Concentric

AGM Information • Oct 23, 2019

The Nomination Committee for Concentric'sAnnual General Meeting 2020

The members of the Nomination Committee for the Concentric Annual General Meeting 2020 have been appointed.

TheAGM 2019 in Concentric AB resolved that the Nomination Committee shall have five members, which consist of the Chairman of the Board and one representative of each of the four largest shareholders. The members of the Nomination Committee have been appointed based on the ownership structure as of 31August 2019.

The members of the Nomination Committee are:

Göran Espelund, Lannebo Fonder, Chairman of the Nomination Committee, e-mail: goran.espelund@lannebofonder.se

Erik Durhan, Nordea Fonder, e-mail: erik.durhan@nordea.com

Marianne Nilsson, Swedbank Robur, e-mail: marianne.nilsson@swedbankrobur.se

Per Trygg, SEB Fonder, e-mail: per.trygg@seb.se

The nomination committee also includes the Chairman of the Board, Kenth Eriksson e-mail: kenth.eriksson@athanase.se

Concentric's Annual General Meeting 2020 is planned to be held on 23April 2020 in Stockholm, Sweden.

Shareholders, who wish to submit proposals to the Nomination Committee, can do so by contacting the members of the Nomination Committee by e-mail. For the committee to be able to consider the proposals received with sufficient care, proposals should be submitted as soon as possible and in any event no later than 6 January 2020.

For further information, please contact Lennart Lindell, telephone: +46 766-104 004.

Concentric AB is an innovator in flowcontrol and fluid power, supplying proprietary systems and components to the world's truck, agricultural machinery, construction equipment and industrial applications end-markets. The company has a global manufacturing presence including in the UK, USA, Germany, Sweden, India, China and Argentina. Concentric's focus is to develop world class technology with innovative solutions that meet the sustainability needs of our customers. Concentric offers engine products including lubricant, coolant and fuel pumps, hydraulic products encompassing gear pumps and power packs, and finally several key technologies for the fast growing market for electrical and hybrid powertrains. The Group has a turnover of circa MSEK 2,400 and circa 1,000 employees.