JM — Board/Management Information 2020

May 25, 2020

PRESS RELEASE | 5/25/2020

Malin Lundgren new Director of Human Resources

Malin Lundgren has been named the new Director of HR at JM. She is tasked with leading the Group HR organization. Malin will take up her post on Thursday, November 19, 2020 at the latest and be a member of JM's Executive Management.

Malin holds a Bachelor's degree in sociology from Uppsala University and comes most recently from Klövern, where she was the HR Manager for two years. Prior to this, she held various HR roles at Bonava Sverige and NCC for 18 years.

"Malin is going to be a major asset for JM with her broad experience and knowledge in both HR and the building industry," says |ohan Skoglund, President and CEO of JM. "In businesses such as ours where employee engagement and competence are in focus, HR matters are critical for our success. Her background makes her well-suited for the responsibility and for continuing to develop the work of HR at JM."

For more information, please contact:

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 11:00 CET on 2020-05-25.

|M 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 emphasis on expanding metropolitan areas and university towns in Sweden, Norway and Finland. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 16 billion and the company has about 2,500 employees. [11 is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. For more information www.im.se/en