NCC Group

Board/Management Information • Jan 12, 2018

Press release

January 12, 2018 No 2/2018

Tomas Carlsson appointed new CEO of NCC

Tomas Carlsson has been appointed the new President and CEO of NCC. Tomas is currently employed at the listed architecture and engineering consultancy Sweco. He previously worked at NCC for nearly 20 years, most recently as the Head of NCC's construction operations in Sweden.

"I am delighted that Tomas Carlsson will be the next President of NCC. Tomas is highly familiar with NCC's operations and he has been able to expand his expertise during his time at Sweco. He has gained experience in leading a consultancy firm and has also been able to observe how various construction companies operate in the market. Sweco's stock-market performance has been strong, with the company's share price tripling. Tomas's project experience is a perfect fit for NCC," says Tomas Billing, Chairman of NCC.

Tomas Carlsson has been the President of Sweco since the end of 2012. During his time as President, the company increased its sales from approximately SEK 8 billion to approximately SEK 17 billion with a stable operating margin.

Tomas previously served as Head of NCC's construction operations in Sweden which at the time generated sales of approximately SEK 25 billion and accounted for about half of NCC's sales.

Tomas is 52 years old. He holds a Master of Science in Engineering from Chalmers University of Technology and an Executive MBA from London Business School and Columbia Business School.

"It feels like coming home. I am very much looking forward to leading NCC and see great potential for developing the operations," says Tomas Carlsson.

Tomas Carlsson will take up his new position at NCC by July 2018 at the latest. Håkan Broman will serve as acting President in the interim.

"Naturally, I hope that Tomas will start working before the summer. Until then, we have an excellent acting President, Håkan Broman. Håkan has already taken measures to reduce overheads and has also recruited a new strong leader for the Infrastructure business area, Kenneth Nilsson from Skanska, who will take office in April," says Tomas Billing.

For further information, please contact:

Tomas Billing, Chairman, NCC tomas.billing@ncc.se +46 8 585 522 62 Tomas Carlsson, incoming President and CEO, NCC +46 705 529 275 Anna Trane, Head of Corporate Media Relations, NCC anna.trane@ncc.se +46 708 84 74 69

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

NCC AB (publ.)

SE-170 80 Solna, Sweden

Street address Vallgatan 3 SE-170 67 Solna, Sweden

Tel: +46 8 585 510 00 Fax: +46 8 85 77 75 www.ncc.se

Corp. Reg. No. 556034-5174 Solna, Sweden VAT No. SE663000130001

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 January 12, 2018, at 10:00 a.m. CET.

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 SEK 53 billion and 17,000 employees in 2016. The NCC share is listed on Nasdaq Stockholm.