Establishment of Nomination Committee in IAR Systems Group AB

Uppsala, September 24, 2013

In accordance with the Annual General Meeting April 22, 2013, the nominating committee is composed to include Ulf Strömsten, Peter Larsson, Tedde Jeansson and Markus Gerdien. Ulf Strömsten, Catella was appointed Chairman. Stefan Skarin is in his role as a major shareholder while CEO adjunct to participate in the nomination committee meetings.

IAR Systems is the world’s leading supplier of software tools for developing embedded systems applications. The software enables over 19,000 large and small companies to develop premium products based on 8-, 16-, and 32-bit microcontrollers, mainly in the areas of industrial automation, medical devices, consumer electronics, telecommunication, and automotive products. IAR Systems has an extensive network of partners and cooperates with the world’s leading semiconductor vendors. IAR Systems Group AB is listed on NASDAQ OMX Stockholm. For more information, please visit www.iar.com

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