JM — Board/Management Information 2021

Dec 22, 2021

PRESS RELEASE | 2021-12-22

Change in JM's Executive Management

Hilde Vatne, CEO of JM Norge AS, and Markus Heino, CEO of JM Suomi Oy, will join JM's Executive Management on January 1, 2022.

Hilde Vatne has been contributing to the successes of JM Norway since 2011 and took on the role of CEO of JM Norge AS in 2021. Markus Heino has held the role of CEO of JM Suomi Oy since 2013.

In this transition, Susanne Persson will be leaving the role of acting Business Unit Manager of JM Norway and JM Finland and will return to her regular roles as Business Unit Manager JM Residential Sweden and Board Chair of JM Norge AS.

"With Hilde and Markus in the Executive Management Team, we are strengthening the coordination of operations on JM's markets as well as our capacity to offer housing to more satisfied customers. I would like to thank Susanne for taking on the role of acting Business Unit Manager for JM Norway and JM Finland in parallel with her regular assignment," says Johan Skoglund, JM's President and Chief Executive Officer.

For more information, please contact:

Johan Skoglund, President and CEO, +46 (0)8 782 87 00 Katarina Rimmerfeldt, Head of Communications, +46 (0)73 432 61 20

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 08:00 CET on 2021-12-22.

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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 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 15 billion and the company has about 2,400 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. For more information www.jm.se/en