Axactor Annual Report 2016

We confirm that, to the best of our knowledge, the Financial Statements 2016, which have been prepared in accordance with IFRS as adopted by EU, gives a true and fair view of the Company’s assets, liabilities, financial position and results of operations, and that the administration report includes a fair review of the information required under the Swedish annual accounting act. Responsibility Statement Stockholm, 19 April 2017 The Board of Directors Bjørn Erik Næss Chairman of the Board Dag W. R. Strømme Board member Merete Haugli Board member Endre Rangnes CEO Our audit report has been submitted on April 20, 2017 PricewaterhouseCoopers AB Johan Palmgren Authorized Public Accountant Brita Eilertsen Board member Beate Skjerven Nygårdshau Board member Terje Mjøs Board member Axactor AB | Annual report 2016 12