Pandox Aktiebolag (publ) nomination committee for the AGM 2017

In accordance with the decision at Pandox’s annual general meeting in 2016,
Pandox’s nomination committee shall consist of representatives of the four, per
31 July 2016 by votes, largest shareholders according to the shareholders’
register held by Euroclear Sweden, and the chairman of the board. The chairman
of the board shall also summon the first meeting of the nomination committee. If
a shareholder, who is entitled to appoint at representative to the nomination
committee, abstains from appointing a representative, the right to appoint a
representative shall pass to the largest shareholder who was previously not
entitled to appoint a representative to the nomination committee. In line with
the above, Helene Sundt AB and Christian Sundt AB will be represented by a joint
representative in the nomination committee. The member who represents the
largest shareholder by votes shall be appointed chairman of the nomination
committee. The composition of the nomination committee shall be publicly
announced no later than six months before the next annual general meeting. No
remuneration shall be payable.

The nomination committee has been formed in accordance with the principles
adopted by the annual general meeting and has the following composition:

- Anders Ryssdal, Eiendomsspar Sverige AB (Chairman of the nomination committee)

- Jakob Iqbal, Helene Sundt AB och Christian Sundt AB jointly

- Christian Ringnes, Chairman of the board of Pandox AB

- Lars-Åke Bokenberger, AMF

- Marianne Flink, Swedbank Robur Fonder

Shareholders who would like to submit proposals to the nomination committee can
do so by e-mail to valberedning@pandox.se or by letter to Pandox AB,
Valberedning, P O Box 15, SE-101 20 Stockholm.

The proposals of the nomination committee will be published in the notice of the
annual general meeting for 2017 and on Pandox’s website. The annual general
meeting will be held in Stockholm
29 March, 2017.

FOR MORE INFORMATION, PLEASE CONTACT:

Christian Ringnes, Chairman of the board, +47 22 33 05 50

This information is information that Pandox AB (publ) is obliged to make public
pursuant to the Securities Market Act. The information was submitted for
publication 6 September 2016, 08:00 CEST.

About Pandox
Pandox is a leading owner of hotel properties in Northern Europe with a focus on
sizeable hotels in key leisure and corporate destinations. Pandox’s hotel
property portfolio comprises 112 hotels with more than 24,000 hotel rooms in
eight countries. Pandox’s business is organised into Property Management, which
comprises hotel properties leased on a long-term basis to market leading
regional hotel operators and leading international hotel operators, and Operator
Activities, which comprises hotel operations executed by Pandox in its owner
-occupied hotel properties. Pandox was founded in 1995 and the company’s B
shares are, as of 18 June 2015, listed on Nasdaq Stockholm. www.pandox.se