AFRY

Board/Management Information • Sep 13, 2022

Date 13/09/2022

Press release from AFRY

Changes in Group Executive Management

AFRY appoints Bo Sandström as Executive Vice President and CFO

Bo Sandström has extensive experience from leading positions in several companies. He has most recently been CFO at ICA-handlarnas Förbund, where he was also part of The Board of Directors at ICA Gruppen AB. Previously, Bo was CFO at Telia Sweden and SATS Group. He holds a M.Sc. in Engineering Physics and a B.Sc. in Management & Economics. Bo is from Sweden and born 1975.

"I'm delighted to welcome Bo Sandström to AFRY. Bo's extensive financial experience and leadership skills makes him a valuable addition to AFRY and the Group Executive Management Team. As CFO, Bo will play a key role in the development of AFRY and I'm looking forward to our collaboration," said Jonas Gustavsson, CEO at AFRY.

"I'm looking forward to join AFRY, a company with a strong purpose and the mission to support clients in accelerating the transition towards a sustainable society. I'm excited to be part of AFRY and contribute to the long-term success of the company," said Bo Sandström.

Bo Sandström assumes the role at AFRY November 7, 2022, and he succeeds Juuso Pajunen.

"It has been a pleasure to work with Juuso Pajunen and during the recent years he has made a substantial contribution to the development of AFRY, including the integration of ÅF and Pöyry in 2019. I would like to thank Juuso for his invaluable commitment, leadership and collaboration, and wish him all the best with his future plans," said Jonas Gustavsson.

Corporate Communication AFRY AB (publ)

This information was released, through the agency of the above-mentioned contact person, for publication on 13 September 2022, at 1.00 pm CET.

For further information, please contact:

Cathrine Sandegren, EVP and Head of Communications & Brand +46 70–292 68 26

AFRY is a European leader in engineering, design, and advisory services, with a global reach. We accelerate the transition towards a sustainable society.

We are 17,000 devoted experts in infrastructure, industry, energy and digitalisation, creating sustainable solutions for generations to come.

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