Nomination Committee’s proposal for Board of Directors in Clas Ohlson

Before the Clas Ohlson AB Annual General Meeting on Saturday 12 September 2015,
the Clas Ohlson Nomination Committee today announces its proposal for the Board
of Directors’ composition. The Board of Directors shall consist of eight
members.

The Nomination Committee proposes re-election of the Board members Klas Balkow,
Kenneth Bengtsson, Sanna Suvanto-Harsaae, Cecilia Marlow, Katarina Sjögren
Petrini and Göran Sundström. The Nomination Committee proposes that Göran
Näsholm and Mathias Haid be elected as new Board members. The Nomination
Committee proposes that Kenneth Bengtsson be re-elected Chairman of the Board of
Directors.

Björn Haid has explained that, after 25 years as a Member of the Board, he will
not be standing for re-election. Edgar Rosenberger has announced that after six
years as a Member of the Board, he will not be standing for re-election.

Göran Näsholm, born 1955, is the CEO of Ahlsell AB since 1999. Göran Näsholm has
previously been the vice President of Ahlsell AB, been division manager within
Ahlsell AB, been the managing director of Jirva AB, purchasing director of Calor
Celsius AB and had a number of purchasing positions within the Alfa Laval Group.

Mathias Haid, born 1970, is captain with Lufthansa and has had a number of
leading positions within Lufthansa 1998-2015. Mathias Haid was a Member of the
Board of Clas Ohlson AS and Clas Ohlson Oy 2002-2005.

The Nomination Committee consists of:

  ·
Kenneth Bengtsson, Chairman of the Board of Clas Ohlson AB

  ·
Jonas Bergh (chairman of the Nomination Committee), representative of the Haid
family

  ·
Göran Sundström, representative of the Tidstrand family

  ·
Erik Durhan, Nordea Investment Funds

Ricard Wennerklint, If Skadeförsäkring AB, resigned from the Nomination
Committee on 2 July 2015, and will not be replaced due to the short time
remaining until the AGM.

The Nomination Committee’s work complies with the requirements as set forth in
the Swedish Corporate Governance Code.

For more information of respective Board member, please see
http://om.clasohlson.com
For further information, please contact:

Jonas Bergh, Chairman of the Nomination Committee, phone +46 722-33 04 01
Clas Ohlson was founded in 1918 as a mail order business based in Insjön,
Dalarna, Sweden. Today, the company is trading in five countries offering
outstanding service via its approx. 200 stores, web shop, catalogue and
telephone sales channels. Clas Ohlson helps its customers solve every day
practical problems with a wide range of affordable products in five product
areas: Hardware, Electrical, Home, Multimedia and Leisure. The company is listed
on the Nasdaq OMX Nordic Exchange, has sales of over 7 billion SEK and over
4,700 employees. Visit Clas Ohlson at www.clasohlson.com.