AB Traction announced that Patrik Schelin assumes the role of CEO effective as of 1 March 2016.

The Board of Directors proposed a dividend of SEK 2.55 for the year ended December 31, 2015 compared to SEK 2.00 per share a year ago, equivalent to SEK 37.8 million. The proposed dividend is in line with the Company's dividend policy according to which the dividend is adjusted so that there is no tax expense in the Parent Company.