Lindab International

Board/Management Information • Mar 17, 2023

PRESS RELEASE

17 March 2023

Lindab appoints Lars Ynner as Chief Financial Officer

Lindab has appointed Lars Ynner as Chief Financial Officer. He will take up his position on 11 April 2023.

Lars Ynner has since 2011 worked in various financial roles at Assa Abloy Entrance Systems, most recently as VP Finance Industrial Segment. Prior to that, Lars Ynner was CEO of the education company Celemi.

"We are very pleased to welcome Lars to Lindab. He has solid expertise as financial director from a listed industrial company. We value his long experience from an international, resultoriented business with a high acquisition pace. We very much look forward to Lars' contribution to Lindab's continued development.", says Ola Ringdahl, President and CEO of Lindab.

"Lindab is a quality company with great potential. The Group has already gone through a major change and continues to aim high. I am very much looking forward to becoming part of Lindab.", says Lars Ynner.

Lars Ynner will be part of Lindab's Group Management Team and report to the CEO. He will assume his role on 11 April 2023. Lindab's resigning Chief Financial Officer, Jonas Arkestad, will leave the Group in April.

Contacts:

Ola Ringdahl President and CEO E-mail: ola.ringdahl@lindab.com Phone: +46 (0) 431 850 00

Catharina Paulcén Head of Corporate Communications E-mail: catharina.paulcen@lindab.com Mobile: +46 (0) 701 48 99 65

Lindab in brief

Lindab is a leading ventilation company in Europe. Lindab develops, manufactures, markets and distributes products and systems for energy-efficient ventilation and a healthy indoor climate. The products are characterised by high quality, ease of installation and environmental thinking.

The Group had sales of SEK 12,366 m in 2022 and is established in 20 countries with approximately 5,000 employees. The Nordic region accounted for 53 percent of sales in 2022, Western Europe for 34 percent, Central Europe for 12 percent and Other markets for 1 percent.

The share is listed on the Nasdaq Stockholm, Large Cap, under the ticker symbol LIAB.