About Axfood

Board

Axfood’s corporate governance aims to achieve sustainable value creation for the shareholders through effective risk control and a sound company culture.

The information, which includes own and related parties' holdings of shares, refers to the situation on 31 December 2018. Changes during the current year can be foolowed via Sweden's financial supervisory authority's (Finansinspektionen) website.

Mia Brunell Livfors

Chairman of the board

Born: 1965

Other posts: CHAIRMAN: Axel Johnson International AB, Dustin Group AB, Kicks Kosmetikkedjan AB and Åhléns AB VICE CHAIRMAN: Martin & Servera AB DIRECTOR:  Efva Attling Stockholm AB, Stena AB and Swedish Trade Federation

Education: Economics studies, Stockholm University

Current position: President and CEO of Axel Johnson AB since 2015.

Experience: Former President and CEO of Investment AB Kinnevik, many years of experience from board work with listed Swedish companies

Chairman of the Board and director since: 2016

Committee membership: Compensation Committee

Independent in relation to the Company and the Executive Committee. Non-independent in relation to major shareholders of the Company

Number of Axfood shares: 0

Lars Olofsson

Vice chairman

Born: 1951

Other posts: CHAIRMAN: TCC Global N.V. VICE CHAIRMAN: Smart Eye AB DIRECTOR: Axel Johnson AB, Bata Shoes and Compass Ltd

Education: B. Sc. Business and Economics, Lund University, studies at IMD in Switzerland

Experience: President and Chairman of the Board of Carrefour S.A., Vice President of Nestlé S.A.

Director since: 2013 and Vice Chairman since 2014

Committee membership: Compensation committee

Independent in relation to the Company and the Executive Committee. Non-independent in relation to major shareholders of the Company.

Number of Axfood shares: 8 000

Stina Andersson

Director

Born: 1983

Other posts: Director in Fram Skandinavien AB

Education: M.Sc. Business and Economics, Stockholm School of Economics; CEMS Master’s in International Management from HEC Paris and theStockholm School of Economics

Current position: COO at Axel Johnson

Experience: Executive Vice President Strategy and Business Development, and Head of Tele2 IoT, Investment Director and Head of Strategy at Investment AB Kinnevik; many years of experience of e-commerce companies; former management consultant for McKinsey

Director since: 2018

Independent in relation to the Company and the Executive Committee. Non-independent in relation to major shareholders of the Company.

Number of Axfood shares: 1 200

Fabian Bengtsson

Director

Born: 1972

Other posts: DIRECTOR: NetOnNet Group Aktiebolag, Waldir Aktiebolag and Aktiebolaget Remvassen Education: B.Sc. Business and Economics, Lund University

Education: B.Sc. Business and Economics, Lund University

Experience: Long record of experience in the retail trade and digital trade from the SIBA group, among other things as President 2001-2014; as Chairman of NetOnNet AB 2012-2015; and as a director/Chairman of CE-Konsumentelektronikbranschen AB

Director since: 2016

Independent in relation to the Company and the Executive Committee, and to major shareholders of the Company

Number of Axfood shares: 7 050

Caroline Berg

Director

Born: 1968

Other posts: CHAIRMAN: Axel Johnson AB, the Erik and Göran Ennerfelt Foundation for International Studies for Young Swedes and Martin & Servera VICE CHAIRMAN: Nordstjernan AB DIRECTOR: The Axel and Margaret Ax:son Johnson Foundaton, Axfast AB, Brilliant Minds, Dustin Group AB and the Stockholm School of Economics Advisory Board.

Education: 1987-1991 Middlebury College, Vermont, USA, BA Media/Communications and Psychology

Experience: Active in the family-owned Axel Johnson Group since 2005, most recently as Vice President, Human Resources and Communication at Axel Johnson AB and member of the management team, 2006-2014

Director since: 2014

Committee membership: Compensation Committee

Independent in relation to the Company and the Executive Committee. Non-independent in relation to major shareholders of the Company.

Number of Axfood shares: 15 840

Jesper Lien

Director

Born: 1969

Other posts: Operating partner within Aurelius Investment Group

Education: Engineer, Technical University of Denmark; Business Administration (financial management), Copenhagen Business School

Current position: CEO of Danish Silvan A/S

Experience: CEO of Coop Danmark, other leading positions in the Coop Group, many years of experience from the retail trade, digital trade and food retail trade, including as CCO of the do-it-yourself chain B&Q

Director since: 2018

Independent in relation to the Company and the Executive Committee, and to major shareholders of the Company

Number of Axfood shares: 0

Christer Åberg

Director

Born: 1966

Other posts: CHAIRMAN: Apoex AB DIRECTOR: Plantasjen AS

Education: IHM Business School Stockholm

Current position: Acting CEO of Plantasjen AS

Experience: CEO and President of Food Folks AS/McDonald's Norden 2017-2019 and of Hilding Anders International AB 2015-16, CEO Orkla Confectionery & Snacks Sverige AB 2013-16, CEO Arla Foods AB 2009-2013, CEO Atria Scandinavia AB 2006-2009, Various positions at UnilevePresentr

Director since: 2017

Independent in relation to the Company and the Executive Committee, and to major shareholders of the Company.

Number of Axfood shares: 4 800

Anders Helsing

Employee representative

Born: 1966

Other posts: Employee representative on the board of directors of Axfood IT

Experience: Employee since 1998

Non-independent in relation to the Company and the Executive Committee.

Number of Axfood shares: 59

Michael Sjörén

Employee representative

Born: 1960

Other posts: Employee representative on the board of directors of Axfood Närlivs AB and Dagab Inköp & Logistik AB

Experience: Axfood Group employee since 1995

Non-independent in relation to the Company and the Executive Committee.

Number of Axfood shares: 0

Lars Östberg

Employee representative

Born: 1968

Other posts: Employee representative on the board of directors of Willys AB

Experience: Willys employee since 2002

Non-independent in relation to the Company and the Executive Committee.

Number of Axfood shares: 0