Bulten — Board/Management Information 2024

Jan 22, 2024

CEO and President Anders Nyström will leave Bulten on February 9, 2024

After five years as CEO and President, Anders Nyström has today informed the Board of Directors that he has decided to leave Bulten for other challenges. Anders Nyström will leave Bulten on February 9, 2024. The Board of Directors will now initiate the recruitment process for a new CEO and President. Christina Hallin, current board member of Bulten, has been appointed as interim CEO and President of Bulten in connection with Anders Nyström's departure, and will act as such until a new CEO and President has been recruited and taken up the position.

"It has been a privilege to lead and develop Bulten together with the board of directors and all professional employees. My decision to leave Bulten has not been easy, but I feel that the time is right for me to take on new challenges after these five years as CEO of the Group", says Anders Nyström.

"Through his leadership and commitment, Anders Nyström has played an important role in successfully developing Bulten and taking the company to its current position. During Anders' time as CEO, the company has experienced strong growth at the same time as the market has been in a period of change. On behalf of the Board of Directors, I would like to express my thanks to Anders for his valuable contribution to Bulten during these years and wish him all the best in the future. The board of directors will now begin the recruitment of a new CEO and President with the goal of ensuring a smooth succession," says Ulf Liljedahl, Chairman of the Board.

For further information, please contact:

Ulrika Hultgren, SVP Corporate Communications & IR, Bulten AB Phone: +46(0)72-747 17 58 E-mail: ulrika.hultgren@bulten.com

Ulf Liljedahl, Chairman of the Board, Bulten AB Phone: +46 (0)72-747 17 58 E-mail: chairman@bulten.com

About Bulten

Bulten Group is a leading global manufacturer and supplier of fasteners to the automotive industry, as well as other industries such as consumer electronics. The offering extends from a wide range of standard products to specially adapted fasteners. With Bulten's Full Service Provider concept (FSP), customers can entrust all their fastener needs to the company, including development, sourcing, logistics and service. Bulten was founded in 1873, has approximately 1,800 employees around the world and is headquartered in Gothenburg, Sweden. Net sales in 2022 totaled SEK 4,474 million. The share (BULTEN) is listed on Nasdaq Stockholm.

This information is information that Bulten is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-01-22 19:55 CET.

Attachments CEO and President Anders Nyström will leave Bulten on February 9, 2024