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Husqvarna Board/Management Information 2018

Jun 19, 2018

2926_iss_2018-06-19_4fbaac7a-f1bc-4345-9fb4-767d190381f0.pdf

Board/Management Information

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Press release Stockholm June 19, 2018

Husqvarna Group´s CFO to leave the Group

Jan Ytterberg, CFO of Husqvarna Group since 2015, has decided to leave the Group. Jan Ytterberg has been appointed CFO of Volvo Group.

"We would like to thank Jan for his successful contribution to Husqvarna Group and wish him all the best in his new position" says Kai Wärn, President and CEO of Husqvarna Group.

The date on which Jan Ytterberg will leave his position is yet to be decided.

For additional information, please contact Åsa Larsson, Global Media Manager +46 8 738 90 80 or [email protected]

This press release contains insider information that Husqvarna AB is required to disclose under the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 09.00 CET on 19th of June, 2018.

Husqvarna Group

Husqvarna Group is a global leading producer of outdoor power products and innovative solutions for forest, park and garden care. Products include chainsaws, trimmers, robotic lawn mowers and ride-on lawn mowers. The Group is also the European leader in garden watering products and a global leader in cutting equipment and diamond tools for the construction and stone industries. The Group's products and solutions are sold under brands including Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah and Diamant Boart via dealers and retailers to consumers and professionals in more than 100 countries. Net sales in 2017 amounted to SEK 39bn and the Group has around 13,000 employees in 40 countries.

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