Hufvudstaden

Board/Management Information • May 18, 2016

PRESS RELEASE

Åsa Roslund new CFO at Hufvudstaden

Åsa Roslund has been appointed as new CFO of Hufvudstaden AB with responsibility for the company's financial management as from May 18, 2016. Åsa will be a member of the company's executive management.

Åsa holds a Master of Science in Business and Economics. In the position as Head of Accounting, a position which Åsa has held since 2005, she has made valuable contributions to the positive development of Hufvudstaden. From October 2015 to March 2016 Åsa was also acting CFO of Hufvudstaden.

"It is with great pleasure we welcome Åsa Roslund in the position as CFO. Åsa has for several years done an excellent work for Hufvudstaden. She has extensive knowledge of the company, the challenges and opportunities faced by us and the work carried out at our financial department. During her appointment as acting CFO she also demonstrated her capability and competence to fulfill the role as CFO of the company." says Ivo Stopner, President of Hufvudstaden.

In connection with Åsa Roslund taking up her position the current CFO Ingvor Sundbom will be resigning. We wish Ingvor the best of luck in the future.

Stockholm, May 18, 2016

HUFVUDSTADEN AB (publ)

Ivo Stopner President

Questions can be answered by: Ivo Stopner, President, telephone +46 (0)8-762 90 00.

This information is information that Hufvudstaden AB (publ) is obliged to publish according to the Securities Market Act and/or the Financial Instruments Trading Act. The information was published on May 18, 2016 at 08.50am.

SE-111 77 Stockholm Reg. no. 556012-8240 E-mail:info@hufvudstaden.se