AAK

Board/Management Information • May 2, 2018

Press release

Johan Westman new President and CEO for AAK AB

As previously communicated Johan Westman has been appointed President and CEO of AAK AB. Johan assumes his position today, May 2, 2018.

For further information, please contact: Fredrik Nilsson CFO Mobile: +46 708 95 22 21 E-mail: fredrik.nilsson@aak.com

This information was submitted for publication at 08:50 a.m. CET on May 2, 2018.

AAK is a leading provider of value-adding vegetable oils & fats. Our expertise in lipid technology within foods and special nutrition applications, our wide range of raw materials and our broad process capabilities enable us to develop innovative and value-adding solutions across many industries – Chocolate & Confectionery, Bakery, Dairy, Special Nutrition, Foodservice, Personal Care, and more. AAK's proven expertise is based on more than 140 years of experience within oils & fats. Our unique co-development approach brings our customers' skills and know-how together with our own capabilities and mindset for lasting results. Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has 20 different production facilities, sales offices in more than 25 countries and more than 3,300 employees. We are AAK – The Co-Development Company.

SWEDEN

AAK AB (publ.) Phone +46 40 627 83 00 info@aak.com 556669-2850 Skrivaregatan 9 Fax +46 40 627 83 11 www.aak.com SE556669285001 SE-215 32 Malmö Registered office: Malmö