Changes in the Nomination Committee in IAR Systems Group AB

Uppsala, Sweden— January 17, 2017

After a change in the largest shareholders holdings, the Nomination Committee has been expanded by one member, Martin Nilsson, appointed by Catella Fonder AB.

The Nomination Committee now has the following composition:
• Malin Björkmo, Handelsbanken Fonder, Chairman of the Nomination Committee
• Jonas Eixmann, Andra AP-fonden
• Martin Nilsson, Catella Fondförvaltning
• Håkan Berg, Swedbank Robur Fonder

The task of the nomination committee is to propose the Chairman at the annual general meeting, Chairman and other members of the board as well as suggesting remuneration and other compensation for each of the board members. The nomination committee shall also propose auditors and remuneration of the auditors as well as a process for selecting the nomination committee for the annual general meeting 2017

About IAR Systems

IAR Systems provides developers of embedded systems with world-leading software tools for developing competitive products based on 8-, 16-, and 32-bit processors. Established in Sweden in 1983, the company has over 46,000 customers globally, 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 Stockholm, Mid Cap For more information, please visit www.iar.com.