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Gränges Board/Management Information 2021

Nov 18, 2021

3055_iss_2021-11-18_55c5a6d6-4092-476e-8177-8da4754a0408.pdf

Board/Management Information

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PRESS RELEASE 18 November 2021 07:30:00 CET

Changes in Gränges' Group Management

Torbjörn Sternsjö, currently President of Gränges Europe, will move into a new role as Senior Advisor to the CEO of Gränges. In this new role, he will focus on accelerating important global business development projects. The recruitment process for a replacement for Torbjörn has been initiated and Jörgen Rosengren, CEO, will act as President of Gränges Europe until it is complete.

"Torbjörn Sternsjö has been instrumental in the completion of our acquisition of Gränges Konin and has successfully led the European team through the first phase of the integration. He has also overseen the ongoing capacity expansion program, which is progressing well. We are very grateful for this critical contribution and wish him the best of success in his new role," says Jörgen Rosengren, President and Chief Executive Officer, Gränges.

The changes take effect November 18, 2021.

For further information, please contact: Jörgen Rosengren, President and CEO, Gränges AB

[email protected], tel: +46 8 459 59 00

Oskar Hellström, CFO and Deputy CEO, Gränges AB [email protected], tel: +46 8 459 59 00

This information is information that Gränges AB (publ) 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 2021-11-18 07:30 CET.

About Gränges

Gränges is an aluminium technology company who drives the development of lighter, smarter, and more sustainable aluminium products and solutions. The company offers advanced materials that enhance efficiency in the customers' manufacturing process and the performance of the final products. Gränges' innovative engineering has transformed the industry for more than 125 years, and the company holds leading positions in rolled products for thermal management systems, speciality packaging and selected niche applications. Gränges has production facilities and conducts sales on three continents, Asia, Europe, and Americas. The total annual production capacity amounts to 560 ktonnes. Gränges has 2,600 employees and the share is listed on Nasdaq Stockholm. More information is available at www.granges.com.

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Changes in Gränges' Group Management