Lifco

Board/Management Information • Feb 8, 2019

PRESS RELEASE 8 February 2019

LIFCO APPOINTS NEW CEO

Lifco's Board of Directors has today appointed Per Waldemarson to CEO and President. Per Waldemarson is currently the Lifco Group's deputy CEO.

Carl Bennet Chairman of the Board Phone +46 31 741 64 02

Contact person:

Åse Lindskog Media and investor relations manager Phone +46 730 244 872, e-mail ir@lifco.se

This information constitutes information that Lifco AB is required to publish under the EU's Market Abuse Regulation. The information was submitted for publication through the aforementioned contact person on 8 February 2019, at 8:30 a.m. CET.

About Lifco

Lifco offers a safe haven for small and medium-sized businesses. Lifco's business concept is to acquire and develop market-leading niche businesses with the potential to deliver sustainable earnings growth and robust cash flows. Lifco is guided by a clear philosophy centred on long-term growth, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At year-end, the Lifco Group consisted of 146 operating companies in 29 countries. In 2018, Lifco reported EBITA of SEK 2,168 million on net sales of SEK 12.0 billion. The EBITA margin was 18.1 per cent. Read more at www.lifco.se.