Alimak Group — Board/Management Information 2020

Nov 25, 2020

ALIMAK

GROUP

Press release

25 November 2020

Alimak Group's CFO Tobias Lindquist leaves the company

Tobias Lindquist has decided to leave his role as CFO of Alimak Group. Bernt Ingman will as of tomorrow November 26, assume the role of Interim CFO.

Tobias Lindquist will remain available to support a smooth transition over the coming months.

Tobias Lindquist joined Alimak Group 2018 as Chief Financial Officer.

"I want to thank Tobias for his commitment and contribution to our journey at Alimak Group since he joined in September 2018," says Ole Kristian Jødahl, CEO Alimak Group.

The recruitment process to find a permanent CFO will be initiated immediately.

For more information, please contact:

Ole Kristian Jødahl, CEO, +46 8 402 14 40

Mathilda Eriksson, Investor Relations and Group Communications Manager, +46 8 402 14 41

About Alimak Group

Alimak Group is a world-leading provider of vertical access solutions for professional use. With a global reach spanning over more than 100 countries, the Group offers vertical access solutions adding customer value through greater safety, productivity and resource efficiency. Alimak Group's products and service solutions are sold under the brands Alimak, CoxGomyl, Manntech, Avanti and Alimak Service. The Group has an installed base of around 70,000 elevators, hoists, platforms, service lifts and building maintenance units around the world. Founded in Sweden 1948, the Group has its headquarters in Stockholm, 11 production and assembly facilities in 8 countries and 2,300 employees around the world. www.alimakgroup.com