Hufvudstaden

Board/Management Information • May 30, 2017

PRESS RELEASE

John Lethenström new Head of Property Development at Hufvudstaden

John Lethenström has been appointed as the new Head of Property Development at Hufvudstaden AB and will be a member of the Executive Management. John will take up his position on August 14, 2017, bringing the number of members of the Executive Management to eight.

A master's graduate from the Royal Institute of Technology in Stockholm, John has long and solid experience from several leading positions in the construction and civil engineering industry in Sweden.

John has most recently been Vice President of Betongindustri AB. Prior to that he has for many years held various positions within Skanska Sverige AB, including Project Manager and Technical Manager.

"It is with great pleasure that we welcome John Lethenström to Hufvudstaden as Head of Property Development. John's extensive project and leadership experience will strengthen our development project potential even further," says Ivo Stopner, President, Hufvudstaden.

Stockholm, May 30, 2017

HUFVUDSTADEN AB (publ)

Ivo Stopner President

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