Amending the Articles of Association

Proposed resolution on amending
the Articles of Association
(item 15 on the agenda)
 (a) In order to enable Nolato to benefit from the more cost-effective rules for convening annual meetings – which are expected to have come into force before the 2010 Annual Meeting is convened – as soon as possible, the Board of Directors proposes that the first paragraph of § 10 of the Articles of Association be amended in accordance with the following:
 Notice of the Annual Meeting shall be given in the Swedish Official Gazette (Post- och Inrikes Tidningar) and on the Company’s website. The fact that notice has been given shall be advertised in Dagens Industri.
 The Board of Directors proposes that the decision of the Annual Meeting on amending the Articles of Association in accordance with the above should be conditional on a change in the manner of convening annual meetings detailed in the Swedish Companies Act having entered into force, meaning that the proposed wording for the first paragraph of § 10 above complies with the Swedish Companies Act.
 b) The Board of Directors also proposes that the first and second sentences of the first paragraph of § 10 of the Articles of Association (timings in relation to convening meetings) be removed, since they express what is already prescribed by law.
 In order for any resolution in accordance with the above to be valid, it must receive the support of shareholders holding at least two thirds of both the issued votes and the shares represented at the meeting.