Concentric — Board/Management Information 2019

Apr 15, 2019

ConcentricAB appoints Sarah Dryden as Vice President Group HR

Concentric AB has appointed Sarah Dryden as Vice President Group Human Resources. Sarah will be responsible for delivering the company's HR strategy and developing and implementing best practice procedures across a global workforce throughout the US, Europe andAsia.

Sarah holds a Masters in European Employment Law in addition to being a Fellow of the Institute of Personnel and Development (FCIPD) and has nearly 20 years' of experience in senior HRpositions within United Technology Aerospace Systems (formerly Goodrich Corporation).

David Woolley, President and CEO of Concentric AB commented, "we are delighted that Sarah is joining the Concentric team. Sarah brings a vast breadth of experience and a proven track record of delivering creative HR programmes across global engineering and manufacturing operations. Her experience of continuous improvement (CI) will complement our investment in Concentric's Business Excellence Programme (CBE)".

For additional information please contact David Woolley, telephone +44-121-445 6545

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.