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Bulten Board/Management Information 2019

Aug 30, 2019

3019_rns_2019-08-30_4a5bb57e-25f1-48f1-9587-7d633584fa91.pdf

Board/Management Information

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Bulten appoints new Senior Vice President Production

Bulten has appointed Fredrik Bäckström as new Senior Vice President Production. He takes up the position on December 1, 2019 and will be a member of Bulten's Executive Management Team. Fredrik succeeds Jörg Neveling, who will retire on October 31, 2019.

Fredrik Bäckström, born in 1965, holds an M.Sc. in Mechanical Engineering. He has previously held several leading positions within Poseidon Diving System AB, Carmel Pharma AB, Pågen/Pååls Bakery and Dayco Automotive AB amongst others. Fredrik joins Bulten from Arcam AB where he has been Vice President Product Supply since 2013.

"I am very pleased with the recruitment of Fredrik Bäckström. He has a solid track record of transforming industrial value chains and will be instrumental in making Bulten an even more competitive fastener supplier. I also want to thank Jörg Neveling for his great contribution in developing Bulten to a leading position in the market for fasteners", commented Anders Nyström, President and CEO of Bulten AB.

For further information, please contact:

Anders Nyström, President and CEO, Bulten Tel: + 46 (0)31‐734 59 00, e‐mail: [email protected]

Bulten is one of the leading suppliers of fasteners to the international automotive industry. The company's product range includes everything from customer‐specific standard products to customized special fasteners. The company also provides technical development, line‐feeding, logistics, material and production expertise. Bulten offers a Full Service Provider concept or parts thereof. The company was founded in 1873, has some 1,400 employees in eight countries and head office in Gothenburg. The share (BULTEN) is listed on Nasdaq Stockholm. More information can be found at www.bulten.com.

Bulten AB

Address Box 9148 SE‐400 93 Göteborg Sweden

Visiting address August Barks Gata 6A Website