertain to remuneration and other terms of employment for the VBG GROUP’s Group Man-agement and other senior officers. In addition to a fixed annual salary, variable remuneration which is limited and based on the Group´s financial performance compared with established goals shall also be paid.

Resolution on authorisation
The AGM resolved to authorize the Board to resolve on one or more occasions up until the 2010 Annual General Meeting that repurchased shares can be transferred, notwithstanding the shareholders’ pre-emption rights, and that non-cash payment can be made for such transferred shares. This authorisation enables the Board of Directors to use the Company’s own shares as payment for acquired companies.

Nominating Committee
The AGM resolved in accordance to the proposal from shareholders representing more than 65 per cent of the num-ber of votes for all shares in the company, that Reidar Öster, Staffan Ekelund and Åke Persson comprise the Nomi-nating Committee. At the same time, the Nominating Committee appointed by the AGM is given a mandate, based on the shareholder situation on 31 August 2009 and in consultation with major shareholders, to appoint an additional member itself.

Vänersborg, May 12, 2009
Board of Directors of VBG GROUP AB (publ)

For further information, please contact:
Peter Hansson, Chairman of the Board, tel +46 708 66 86 10