Patrik Johnson appointed as new CFO of Indutrade

Patrik Johnson has been appointed as the new CFO of Indutrade AB and will be a member of the company’s Group Management. Patrik Johnson will assume his position by 1 July 2018 at the latest and will succeed Jan Öhman, who is leaving Indutrade for a position outside the Group.

Patrik Johnson has extensive financial and industrial expertise from global and listed companies, including as CFO of Seco Tools. He is currently working in the Sandvik Group, as CFO of Sandvik Machining Solutions.

“Indutrade is an exciting and well managed company,” says Patrik Johnson. “I feel strongly committed to this new responsibility and look forward to participating in and contributing to Indutrade’s continued development.”

Bo Annvik, President and CEO of Indutrade, comments: “We are very happy to welcome Patrik Johnson to Indutrade. With his experience, competence and personality we are confident he will make a significant contribution to our future development.”

Stockholm, 18 December 2017

INDUTRADE AB (publ)

For further information, please contact:

Bo Annvik, President and CEO

Tel: +46 8 703 03 00

This information is such that Indutrade AB is obligated to make public in accordance with the EU Market Abuse Act. The information was submitted for publication by the agency of the above contact person at 9.00 p.m. (CET) on 18 December 2017.