Beijer Electronics Group — Board/Management Information 2017

Oct 17, 2017

Malmö, Sweden, October 17, 2017

Beijer Electronics Group appoints new CEO of Westermo business entity

Jenny Sjödahl is appointed to the position of CEO for the Westermo business entity with effect from November 1, 2017.

Jenny Sjödahl has been with Westermo since August 2016 in the position of Vice President Sales. Jenny has previously worked for more than 18 years in ABB in both Sweden and Singapore in sales, marketing and general management positions.

"I am delighted to appoint Jenny to this position and look forward to us working together during the next phase of Westermo's development", says Per Samuelsson, President and CEO of Beijer Electronics Group.

Lars-Ola Lundkvist will leave the position of CEO after 10 years in the role during which he has been instrumental in building a strong platform for the continued success of the business.

"I would like to thank Lars-Ola for his contribution to the growth of Westermo over the past 10 years and I am happy that he will support the company and Jenny during the transition period. Following this, Lars-Ola will move to a role within Business Development, reporting to me and focusing on activities at the Beijer Electronics Group level", says Per Samuelsson.

For more information please contact:

President and CEO, Per Samuelsson, tel +46 (0)40 35 86 10, mobile +46 (0)708 58 54 40

Beijer Electronics Group is a fast growing technology company with extensive experience of industrial automation and robust data communication. The company develops and markets competitive products and solutions with focus on the user. Since its start-up in 1981, Beijer Electronics has evolved into a multinational group with sales of over 1.1 billion SEK in 2016. Beijer Electronics is listed on the NASDAQ OMX Nordic Exchange Stockholm's Small Cap list under the ticker BELE. www.beijergroup.com

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