NCC’s Annual General Meeting 2016

At today’s Annual General Meeting (AGM) of shareholders in NCC, the shareholders
passed resolutions concerning dividend payment, Board of Directors and director
fees, election of auditor, guidelines for remuneration of senior executives and
long-term performance-based incentive program. Resolutions the buyback and
transfer of treasury shares were also passed.
NCC’s AGM adopted the Board of Directors’ motion concerning the dividend for the
2015 fiscal year: spinoff of all of the shares in shares in HoldCo Residential 1
AB (publ), Corp. Reg. No. 556928-0380 (“Housing” whose name is being changed to
Bonava), and a cash dividend of SEK 3.00 per share with November 7, 2016 as the
record date. The Board of Directors was authorized to determine a record date
during 2016 for the spinoff of the shares in Housing.

An information brochure concerning the spinoff of the shares of Housing is
available on NCC’s website www.ncc.se/arsstamma2016.

The AGM adopted the income statements and balance sheets for 2015 and the Board
of Directors and the President were discharged from personal liability.

According to the Nomination Committee’s proposal, the Meeting reelected Tomas
Billing, Ulla Litzén, Christoph Vitzthum, Sven-Olof Johansson, Carina Edblad and
Viveca Ax:son Johnson as Members of the Board. Olof Johansson has declined
reelection. Tomas Billing was elected Chairman of the Board.

It was resolved that director fees totaling SEK 3,600,000 be paid to the Members
of the Board, distributed so that the Chairman of the Board will receive SEK
1,100,000 and that each other AGM-elected member will receive SEK 500,000.

The registered auditing firm EY (Ernst & Young AB) was elected auditor of the
company, with Mikael Ikonen as auditor-in-charge. The auditing firm was elected
until the close of the 2017 AGM.

Viveca Ax:son Johnson (Chairman) and Johan Strandberg, equity researcher, SEB
Funds, were reelected and Anders Oscarsson, equity manager at AMF/AMF Funds, was
newly elected members of the Nomination Committee.

The AGM resolved to introduce a long-term performance-based incentive plan (LTI
2016) for senior executives and key personnel.

The AGM also resolved that the guidelines for determining salaries and other
remuneration payable to Group Management that were adopted at the 2015 AGM would
continue to be applied subject to the following adjustment, due to the adoption
of LTI 2016. The maximum short-term variable remuneration payable to the CEO and
other members of Group Management will be reduced by 10 percentage points to 50
percent of fixed salary for the CEO and to 30-40 percent of fixed salary for
other members of Group Management.

To cover the commitment according to LTI 2016, the AGM authorized the Board,
until the next Meeting, to buy back a maximum of 867,486 Series B shares and to
transfer a maximum of 300,000 Series B shares to participants of LTI 2016. The
buy-backs must occur on Nasdaq Stockholm at a price per share within the
registered span of share prices at the particular time. It is also to be
possible to transfer a maximum of 500,000 Series B shares via Nasdaq Stockholm
to cover costs, mainly for compensation for dividends, social security fees and
payments on the basis of the synthetic shares, pursuant to outstanding long-term
performance-based incentive programs (LTI 2013, LTI 2014 and LTI 2015) and LTI
2016.

At a statutory Board meeting held in connection with the AGM, the Board
confirmed its mandate to buy back and transfer shares, as adopted by the AGM on
April 12, 2016.
For further information, please contact:

Ann Lindell Saeby, EVP & Head of Corporate Relations, NCC AB, +46 8 585 522
04, +46 76 899 98 48

Anna Trane, Head of Corporate Media Relations, NCC AB, +4670 884 74 69

Johan Bergman, Head of Investor Relations, NCC AB, +46 8 585 523 53, +46 70 354
80 35

NCC’s press telephone: +46 8-585 519 00, E-mail: press@ncc.se
This is the type of information that NCC could be obligated to disclose pursuant
to the Securities Market Act. The information was issued for publication on
April 12, 2016, at 7 p.m. CET.

All of NCC’s press releases are available on www.ncc.se/press.

NCC is one of the leading construction and property development companies in the
Nordic region. In 2015, NCC reported sales of SEK 62 billion and had 18,000
employees.