Vestas Wind Systems — Board/Management Information 2013

Aug 21, 2013

Vestas Wind Systems A/S appoints Anders Runevad as new Group President & Chief
Executive Officer (CEO). He succeeds Ditlev Engel who will leave the company.

Aarhus, Denmark, 2013-08-21 08:27 CEST (GLOBE NEWSWIRE) --

Ditlev Engel has been with the company since 2005 and has during the past 1½
years focused his efforts on leading Vestas’ extensive restructuring programme.

“Following the recent measures taken, it is now the appropriate time to make
this change. The company is now entering a new phase, where we want to realise
our growth potential, and I am confident that Mr Runevad has the right
experience to lead the company going forward. The restructuring programme has
resulted in a more competitive company and we thank Mr Engel for his leadership
over the past eight years,” says Chairman of the Board of Directors of Vestas
Wind Systems A/S, Bert Nordberg.

“I am delighted to be joining Vestas and look forward to leading the company in
its next phase of development. I believe that my career has equipped me with
the right tools to take on this task,” says newly appointed Group President &
CEO of Vestas Wind Systems A/S, Anders Runevad.

Mr Runevad brings with him extensive experience from the telecom industry,
having worked business-to-business, with complex infrastructure projects in an
international environment. Additionally, Mr Runevad has in several senior
positions led successful restructuring programmes in large organisations. He
also has a proven track record of driving growth. Mr Runevad will assume the
position on 1 September 2013. Until then, Ms Marika Fredriksson, currently
Executive Vice President & CFO of Vestas Wind Systems A/S, will assume the
position as acting Group President & CEO.

Biography – Anders Runevad
Mr Runevad is an internationally experienced senior executive with experience
of leading global organisations. He has worked in the telecom sector during his
entire career, mainly in business-to-business, and has successfully developed
and executed on strategies both in growth and mature markets.

Anders Runevad comes from Swedish Ericsson, where he was President of Region
West & Central Europe, and a member of the Ericsson Global executive team. He
joined Ericsson in 1985, and his positions include President, Ericsson
Singapore (1996-2000), Vice President Sales and Marketing, Ericsson Business
unit Networks (2000-2004), President, Ericsson Brazil (2004-2006) and Director
of the board and Executive Vice President, Sony Ericsson (2006-2010). Mr
Runevad holds a Master of Science in Electrical Engineering, Institute of
technology, University of Lund.

Contact details
Vestas Wind Systems A/S, Denmark

Lars Villadsen, Senior Vice President, Investor Relations
Tel.: +45 9730 7201

Morten Albæk, Group Senior Vice President, Global MarCom & Corporate Relations
Tel.: +45 2256 7437