Studsvik — Board/Management Information 2019

Mar 11, 2019

March 11, 2019

Studsvik appoints new CFO

Studsvik has appointed Claes Engvall, 54, as Chief Financial Officer and member of the Studsvik Group Executive Management. He will take up his appointment in the beginning of June, 2019.

His most recent position was head of Reporting & Controlling at the BillerudKorsnäs Group. Before that he held various senior management positions at PostNord and Ericsson in Business Controlling.

"Studsvik is in a period of focusing on profitability and adapting to market change. Claes Engvall has documented experience in the role of Business Controller from international operations, which is important in the current phase of our development," comments Camilla Hoflund, President and CEO of Studsvik AB.

For further information, please contact: Camilla Hoflund, President and CEO of Studsvik AB, +46 155 22 10 66

Facts about Studsvik

Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik's business focus areas are fuel and materials technology, reactor analysis software and consultancy services within waste treatment technology, decommissioning, NORM and solutions for final disposal. The company has over 70 years nuclear technology and radiological service experience. Studsvik has 600 employees in 7 countries and the company's shares are listed on the Nasdaq Stockholm.

This information is information that Studsvik AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact person above, on March 11, 2019, at 3:00 pm (CEST).

www.studsvik.com