Gunnebo: Changes to Gunnebo’s Group Executive Team

Regulatory News:

Gunnebo (STO:GUNN)

Heinz Jacqui has been appointed SVP Region EMEA, and Rolf Kjällgren, SVP Safes & Vaults.

To further streamline the organisation, Gunnebo’s President & CEO, Henrik Lange, has decided to make the following changes to Gunnebo’s organisation:

· Appoint Heinz Jacqui SVP Region EMEA, replacing Morten Andreasen

· Appoint Rolf Kjällgren SVP Safes & Vaults and include the function in the Gunnebo Group Executive Team

· Merge manufacturing into the respective product areas – Cash Management, Entrance Control, Safes & Vaults and Electronic Security

Changes to Gunnebo’s Group Executive Team

· Heinz Jacqui will take up the position of SVP Region Europe, Middle East & Africa as of September 26, 2016. Consequently Morten Andreasen, who has held the position since 2012, will leave the role and pursue new challenges outside the Group. Heinz has held senior executive positions in multinational companies for the past 20 years, predominantly within the healthcare industry, most recently as President for Acute Care Therapies at Getinge. He will be a member of Gunnebo’s Group Executive Team.

· Rolf Kjällgren, SVP Safes & Vaults, will become a member of the Group Executive Team as of September 12, 2016. Rolf has been working in various leading positions within Purchasing, Logistics, Manufacturing and Sales in Gunnebo since 2007. Most recently Rolf has been responsible for the global ATM OEM business and Product Area Safes & Vaults. Prior to joining Gunnebo, he has held leading positions within quality and supply chain at ABB and the AF-Group.

· Lars Thorén, SVP Operations, will as a consequence of the organisational change of merging manufacturing into the respective product areas leave his current position and the Group Executive Team.

GUNNEBO AB (publ)

Group Communications

www.gunnebogroup.com

The Gunnebo Group is a global leader in security products, services and solutions with an offering covering cash management, safes and vaults, entrance security and electronic security for banks, retail, CIT, mass transit, public & commercial buildings and industrial & high-risk sites.

The Group has an annual turnover of €660 million, employs 5,500 people and has sales companies in 32 countries across Europe, Middle East & Africa, Asia-Pacific and the Americas as well as Channel Partners on over 100 additional markets.

We make your world safer.

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