The Election Committee’s proposal regarding resolutions at the Annual General Meeting 2016


The Election Committee of Castellum, appointed in accordance with the resolution
taken by the shareholders at the Annual General Meeting 2015, consists of Johan
Strandberg (Chairman) representing SEB Fonder, Rutger van der Lubbe representing
Stichting Pensioenfonds ABP, Björn Franzon representing the Szombatfalvy family
and Global Challenges Foundation, and Charlotte Strömberg, Chairman of the Board
of Directors of Castellum.

The proposed Board members:

  · Charlotte Strömberg, Chairman (re-election)
  · Per Berggren (re-election)
  · Anna-Karin Hatt (re-election)
  · Christer Jacobson (re-election)
  · Nina Linander (re-election)
  · Johan Skoglund (re-election)
  · Christina Karlsson Kazeem (new election)

The Board member Jan Åke Jonsson has declined re-election.

Christina Karlsson Kazeem, born in 1965, holds a MSc from the Royal Institute of
Technology KTH and since 2012 Christina is the CEO of the B2B firm, Hilanders,
with offices in Stockholm and Shanghai. Since the fall of 2015 she is also the
Chairman of the Board of Directors of Tomorrow China, with registered office in
Hongkong and headquarters in Shanghai. The companies are part of the
communication group Intellecta AB (publ) and offer trademark development and
strategic communication for a global market to several of the leading export
companies in Sweden. Before that, Christina Karlsson Kazeem was market
communication manager at Niscayah Group. Between 1999 and 2012 she held several
leading positions at digital companies such as Razorfish and Creuna. During the
years 1991 to 1998 she was working within city planning and development at the
Traffic and Public Transport Authority and Property Management Administration at
the City of Stockholm.

The Board of Directors of Castellum has continuously been renewed but with
maintained continuity. Based on, inter alia, the evaluation report of the Board
of Directors’ work, which the Election Committee has considered, the Election
Committee is of the opinion that the existing Board of Directors of Castellum is
a well-functioning body. As a result of the Election Committee’s proposal for
Board of Directors, the continuous renewal process will proceed within the Board
of Directors. At the same time the Board of Directors is being reinforced with
important competence as described below and the gender balance of the Board of
Directors is maintained.

The Election Committee considers that the Board of Castellum as a whole, is
competent and has extensive experience regarding real property matters in a
broad sense, sustainability matters, infrastructure matters and city planning,
capital market matters and financing matters, customer relations, insight in
transformation trends at both private and public players and regarding board
work in general. In efforts to find a successor to Jan Åke Jonsson in the Board,
a candidate profile has been prepared in relation to a candidate with good
understanding of customer relations and changes in customer behavior, trend
analysis, digital conversion and modernization of traditional business
operations and within international organizations, and concerning communication
and marketing.

The Election Committee considers that Christina Karlsson Kazeem has the
competence and experience described above as desirable for a new Board member of
Castellum. The fact that she also has been working with matters concerning urban
trends, infrastructure projects and city planning is an advantage. Further, the
Election Committee considers that Christina Karlsson Kazeem together with the
other proposed Board members will constitute a Board of Directors, which all in
all has the versatility and competence, experience and background required with
respect to Castellum’s business, development phase and other circumstances. The
Election Committee’s proposal implies that four out of seven Board members of
the company will be women. Further information about the proposed Board members
can be found on www.castellum.se.

Remuneration to the members of the Board of Directors is proposed to be the
following (2015 remuneration within brackets).

  · The Chairman of the Board of Directors: SEK 720,000 (SEK 640,000).
  · Each of the other members of the Board of Directors: SEK 315,000 (SEK
300,000).
  · Member of the Board of  Directors’ Remuneration Committee, including the
Chairman: SEK 30,000 (SEK 30,000).
  · Chairman of the Board of  Directors’ Audit and Finance Committee: SEK 50,000
(SEK 50,000).
  · Each of the other members of the Board of Directors’ Audit and Finance
Committee: SEK 50,000 (SEK 35,000).

The proposed Board remuneration, including remuneration for committee work,
accordingly amounts to SEK 2,820,000 (SEK 2,650,000) provided that the number of
committee members remains unchanged.

The Election Committee proposes that a new Election Committee is established in
preparation for the Annual General Meeting to be held in 2017. For this purpose
the Chairman of the Board of Directors will contact the three largest ownership
registered or otherwise known shareholders as per the last share trading day in
August 2016 and invite them each to appoint one member. The three members
appointed constitute, together with the Chairman of the Board of Directors, the
Election Committee. The Election Committee appoints a Chairman amongst its
members.

The Election Committee’s complete proposal, including the motivated statement
and the report on how the Election Committee has performed its tasks, can be
found on www.castellum.se.

Castellum AB (publ) discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act.

For further information, please contact
Johan Strandberg, Chairman of the Election Committee, mobile +46 705-54 38 86
Charlotte Strömberg, Chairman of the Board of Directors, mobile +46 702-77 04 03

www.castellum.se

Castellum is one of the major listed real estate companies in Sweden. The fair
value of the real estate portfolio amounts to approx. SEK 41 billion, and
comprises premises for office, retail, warehouse and industrial purposes with a
total lettable area of approx 3.4 million sq.m. The real estate portfolio is
owned and managed by six wholly owned subsidiaries with strong local roots in
five growth regions: Greater Gothenburg, the Öresund Region, Greater Stockholm,
Mälardalen and Eastern Götaland.

Castellum sustainability performance has, during 2015, been awarded with two top
distinctions. The World Green Building Council’s award Business Leadership in
Sustainability and “Green Star 2015” by GRESB which means that Castellum is one
of the highest ranking companies in the world in the real estate sector.

Castellum is listed on Nasdaq Stockholm AB Large Cap.

Castellum AB (publ), Box 2269, SE-403 14 Gothenburg | Org nr/Corp Id no SE
556475-5550 | Phone +46 31 60 74 00 Fax +46 31 13 17 55

Attachments

01156997.pdf