Nomination Committee proposal for the Board of Directors in Arise AB (publ)

LAHOLM, Sweden--()--Regulatory News:

The Nomination Committee in Arise AB (publ) (STO:ARISE) is proposing re-election of the board members Joachim Gahm, Peter Nygren and Maud Olofsson at the Annual General Meeting in Arise on 6 May, 2014. Pehr G Gyllenhammar has notified the Nomination Committee that he is not available for re-election. In addition, it is proposed that Jon Brandsar and Peter Gyllenhammar are elected as new board members. The Nomination Committee also proposes that Joachim Gahm is elected as new Chairman of the Board.

”I have been the Chairman of the Board of Directors in the Company since 2007. This is a good point in time for me to hand over the chairmanship.” says Pehr G Gyllenhammar, resigning Chairman of the Board of Directors.

Jon Brandsar, born 1954, was former board member in Arise between 2008-2013. The Nomination Committee’s complete proposals for resolutions by the Annual General Meeting 2014 and more information on the proposed Board members will be presented in connection with the notice to attend the Annual General Meeting on May 6, 2014.

The members of the Nomination Committee in Arise are Bengt Hellström (Tredje AP-fonden), Joachim Gahm (L Energy Holding & Ny Holding AB etc., the founders), Albert Hæggström (Länsförsäkringar), Peter van Berlekom (Nordea Fonder), and the Chairman of the Board Pehr G Gyllenhammar.

Halmstad 18 March, 2014

ARISE AB (publ)

The information contained herein constitutes information which Arise AB is legally required to publish under the Swedish Securities Market Act (SFS 2007:528) and/or the Swedish Financial Instruments Trading Act. The information was released for publication at 18.30 p.m. on 18 March, 2014.

About Arise

Arise is one of Sweden's leading companies in onshore wind power. Its business concept is to sell electricity generated at the company's own wind turbines. The company's target is to have 1,000 MW of onshore wind power constructed and under management by 2017, of which 500 MW will remain in the ownership of the company. Arise is listed on NASDAQ OMX Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone +46 (0)35 20 20 900, corporate id .no. 556274-6726

E-mail: info@arise.se, www.arise.se (http://www.arisewindpower.se/)

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Contacts

Arise AB
Jonas Frii
+ 46 70 762 08 54
Secretary of the Board of Directors

Contacts

Arise AB
Jonas Frii
+ 46 70 762 08 54
Secretary of the Board of Directors