KappAhl proposes election of Gustaf Öhrn and Kicki Olivensjö to the Board of Directors

The Nomination Committee in KappAhl AB (publ) is proposing a re-election of the Board members Anders Bülow, Christian W. Jansson, Pia Rudengren and Susanne Holmberg at the Annual General Meeting in KappAhl on 2 December, 2015. Amelia Adamo has declined re-election. Moreover, it is proposed that Gustaf Öhrn and Kicki Olivensjö are elected as new Board members. The Nomination Committee also proposes that Anders Bülow is re-elected as Chairman of the Board.

Gustaf Öhrn is group CEO of Stadium AB (until October, 2015). Gustaf Öhrn has previously been CEO of Fotoquick AB, Amago Capital AB, J. Lindeberg AB and Speed Ventures AB. In addition, he has been head of the youth division and the women’s wear division at Hennes & Mauritz AB. Gustaf Öhrn is a board member of Acne Studios Holding AB and a graduate economist.

Kicki Olivensjö will assume the position of head of product range and purchasing at Venue Retail Group on 1 October and has previously been business area manager and head of design and purchasing at Åhléns. Prior to this she has worked as head of design and purchasing at Lindex and head of design and production at Peak Performance. In addition, Kicki Olivensjö has worked at Hennes & Mauritz AB on various positions in Sweden and Hong Kong.

The Nomination Committee’s complete proposals for resolutions by the Annual General Meeting 2015 will be presented in the beginning of November 2015 in connection with the notice to attend the Annual General Meeting.

The members of the Nomination Committee at the Annual General Meeting on 2 December 2015 are Rune Andersson (appointed by Mellby Gård AB), Marianne Nilsson (appointed by Swedbank Robur Fonder AB), Elisabet Jamal Bergström (appointed by Handelsbanken Fonder AB) and Göran Espelund (appointed by Lannebo Fonder AB). The Chairman of the Board, Anders Bülow, has been co-opted to the Nomination Committee.

About KappAhl

KappAhl was founded in 1953 and is a leading fashion chain in the Nordic region with nearly 400 stores in Sweden, Norway, Finland and Poland together with Shop Online. KappAhl offers good-value fashion of its own design to a wide range of consumers – women, men and children – with a particular focus on women in the mid-life age range. 24% of the range is sustainability labelled. In 2013/2014, the turnover was SEK 4.7 billion and the number of employees approx. 4,000. KappAhl is quoted on NASDAQ Stockholm.

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