THE NOMINATION COMMITTEE’S PROPOSAL TO THE ANNUAL GENERAL MEETING 2022 REGARDING BOARD OF DIRECTORS OF NYFOSA AB

The Nomination Committee proposes that Johan Ericsson, Marie Bucht Toresäter, Lisa Dominguez Flodin, Jens Engwall and Per Lindblad be re-elected as board members of Nyfosa AB and that Patrick Gylling and Claes Magnus Åkesson are elected as new members of the board. Furthermore, the Nomination Committee proposes re-election of Johan Ericsson as chairman of the board. The current board members Mats Andersson and Jenny Wärmé have informed the Nomination Committee that they decline re-election and will consequently leave from their assignments in connection with the annual general meeting.

The Nomination Committee's proposal entails that the number of board members will continue to be seven for the forthcoming mandate period.

Patrick Gylling was born in 1975 and has a MSc in Economics and Business from Hanken, School of Economics in Helsinki, Finland. Patrick holds significant experience from real estate transactions in Finland and is currently Chairman of the board of Cibus Nordic Real Estate AB (publ) as well as CEO and one of the founders of the real estate private equity firm Sirius Capital Partners. He and his team at Sirius have for six consecutive years been awarded best Finnish real estate investment manager by Euromoney. Previous experience includes founding the real estate investment manager HGR Property Partners as well as holding key positions at Sveafastigheter, Morgan Stanley and Advium Corporate Finance. He currently also serves as a board member of Life Annuity Institution Hereditas Ltd.

Claes Magnus Åkesson was born in 1959 and has a MSc in Economics and Business from the School of Economics in Stockholm as well as Advanced Management Programme, INSEAD, in France. He holds significant experience from the Swedish real estate market from his previous position as Chief Financial Officer and Investor Relations at JM AB (1998-2022). Previous experience includes positions as Senior Controller Asia, Head of Finance and Treasury Malaysia and Region Controller Asia of the Ericsson group (1987-1998). He currently also serves as Chairman of the board of [email protected] AB as well as a board member of Concentric AB and CM Åkesson AB.

Information concerning the current board members that are proposed for re-election is available on the company’s website, www.nyfosa.se/en.

All of the Nomination Committee's proposals will be presented in the notice to the annual general meeting and the proposals and the reasoned statement to the proposal on the board's composition will also be published on the company's website at the same time.

The Nomination Committee for Nyfosa AB comprises David Mindus, appointed by AB Sagax (Chairman of the Nomination Committee), Johannes Wingborg, appointed by Länsförsäkringar Fondförvaltning AB, Lennart Francke, appointed by Swedbank Robur Funds, Suzanne Sandler, appointed by Handelsbanken Funds, and Johan Ericsson, Chairman of the board of Nyfosa AB.

Nyfosa's annual general meeting will take place on April 19, 2022, at 3.00 p.m. at Vasateatern, Vasagatan 19 in Stockholm, Sweden.