Nomination Committee

The Nomination Committee shall consist of the Chairman of the Board of Directors and three members, each of whom shall represent one of the three largest shareholders in terms of voting rights. During the third quarter of each fiscal year, the Chairman of the Board shall contact the three largest shareholders in Hemtex in terms of voting rights and request the name of their representative on the Nomination Committee.

The names of the Committee members and the shareholders they represent shall be published not later than six months prior to the next AGM. The Nomination Committee shall present proposals for the Chairman of the AGM, the number of members and deputy members of the Board of Directors, Board members, the Chairman of the Board of Directors, auditors (when applicable), fees to the Chairman and other Board members, auditors’ fees and principles for the Nomination Committee.

The Nomination Committee comprises the Chairman of the Board of Directors, Per Wiberg, Fredrik Hägglund, Hakon Invest AB, Peter Sigfrid, AB Industrivärden and Nils Kloumann Selte, Bomax AS.

In total, the Nomination Committee thereby represents approximately 86 percent of the shares in the company.

The Annual General Meeting will be held in Borås on April 12, 2011.

Shareholders who wish to submit proposals to the Nomination Committee should do so by e-mail to valberedningen@hemtex.se or by letter to Hemtex AB, Valberedningen, Box 495, SE-503 13 Borås, not later than March 1, 2011.