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Investor AB

Board/Management Information Dec 4, 2023

2931_rns_2023-12-04_74206edc-fdff-401f-a654-ff26e846f20b.pdf

Board/Management Information

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Press release

Stockholm, December 4, 2023

Christian Cederholm new President and CEO of Investor in May 2024

Investor's Board of Directors has appointed Christian Cederholm as new President and CEO, effective from the Annual General Meeting (AGM) 7 May 2024. He will succeed Johan Forssell who will transition into a consultancy role, as industrial advisor focusing on industrial companies and board work. Johan Forssell will also resign from Investor's Board of Directors at the AGM.

Christian Cederholm comes from a role as Head of Patricia Industries and has been employed by Investor since 2001. He holds a M.Sc. in Economics and Business Administration from Stockholm School of Economics and lives in Stockholm with his family. Christian is currently a board member at Hi3G Scandinavia and Mölnlycke.

"Investor's Board of Directors and I are very pleased that Christian Cederholm has accepted the role of leading Investor and that Johan Forssell will continue to contribute with his extensive competence to create long-term value for Investor's shareholders. We believe Christian has the right background, drive and determination to take Investor forward. He also possesses great investment skills and a profound interest in future-proofing Investor and our companies", Jacob Wallenberg, Chair of the Board at Investor says.

"I am grateful for the confidence of the Board and feel excited about this opportunity. Having spent many years in the organization I have gained some understanding of what the assignment entails, and it is hard to find a more energizing and inspiring role. I really look forward to working together with our great team on developing and positioning Investor and its portfolio companies in the years to come", Christian Cederholm says.

This information is information that Investor AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 4 December 2023.

For further information:

Jacob Lund, Chief Communications and Sustainability Officer Phone +46 725 60 21 57

[email protected]

Magnus Dalhammar, Head of Investor Relations Phone +46 735 24 21 30 [email protected]

Our press releases can be accessed at www.investorab.com.

Investor, founded by the Wallenberg family in 1916, is an engaged owner of high-quality, global companies. We have a long-term investment perspective. Through board participation, as well as industrial experience, our network and financial strength, we work continuously to support our companies to remain or become best-in-class. Our holdings include among others ABB, Atlas Copco, Ericsson, Mölnlycke and SEB.

Investor AB (publ) Arsenalsgatan 8C SE-103 32 Stockholm, Sweden +46 8 614 20 00 Reg.no 556013-8298 www.investorab.com

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