Semcon

Board/Management Information • Apr 26, 2017

Press release April 26, 2017

CHANGE TO SEMCON'S GROUP MANAGEMENT.

Olof Christensson, Business Area President of Engineering Services, has chosen to leave the company to take up a position in another industry. He will be temporarily replaced by President and CEO Markus Granlund.

"Olof has made an important contribution to the development of the business and to increase the value of our offering. We wish him all the best in the future," says Markus Granlund, President and CEO of Semcon.

Markus Granlund will immediately assume responsibility as interim Business Area President of Engineering Services until such time as a permanent solution has been found. Olof Christensson will be available during a transitional period.

For more information, please contact:

Per Nilsson, Director Corporate Communications and Marketing, Semcon Tel: +46 (0) 739-737 200 Email: per.nilsson@semcon.com

This information is information that Semcon AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the contact persons set out above at 07.15 AM. (CET) on April 26, 2017.

Semcon is an international technology company that develops products based on human needs and behaviours. We strengthen our customers' competitiveness by always starting from the end user, because the person who knows most about the user's needs creates the best products and the clearest benefits to humans. Semcon collaborates mainly with companies in the automotive, industry, energy and life science sectors. With more than 2,000 specialised employees, Semcon has the ability to take care of the entire product development cycle. From strategy and technology development to design and product information. Semcon was founded in Sweden in 1980 and has offices in over 30 locations in eight different countries. In 2016, the Group reported annual sales of SEK 1.8 billion. Read more on semcon.se