Report from Concentric AB’s Annual General Meeting on 19 April 2012

Dividend

The AGM resolved, in accordance with the board’s proposal, on a
dividend of SEK 2.00 per share. The record date was set to 24 April 2011, and
the dividend is expected to be distributed by Euroclear Sweden AB on 27 April
2011.

Board of directors and auditors

The AGM re-elected Stefan Charette,
Marianne Brismar, Kenth Eriksson, Martin Sköld and Claes Magnus Åkesson and
elected Martin Lundstedt as directors. The AGM re-appointed Stefan Charette as
chairman of the board.

The registered accounting firm KPMG was elected as the
company’s auditor until the end of the AGM 2013.

Fees to the board of
directors will be paid at slightly raised fee levels. The chairman of the board
of directors will receive SEK 400,000 and each of the other directors will
receive SEK 200,000. Additional consideration will be paid with SEK 25,000 to
the chairman of the compensation committee and with SEK 50,000 to the chairman
of the audit committee. Fees to the auditor in respect of services performed are
proposed to be paid on current account.

Nomination committee

The AGM
resolved that the nomination committee in the respect of future AGMs shall have
four members and shall consist of one representative from each of the four
largest shareholders by votes. The names of these four representatives and the
names of the shareholders they represent, shall be announced no later than six
months before an AGM and shall be based on the shareholdings as per 31 August
each year. The instruction for the nomination committee will remain in force
until further notice

Guidelines for remuneration of senior executives

The
AGM resolved to adopt the guidelines for remuneration of senior executives as
proposed by the board of directors, principally unchanged in comparison to the
guidelines of last year.

Performance based incentive programme

In
accordance with the board’s proposal, the AGM decided to establish a long-term
performance based incentive programme, LTI 2012. The programme is offered to
eight senior executives at Concentric which, provided an own investment in
Concentric shares, are offered stock options that, under certain conditions,
gives participants the right to acquire Concentric shares after a three-year
lock-up period.

The total costs for the duration of the LTI 2012 is expected
to amount to about SEK 1,500,000 annually for the Concentric group

Issue of
warrants

As one of several options to secure a cost-efficient supply of
Concentric shares for transfer under the LTI 2012, the AGM adopted the board's
proposal to issue warrants. Should the board choose the option to utilize the
warrants for delivery of shares under the LTI 2012, the dilution effect will
amount to 0.56 per cent, otherwise the warrants will lapse and the dilution
effect be nil.

Acquisitions and transfers of own shares

In accordance with
the board’s proposal, the AGM resolved to authorise the board to acquire and/or
transfer of own shares with deviation from the shareholders’ preferential rights
on one or more occasions until the AGM 2013.

Acquisition of the company’s own
shares can be made on NASDAQ OMX Stockholm, for the purpose of increasing the
flexibility for the board in connection with potential future corporate
acquisitions, as well as to be able to improve the company’s capital structure
and to cover costs for, and enable delivery of shares under, the LTI 2012. The
company’s total holdings of own shares must not at any time exceed 10 per cent
of the total number of shares in the company.

Transfer of own shares can be
made either on NASDAQ OMX Stockholm or in any other manner, for the purpose of
increasing the flexibility of the board in connection to potential future
corporate acquisitions as well as to be able to improve the company’s capital
structure and to cover costs relating to LTI 2012.

Finally, the AGM approved
that transfers of own shares are made to participants in the LTI 2012 on the
terms and conditions that apply for the incentive programme.

Stockholm 19
April 2012
Concentric AB (publ)
The Board of Directors