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Changes in Byggmax Group’s management team

Byggmax Group changes the management team structure to better align with the group's business structure and priorities. The Byggmax segment makes up the vast majority of the Byggmax Group's business. To better reflect the Group's business and priorities, the Byggmax Country Managers and the head of Byggmax Marketing & Store concept will be included as members of the group management team."

The Byggmax segment is over 80 per cent of our sales, and we want to reflect that in the management team," says Mattias Ankarberg, CEO of Byggmax Group. "We also want to have a flat organization structure, clear responsibilities, and have the responsibility for each major business unit or country present in the management team".

Going forward, the Byggmax Group management team will consist of:

· Mattias Ankarberg, CEO

· Pernilla Walfridsson, CFO

· Head of Group Expansion (vacant)

· Per Haraldsson, Buying & Supply chain

· Johan Quist, Byggmax Marketing & Store concept

· Marcus Essesjö, Country Manager Byggmax Sweden

· Country Manager Byggmax Norway, vacant (acting Marcus Essesjö)

· Aleksi Virkkunen, Country Manager Byggmax Finland

· Jonatan Schwamberg, Group e-commerce and CEO Buildor

· Anders Johansson Eickhoff, CEO Skånska Byggvaror

The above changes also mean that the role as CEO for the Byggmax segment no longer exists. Daniel Juhlin, currently CEO of the Byggmax segment, has decided to leave the company. He will remain in the company during the spring and summer and oversee a handover to the new management team. His current responsibilities will be distributed among the group management members.

The changes are effective as of 15 April 2017. All named group management members are currently employees of Byggmax Group.

| 7 April 2017


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