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HEXPOL Board/Management Information 2019

Nov 5, 2019

2923_rns_2019-11-05_7bbfff5c-0fa6-422b-b14c-36719965d370.pdf

Board/Management Information

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Press release, Malmö, Sweden, November 5, 2019

Change in HEXPOL's Group Management

Tracy Garrison, President HEXPOL Compounding Americas and HEXPOL TP Compounding, has decided to leave the company for a position outside the HEXPOL Group. Tracy Garrison will leave end of December 2019 and thereafter CEO Mikael Fryklund will be acting President HEXPOL Compounding Americas and HEXPOL TP Compounding until a successor has been appointed.

"Tracy Garrison has been instrumental in our successful growth strategy to considerably expand the Rubber Compounding business in Americas. Likewise he has built up a very strong and capable team and culture in our American operations. I would like to take the opportunity to thank Tracy for his commitment and efforts during his long and valuable time within the HEXPOL Group, and wish him great success in his new position" says Mikael Fryklund, President and CEO HEXPOL Group.

For further information, please contact:

Mikael Fryklund President and CEO +46 (0)40 25 46 61

HEXPOL is a world-leading polymers group with strong global market positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gasket), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily system suppliers to the global automotive and engineering industry, the construction sector, the energy, oil, and gas sector, medical equipment manufacturers and OEM manufacturers of plate heat exchangers and forklifts. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group's sales in 2018 amounted to 13,770 MSEK. The HEXPOL Group has approximately 5,100 employees in fourteen countries. Further information is available at www.hexpol.com.

This is a non-official translation of the Swedish original wording. In case of discrepancies between the English translation and the Swedish original, the Swedish text shall prevail.