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SAAB

Board/Management Information Feb 10, 2023

2958_rns_2023-02-10_e03e1a5e-5320-4703-9bbe-c11425e828e3.pdf

Board/Management Information

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PRESS RELEASE

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Date Reference 10 February 2023 CU 23:005 E

Changes in Saab's Group Management and Organisation

Lars Tossman has been appointed Head of Saab's business area Aeronautics. Mats Wicksell will assume the position as Head of business area Kockums and will become a new member of Saab's Group Management team. Jonas Hjelm will take on a new position within the Group Management team as Head of the newly established group function, Government Affairs. These changes will take effect on 1 March 2023.

Saab is adapting its organisation to reflect the changing geopolitical landscape by strengthening its efforts within government affairs. Jonas Hjelm, who will head this new function, is currently Senior Vice President and Head of Aeronautics.

"Following higher defence spending across our key markets and Sweden's NATO application, we are further strengthening our focus on government affairs. I could not think of a more suitable person to lead that work than Jonas Hjelm," says Micael Johansson, President and CEO of Saab.

Aeronautics, which will be headed by Lars Tossman, is a core area for Saab with a significant order book, a strong market position and a focus on future capabilities in the air domain. Lars Tossman is currently Senior Vice President and Head of Kockums.

"Lars Tossman is a senior leader with a strong track record of performance within several business areas at Saab. He is the right person to take Aeronautics to the next phase," says Micael Johansson, President and CEO of Saab.

Kockums has a strong portfolio and position within the underwater segment, which is one of Saab's core areas, as well as within surface ships and boats. Mats Wicksell, who will take on the role as new Head of Kockums, is currently Head of business unit Combat Systems within Saab's business area Surveillance.

"Kockums is now on a strong path and I am confident that Mats Wicksell is the right leader to continue developing the business," says Micael Johansson, President and CEO of Saab.

Saab AB (publ) Postal address Telephone Website Registered office VAT No SE-581 88 Linköping Sweden

Registered No 556036-0793

PRESS RELEASE

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Saab continues to focus on sustainability, which is reflected in a new organisational unit, Group Communication and Sustainability, which will be headed by Viktor Wallström, Saab's current Head of Group Communication.

For further information, please contact:

Saab Press Centre, +46 (0)734 180 018, [email protected]

www.saab.com Twitter: @Saab Facebook: @saabtechnologies LinkedIn: Saab Instagram: Saab

Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 18,000 talented people, Saab constantly pushes the boundaries of technology to create a safer, more sustainable and more equitable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.

Registered No 556036-0793

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