NCC Group

Board/Management Information • Aug 28, 2018

PRESS RELEASE

August 28, 2018 No. 16/2018

Changes to NCC's Executive Management Group – Susanne Lithander appointed CFO

NCC is making changes to its Executive Management Group. Susanne Lithander is appointed as new CFO. Ylva Lageson returns to NCC as Head of Operational Development and IT and will become a member of the Executive Management Group.

"I am pleased to announce two new recruits to the Executive Management Group with long and extensive experience. They will strengthen us at a time when we are carrying out important changes. The changes we are conducting aim to make the entire organization business-centric and focused on supporting and developing our projects," says Tomas Carlsson, President and CEO of NCC.

Susanne Lithander has been appointed new CFO of NCC. She will take up her new position in the autumn. Susanne, born 1961, is currently CFO of Billerud Korsnäs, a position she has held for seven years. She was previously CEO of Mercuri International and worked in several roles at Ericsson. NCC's current CFO Mattias Lundgren will continue in his role until the end of October to finalize the Q3 report and then leave the company.

Ylva Lageson, born 1971, is returning to NCC as Head of Operational Development and IT. This function will be strengthened and be part of the Executive Management Group to drive change and development of the business from a business-centric perspective. This function also includes strategy, IT and pursuing digitalization efforts.

The Executive Management Group will comprise

• Tomas Carlsson, President and CEO
• Susanne Lithander, CFO (taking up her position in the autumn)
• Ylva Lageson, Head of Operational Development and IT (from October 8)
• Kenneth Nilsson, Head of NCC Infrastructure
• Klaus Kaae, Head of NCC Building
• Carola Lavén, Head of NCC Property Development
• Jyri Salonen, Head of NCC Industry

The following roles will be part of the extended management group

• Harri Savolainen, Head of Purchasing
• Marie Reifeldt, Head of HR
• Ann-Marie Hedbeck, Head of Legal & Risk (Acting)
• Maria Grimberg, Head of Communication (Acting)

SE-170 80 Solna, Sweden

The following members of the Executive Management Group will leave NCC: Ann Lindell Saeby (Head of Corporate Relations), Håkan Broman (General Counsel) and Mattias Lundgren (CFO).

"I would like to thank Ann, Håkan and Mattias for their many years of dedication to NCC. They have each played an important role at NCC," says Tomas Carlsson.

For further information, please contact:

Anna Trane, Head of Corporate Media Relations NCC, +46 708 84 74 69

NCC's media line: +46 8 585 519 00, E-mail: press@ncc.se, NCC's Mediabank

This is the type of information that NCC is obligated to disclose pursuant to the EU Market Abuse Regulation. The information was issued for publication through the agency of the contact persons set out above on August 28, 2018, at 8:00 a.m. CEST.

About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in construction, infrastructure and property development in the Nordic region, with sales of almost SEK 55 billion and 17,800 employees in 2017. The NCC share is listed on Nasdaq Stockholm.