MEKO

Board/Management Information • Mar 1, 2017

Press release 1 March 2017

Pehr Oscarson CEO of Mekonomen Group

The Board of Directors of Mekonomen AB has appointed Pehr Oscarson as President and CEO, with effect from today 1 March 2017. Pehr has extensive industry experience and is currently Acting President and CEO of Mekonomen Group.

"I am very pleased that Pehr is now becoming President and CEO, after having an Acting President and CEO role since October 2016. In addition to his industry experience, Pehr has experience of generating profitable growth, which is important in the continued development of Mekonomen", says Kenneth Bengtsson, Chairman of Mekonomen AB.

Pehr Oscarson has had management positions in MECA since 2001. Since 2014 he has been Managing Director of MECA Scandinavia, he is since 2015 a member of the group management in Mekonomen Group and is since October 2016 Acting President and CEO of Mekonomen Group.

"With Mekonomen Group's strong brands and customer offering I see that profitable growth will be our main focus. With support from our talented employees across the Group I am looking forward to taking on the opportunities and challenges ahead of us", says Pehr Oscarson, President and CEO of Mekonomen Group.

For further information, please contact:

Kenneth Bengtsson, Chairman of Mekonomen AB, tel: +46 (0)8-464 00 00 Pehr Oscarson, President and CEO of Mekonomen Group, tel: +46 (0)8-464 00 00

Mekonomen AB (publ), Corp. Reg. No. 556392-1971 Box 195 42, SE-104 32 Stockholm, Sweden Telephone: +46 (0)8-464 00 00

This information is information that Mekonomen AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act

The information was submitted for publication, through the agency of the contact person set out above, at 08:00 a.m. CET on 1 March 2017.

This press release will be published in Swedish and English. The Swedish version represents the original version and has been translated into English.