Arctic Gold AB's General Meeting has decided to institute a nominating committee with the responsibility of proposing election candidates for Directors of the Board and their compensation as well as election of auditors and their compensation. For the Annual General Meeting of 2012 the Nominating Committe is composed of Torsten Börjemalm, Tord Cederlund, Lars Höckenström and Solveig Staffas. Chairman of the Nominating Committee is Solveig Staffas.
The Nominating Committee's proposal

· The Nominating Committee proposes that Torsten Börjemalm is elected as Chairman at the meeting.
· The Nominating Committee proposes that, for the period up to the end of the next Annual General Meeting, compensation in the amount of 60,000 kr be paid to the Chairman of the Board and 40,000 kr to the Directors of the Board, including their committee work. These amounts are unchanged as compared to last year's figures. No compensation is paid to Alternate Directors.
· The Nominating Committee...