Sandvik AB - Nomination Committee for Annual General Meeting on 2 May 2012

Sandvik AB - Nomination Committee for Annual General Meeting on 2 May
2012

At Sandvik AB's Annual General Meeting on 3 May 2011, it was resolved
that the company shall have a Nomination Committee comprising one
representative for each of the four principal shareholders, together
with the Chairman of the Board (convenor). In addition, the Nomination
Committee has the possibility to call in one co-opted member to the
Nomination Committee from the Board members if required. At the time of
the formation of the Nomination Committee, the ownership conditions
shall determine which shareholders are the principal shareholders based
on the information received from Euroclear Sweden AB on the last banking
day in August 2011.
The composition of the Nomination Committee shall be announced publicly
as soon as it is appointed. The Chairman of the Nomination Committee
shall be the member representing the largest shareholder. The term of
the Nomination Committee extends until the next Nomination Committee is
appointed.

The Nomination Committee shall prepare proposals regarding the Chairman
of the Meeting, the number of Board members, fees to be paid to the
Board members, the election of Board members and Board Chairman and how
the Nomination Committee shall be elected for the 2013 Annual General
Meeting and the duties of the Nomination Committee.

The Nomination Committee has now been appointed and comprises the
following members:
Carl-Olof By, AB Industrivärden, Chairman of the Nomination Committee
Håkan Sandberg, Handelsbanken's Pension Foundation and Pension Fund
Staffan Grefbäck, Alecta
Marianne Nilsson, Swedbank Robur Funds
Anders Nyrén, Sandvik's Board Chairman

Shareholders wishing to present proposals to the Nomination Committee
for the 2012 Annual General Meeting can submit them to the Nomination
Committee's secretary Bo Severin (Sandvik's General Counsel) by
post:Sandvik AB, Attn: Bo Severin, SE-811 81 Sandviken, Sweden, or by
e-mail: bo.severin@sandvik.com (bo.severin@sandvik.com).

Sandviken, 12 September 2011

Sandvik Aktiebolag