Studsvik Appoints New President of Business Area Consultancy Services

Regulatory News:

Studsvik (STO:SVIK) has today appointed Stefan Bergström, 52, as president of business area Consultancy Services and member of the Studsvik Group Executive Management. Stefan Bergström will take up his position at March 7, 2016.

Stefan Bergström’s recent position was as Vice President Asia and Pacific as well as a member of the Executive Management team for Business Sweden (formerly the Swedish Trade Council and Invest Sweden). Stefan Bergström has worked with and been responsible for international sales and global marketing of consulting services in Business Sweden. He was formerly stationed at Business Sweden’s office in the United States with responsibility for North- and South America. Stefan Bergström has also a nuclear background with several positions within the former ABB Atom AB (now Westinghouse Electric Sweden).

"Stefan’s nuclear background along with long experience of managing and developing consultancy services in a global market will enrich both the business area and the Studsvik Group”, says Michael Mononen, CEO Studsvik.

Facts about Studsvik

Studsvik offers a range of advanced technical services to the international nuclear power industry in waste treatment, consultancy services and fuel and materials technology. The company has over 65 years’ experience of nuclear technology and radiological services. Studsvik has 800 employees in 7 countries and the company’s shares are listed on Nasdaq Stockholm.

Studsvik is publishing this information pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The Information was released for public disclosure on February 25, 2016 at 4:00 pm CET.

www.studsvik.com

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