Bulletin from Transmode Holding AB's Annual General Meeting 16 April 2012

16 april 2012 Stockholm, Sweden - 16(th) April 2012 Approval of the Income Statement and the Balance Sheet The Annual General Meeting (the "Meeting") approved the profit and loss statement and the balance sheet for the parent company, as well as of the consolidated profit and loss statement and the consolidated balance sheet for the fiscal year 2011. Dividend The Meeting resolved, in accordance with the proposal of the Board of Directors, on dividend to the shareholders of SEK 1.50 per share. The record date was determined as Thursday 19 April 2012. The dividend is expected to be distributed on Tuesday 24 April 2012. Board of Directors The Meeting discharged the members of the Board of Directors and the Chief Executive Officer from liability for the fiscal year 2011. Current members of the Board of Directors Kent Sander, Eva Lindqvist, Torbjörn Nilsson, Tom Nyman, Gerd Tenzer and Axel Roos were re-elected. Kevin Taylor was elected as new member of the Board of Directors. The Meeting re-elected Kent Sander as Chairman of the Board of Directors. Compensation to the Board of Directors The Board of Director's fee was set at SEK 1,675,000 in accordance with the Nomination Committee's proposal. The fee will be distributed as follows: SEK 325,000 to the Chairman of the Board of Directors, SEK 200,000 to each of Eva Lindqvist, Torbjörn Nilsson, Tom Nyman and Axel Roos, SEK 250,000 to Gerd Tenzer and SEK 300,000 to Kevin Taylor. In addition to that a total fee of SEK 180,000 shall be distributed for committee work. Nomination Committee The Meeting approved the proposal for the Nomination Committee. Guidelines for remuneration to the senior executives The Meeting approved the Board of Directors' proposal regarding guidelines for remuneration to the senior executives. The guidelines substantially accords with what was determined at the Annual General Meeting in 2011. For more information please contact: Ola Elmeland Vice President Marketing & Communications Transmode Systems AB Telephone: +46 8 506 882 71 Email: ola.elmeland@transmode.com About Transmode Transmode is a global provider of packet-optical networking solutions that enable fixed line and mobile network operators to cost effectively address the capacity needs created by the rapid growth in video and data traffic. These solutions are important building blocks in next-generation high-speed optical networks that support services such as broadband backhaul, mobile data backhaul, video delivery services and cloud computing. Transmode's solutions are based on Wavelength Division Multiplexing (WDM) and packet optical transport technologies, which are designed to increase the capacity, flexibility and functionality of optical metro core and metro access networks. Transmode's Intelligent WDM (iWDM(TM)) approach gives key advantages to customers, such as ultra-low latency, low power consumption and innovative network design. Transmode is headquartered in Stockholm, Sweden and is listed on the NASDAQ OMX Stockholm Exchange (TRMO). Since 2000 the company has installed more than 30,000 systems for over 400 fixed and mobile network operators, service providers, large enterprises and public institutions in over 40 countries across the globe. For additional information about Transmode, please visit www.transmode.com. Press release PDF: http://hugin.info/134733/R/1602654/506433.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Transmode via Thomson Reuters ONE [HUG#1602654]