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Profilgruppen Board/Management Information 2011

Apr 26, 2011

3191_rns_2011-04-26_a946e187-b5b0-4646-b9f0-29203255b91f.pdf

Board/Management Information

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Press release Åseda, April 26, 2011

New Production Director in ProfilGruppen.

Samuel Sandkvist has been appointed Production Director in ProfilGruppen. He is 49 years old and his previous position was at Thule Sweden AB where he has been production manager and responsible for the production of roof rack systems and the supply of components to Thule's assembly plants in Poland.

The role as Production Director in the ProfilGruppen group is a newly created position with overall responsibility for all profile production and processing activities. As Production Director Samuel Sandkvist will report to Claes Seldeby, President and CEO, and be a member of the management team. Samuel will assume the new position as of June 20, 2011.

"I regard ProfilGruppen as a solid company with long tradition in improvement work, a tradition I hope to vitalise. The ambition is to continuously work on increasing the productivity in the group", says Samuel Sandkvist

Samuel Sandkvist has a Masters degree in Engineering specialising in Manufacturing. He has held a number of senior management positions as Production manager and Plant manager at, among others, Peltor AB and Atlas Copco Uniroc AB. Samuel has experience of successfully managing change processes, continuous improvement and Lean.

"Samuels broad competence and long experience from different types of production activities and especially his strong commitment for productivity development work will be of good help in our work to develop ProfilGruppen", says CEO Claes Seldeby.

Contact for information:

Claes Seldeby, President and CEO, mobile: +46 (0)73 230 05 70 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 April 26, 2011 at 14.00 CET.