HEXPOL

Board/Management Information • Dec 9, 2019

Press release, Malmö, Sweden December 9, 2019

Kenneth L. Bloom appointed new President HEXPOL Compounding Americas

HEXPOL AB (publ.) has appointed Kenneth (Ken) L. Bloom as new President HEXPOL Compounding Americas. Ken succeeds Tracy Garrison who, as previously communicated, has decided to leave the company.

Ken worked most recently at the acquired Preferred Compounding, where he very successfully has been the CEO & President since 2006. Ken holds a B.Sc in Engineering and a MBA in Finance. As President HEXPOL Compounding Americas Ken will also be an important member of the HEXPOL Group Management.

"We are very happy to welcome Ken Bloom to HEXPOL. Ken is an industry veteran and he has since 2006, successfully developed Preferred Compounding and with a customer centric approach significantly grown the company both organically and through acquisitions. With Ken's extensive experience from the rubber compounding industry and strong track record, I am confident that Ken will continue to develop HEXPOL Compounding Americas in a successful way. "

Mikael Fryklund, President and CEO HEXPOL

Ken Bloom said: "I am very fortunate and excited to join the HEXPOL organization. HEXPOL has an extremely talented and capable team that uniquely positions it to continue to be the "supplier of choice" to our valued customers. I look forward to leading this team and driving continued improvement in all parts of our business".

Ken Bloom takes on his position as President HEXPOL Compounding Americas as of January 1 2020.

For further information, please contact:

Mikael Fryklund President and CEO +46 (0)40 25 46 61

HEXPOL is a world-leading polymers group with strong global market positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gasket), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily system suppliers to the global automotive and engineering industry, the construction sector, the transportation, the energy, oil, and gas sector, the consumer sector, the cable and wire industry, medical equipment manufacturers and manufacturers of plate heat exchangers and forklifts. The Group is organized in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group's sales in 2018 amounted to 13,770 MSEK. The HEXPOL Group has approximately 5,100 employees in fourteen countries. Further information is available at www.hexpol.com.