April 18, 2016

The Nomination Committee in Lindab International AB (publ) proposes the election of Peter Nilsson as new Chairman of the Board

The Nomination Committee has worked intensively in order to recruit a new Chairman of the Board since Kjell Nilsson announced that he is not available for re-election as Chairman of the Board. The Nomination Committe propopes that Peter Nilsson is elected as new Chairman of the Board in Lindab International AB (publ).

Peter Nilsson, born in 1962, has since 2004 been Senior Industrial Advisor within the EQT sphere, whereby he has had several different positions and commisions of trust in various EQT entities. Peter was i.a. President and CEO for Duni during 2004-2007 and President and CEO for Sanitec during 2010-2015. In addition, he has been Chairman of the Board in Duni AB, Securitas Direct AB och Sanitec Holdings Oy. Currently, Peter is Chairman of the Board in Eton AB and member of the Board in Evidensia AB. Furthermore, Peter had different management positions within the Swedish Match Group during 1987-2003. Peter is also member of the Board in Cramo Oyj. Peter has studied at Stockholm School of Economics. He does not hold any shares in Lindab and he is regarded as independent in relation to the company and major shareholders.

– We are delighted that the Nomination Committee on short notice has the possibility to propose Peter Nilsson as new Chairman of the Board in Lindab. Peter has substantial industrial experience and we are convinced that he is the right person to lead the Board’s work in Lindab, says the Chairman of the Nomination Committee Peter Rönström.

It is noted that shareholders representing appr. 47.1% of the company’s shares have declared that they support the proposal of the Nomination Committe at the Annual General Meeting on May 3. 2016.

Per Frankling has expressed his reservations against the Nomination Committee’s proposal regarding election of the Board. – We are positive to Peter Nilsson’s capability as Chairman but as we still have the opinion that it is important for the Company that the Board is represented by the largest shareholder as the shareholder has wanted, we cannot support the proposal, says Per Frankling.

Save for the above, the Nomination Committee’s proposals remain as they are provided for in the previously published Notice to attend the Annual General Meeting.