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Gränges Board/Management Information 2022

Feb 14, 2022

3055_rns_2022-02-14_3a1b5757-aae0-4d36-aa40-6ea6396a7c03.pdf

Board/Management Information

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PRESS RELEASE 14 February 2022 18:01:00 CET

Fredrik Spens appointed President, Gränges Europe

Effective March 1, 2022, Fredrik Spens will take over as President, Gränges Europe, succeeding Jörgen Rosengren who has held the position on an interim basis. Starting the same date, Fredrik will also be a member of the Group Management Team of Gränges.

Fredrik Spens holds a Master of Science degree in Mechanical Engineering from the Royal Institute of Technology in Stockholm, Sweden. He is currently Managing Director, Gränges Finspång, a role he has had since late 2020. Before that, he was Vice President for Sales and Marketing in Gränges Europe. Before joining Gränges in 2017, Fredrik was Head of Product Area Primary Products within Sandvik Materials Technology, the most recent of a series of senior positions at Sandvik. He also has a background at the consultancy firm BTS.

– I am delighted to be able to welcome Fredrik as our new President for Gränges Europe. His broad industrial background and experience from a variety of senior general management roles speak for themselves. He is also a very well-liked leader and respected colleague in our Group, who embodies the Gränges values by being committed and action-oriented, says Jörgen Rosengren, Gränges President and Chief Executive Officer.

– It is a privilege and a great honor to take on this role. We have a good starting position and many opportunities in Europe, but we also have much to prove. I am looking forward to engaging the whole European team to make and execute an ambitious plan for profitable growth, says Fredrik Spens, incoming President for Gränges Europe.

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

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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Fredrik Spens appointed President, Gränges Europe