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Profilgruppen Board/Management Information 2010

Aug 18, 2010

3191_rns_2010-08-18_ebd63ec6-b891-4b73-acb3-8605a6472385.pdf

Board/Management Information

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Press release Åseda, August 18, 2010

ProfilGruppen has appointed Claes Anselmsson to President and CEO

ProfilGruppen AB has appointed Claes Anselmsson to new President and CEO from 1 January 2011. He succeeds Nils Arthur, who, after nine successful years, retires.

Claes Anselmsson is currently country manager and CEO of Schneider Electric Sweden AB. He has during the past seven years worked within the Schneider Group as responsible for several Swedish subsidiaries. Claes has been working as Business development manager for the Nordic and Baltic countries as well as Business area manager for Schneider Electric in Denmark. Claes has also worked on developing the field of energy efficiency.

The Chairman of ProfilGruppen, Eva Färnstrand, express the Board's satisfaction with the choice of Claes Anselmsson: "With his international experience and a clear business orientation, Claes will provide valuable contributions in the implementation of our expansion strategy and the development of attractive offers for our customers".

"ProfilGruppen is a successful company in an interesting market, which I am familiar with. It feels like an inspiring challenge to lead the continued development of ProfilGruppen", says Claes Anselmsson.

Contact for information:

Eva Färnstrand, Chairman of the Board, mobile: +46 (0)70 603 18 00 e-mail: [email protected]

ProfilGruppen is a supplier of complex customised aluminium extrusions and components.

This information is published in accordance with applicable laws, listing agreements and directives. The information was released to the media on August 18, 2010 at 13:00.