Axfood: Information On Previously Communicated Stock Split

Regulatory News:

Axfood (STO:AXFO)

As previously communicated, on 18 March 2015 the Annual General Meeting of Axfood Aktiebolag (publ) resolved in favour of a split of shares in the company, whereby each currently existing share is to be split into four shares (4:1).

The following apply for the split:

· The last day for trading before the split is 16 April 2015

· The first day for trading after the split is 17 April 2015

· The record date for the split at Euroclear Sweden is 20 April 2015

· Shareholders do not need to take any action in connection with the split

As a result of the split, the number of shares in the company will increase from 52,467,678 to 209,870,712.

Starting on 17 April 2015, Axfood’s shares will have the following ISIN code: SE0006993770. This is because the old shares will de facto remain in shareholders’ securities accounts (VP-konto) through 20 April and will be deregistered on 21 April.

Axfood AB conducts food retail and wholesale business in Sweden. Retail business is conducted through the wholly owned store chains Willys and Hemköp, comprising 259 stores in all. In addition, Axfood collaborates with a large number of proprietor-run stores that are tied to Axfood through agreements. These include stores within the Hemköp chain as well as stores run under the Handlar’n and Tempo brands. In all, Axfood collaborates with approximately 820 proprietor-run stores. B2B sales are conducted through Axfood Närlivs and the wholly owned Axfood Snabbgross chain. Wholesaling is conducted through Axfood Sverige. Axfood is listed on Nasdaq Stockholm AB’s Large Cap list. Axel Johnson AB is the principal owner, with 50.1% of the shares.

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