JM — Board/Management Information 2018

Apr 3, 2018

PRESS RELEASE | 2018-04-03

Anders Wimmerstedt new Production Director at JM

Anders Wimmerstedt will take on the role of production director for the JM Group's residential business with immediate effect. He will also serve as a member of JM's Executive Management.

Anders Wimmerstedt has held several positions at JM related to production issues, giving him extensive experience in the area.

The purpose of the change is to enable residential production issues in Sweden, Norway and Finland to be coordinated on group level. JM aims to focus on work environment, lead times, logistics, purchasing and quality in residential production.

Anders Wimmerstedt will have a dual role as production manager of the JM Residential Stockholm business unit and his new position as production director on group level for the residential business.

Sören Bergström will continue as director of purchasing until June 30, 2018. At that point he will step down from JM's Executive Management and be at the disposal of the CEO until he retires. Anders Wimmerstedt will take over responsibility for purchasing issues on behalf of Executive Management from July 1, 2018.

"For us to continue being the leading residential project developer in the Nordic region, constantly developing and streamlining our production is crucial. I am very pleased that Anders will be able to put his commitment and expertise to use in driving these important issues on group level," says Johan Skoglund, President and CEO.

For more information, please contact:

Johan Skoglund, President and CEO, +46 (0)8 782 87 00

Sepideh Imani, Head of Communication and Analysis, +46 (0)8 782 14 29

This information is information that JM AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 15:00 CET on 2018-04-03.

JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with the main focus on expanding metropolitan areas and university towns in Sweden, Norway, and Finland. We are also involved in the project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term

PRESS RELEASE | 2018-04-03

sustainability work in all of its operations. Annual sales total approximately SEK 17 billion and the company has approximately 2,500 employees. JM AB is a public limited company listed on NASDAQ Stockholm, Large Cap segment. For more information www.jm.se/en.