Report from Atlas Copco’s Annual General Meeting 2016

Stockholm, Sweden, April 27, 2016: Atlas Copco AB on Tuesday April 26 held its
Annual General Meeting, chaired by Hans Stråberg, Chair of the Board of
Directors.
The income statements and the balance sheets of the parent company and the Group
were approved, together with the Board’s proposal for profit distribution. The
Board of Directors and the President & CEO were discharged from liability for
the financial year 2015.

The proposed dividend of SEK 6.30 per share to be paid in two equal instalments
of SEK 3.15 was approved. The record date for the first instalment is April 28,
2016 and for the second instalment it is October 31, 2016. The first instalment
is expected to be distributed by Euroclear Sweden AB on May 3, 2016 and the
second instalment on November 3, 2016.

Nine board members were elected. The following Board members were re-elected:
Staffan Bohman, Johan Forssell, Ronnie Leten, Hans Stråberg, Anders Ullberg,
Peter Wallenberg Jr and Margareth Övrum. Gunilla Berg and Sabine Neuss were
newly elected. Hans Stråberg was re-elected as Chair of the Board.

The Board of Directors’ fee was approved as follows:

A fee of SEK 1,975,000 to the Chair and SEK 625,000 to each of the other Board
members not employed by the Company. A fee to the members of the Audit Committee
consisting of SEK 225,000 to the Chair and SEK 150,000 to the other members of
this committee. To the Chair of the Remuneration Committee a fee of SEK 100,000
and fees of SEK 75,000 each to the other members of this committee. Unchanged
fees of SEK 60,000 to each Board member who, in addition to the above,
participates in a committee in accordance with a decision of the Board of
Directors.

The Annual General Meeting approved the proposal allowing Board members to
receive half of the board fee in the form of synthetic shares and the remaining
part in cash. The Annual General Meeting also approved that the obligation of
the Company to pay an amount corresponding to the synthetic shares shall be
hedged through the purchase of own series A shares.

The Annual General Meeting re-elected Deloitte AB as the Company’s auditing
company.

The Annual General Meeting approved the proposal of the Board of Directors
regarding guiding principles for remuneration to senior executives (CEO and
other members of Group management) and a performance based personnel option plan
for 2016.

The Annual General Meeting authorized the Board to decide on the purchase and
transfer of own series A shares, in order to fulfill obligations related to the
performance stock option plan for 2016, and to the part of the board fee that
consists of synthetic shares. The Board was authorized to sell shares in order
to fulfill obligations related to the performance stock option plans for 2011,
2012 and 2013, and to cover costs related to synthetic shares to the Board of
Directors.

The Annual General Meeting decided that the Nomination Committee shall consist
of the chairman of the Board and a representative from each of the four largest
shareholders in terms of voting rights as per the last day of August each year.

A statutory Board meeting was held after the Annual General Meeting. Staffan
Bohman, Chair, Gunilla Berg, Johan Forsell and Hans Stråberg were elected to
serve on the Audit Committee. Hans Stråberg, Chair, Anders Ullberg and Peter
Wallenberg Jr were re-elected as members of the Remuneration Committee.

The speech to the shareholders by Atlas Copco’s President and CEO Ronnie Leten
will be published on the Group's website,
http://www.atlascopcogroup.com/investor-relations/corporate-governance/annual
-general-meeting/agm-2016, where the minutes from the Annual General Meeting
will also be published.
For more information please contact:
Håkan Osvald, Senior Vice President General Counsel
+46 8 743 8995
Ola Kinnander, Media Relations Manager
+46 8 743 8060 or +46 70 347 2455
Atlas Copco discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act.
Atlas Copco is a world-leading provider of sustainable productivity solutions.
The Group serves customers with innovative compressors, vacuum solutions and air
treatment systems, construction and mining equipment, power tools and assembly
systems. Atlas Copco develops products and services focused on productivity,
energy efficiency, safety and ergonomics.  The company was founded in 1873, is
based in Stockholm, Sweden, and has a global reach spanning more than 180
countries. In 2015, Atlas Copco had revenues of BSEK 102 (BEUR 11) and more than
43 000 employees. Learn more at
www.atlascopcogroup.com (http://www.atlascopco.com).