Report from Atlas Copco’s Annual General Meeting 2014

Stockholm, Sweden, April 30, 2014: Atlas Copco AB on Tuesday April 29 held its
Annual General Meeting, chaired by Sune Carlsson, who as previously communicated
has declined re-election to 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 proposed dividend of SEK 5.50 per share was approved. Record day for the
dividend is May 5, 2014, and the dividend is estimated to be distributed by
Euroclear Sweden AB on May 8, 2014.

Nine board members were re-elected: Staffan Bohman, Johan Forssell, Ronnie
Leten, Ulla Litzén, Gunilla Nordström, Hans Stråberg, Anders Ullberg, Peter
Wallenberg Jr and Margareth Øvrum. Hans Stråberg was elected Chair of the Board.

The Board of Directors’ fee was approved as follows:

A fee of SEK 1,900,000 (1,850,000) to the Chair and SEK 570,000 (555,000) to
each of the other seven Board members not employed by the company. A fee to the
members of the Audit Committee consisting of SEK 225,000 (200,000) to the Chair
and SEK 150,000 (125,000) to the other members of this committee. Unchanged fees
of SEK 60,000 to each of the members of the Remuneration 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 elected Deloitte AB as the company’s audit company
with Jan Berntsson as the responsible auditor. Deloitte was elected to the end
of the Annual General Meeting 2015.

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 stock option plan for 2014.

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 2014, 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 2009,
2010 and 2011, and to cover costs related to synthetic shares to the Board of
Directors.

Statutory Board Meeting
A statutory Board meeting was held after the Annual General Meeting. Ulla
Litzén, Chair, Staffan Bohman, Johan Forssell and Hans Stråberg were re-elected
to serve on the Audit Committee. Hans Stråberg, Chair, Anders Ullberg and Peter
Wallenberg Jr were 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, www.atlascopco.com/agm, where also the
minutes from the Annual General Meeting will be published.
For more information please contact:
Håkan Osvald, Senior Vice President General Counsel
+46 (0)8 743 8995
Ola Kinnander, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)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 service 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 2013, Atlas Copco had revenues of BSEK 84 (BEUR 9.7) and more than
40 000 employees. Learn more at www.atlascopco.com.