Bergman & Beving

Board/Management Information • Dec 20, 2016

PRESS RELEASE

B&B TOOLS strengthens the Board of Directors of Momentum Group operating segment ahead of separate listing on Nasdaq Stockholm

As previously announced, the Board of Directors of B&B TOOLS AB (publ) has decided to commence preparations for a separate listing of the existing Momentum Group operating segment on Nasdaq Stockholm. The aim is to implement the listing during 2017.

In order to further strengthen the Board of Directors of the future Momentum Group AB, a decision has been made to appoint Jörgen Wigh, President & CEO of Lagercrantz Group, as a new Director. In conjunction with this, Jörgen Wigh was also appointed Chairman of the Board.

Accordingly, the Board of Directors of Momentum Group AB now comprises Fredrik Börjesson, Charlotte Hansson, Stefan Hedelius, Johan Sjö, Gunilla Spongh and Chairman Jörgen Wigh.

Stockholm, 20 December 2016

B&B TOOLS AB (publ)

For further information, please contact: Ulf Lilius, President and CEO, B&B TOOLS AB, tel: +46 10 454 77 00 Mats Karlqvist, Head of Investor Relations, B&B TOOLS AB, Tel: +46 70 660 31 32

The information was submitted for publication on 20 December 2016 at 8:00 a.m. CET.

B&B TOOLS AB (publ)

Mail address PO Box 10024 SE-100 55 Stockholm Sweden Visit Linnégatan 18 Stockholm Tel +46 10 454 77 00 Fax +46 10 454 77 01 Org No 556034-8590 Reg office Stockholm Web www.bbtools.com