Atlas Copco appoints Håkan Osvald General Counsel and member of Group Management

Atlas Copco appoints Håkan Osvald General Counsel and member of Group
Management

Stockholm, Sweden, November 14, 2011: Atlas Copco has appointed Håkan
Osvald Senior Vice President General Counsel and member of Group
Management as from January 1, 2012. He succeeds Hans Sandberg, who is
retiring.

Håkan Osvald is a Swedish citizen, born in 1954. He holds a law degree
from Uppsala University in Sweden. He joined Atlas Copco AB in Sweden in
1985 as Legal Counsel and relocated in 1989 to Atlas Copco in the United
States as General Counsel for Atlas Copco North America Inc. and Chicago
Pneumatic Tool Company. In 1991 Håkan Osvald was appointed Vice
President Deputy General Counsel Atlas Copco Group, with a special
responsibility for acquisitions.

“Håkan is internally and externally a well respected General Counsel
with a wide global industrial knowledge,” says Ronnie Leten, President
and CEO of the Atlas Copco Group. “Not least by participating in well
over a hundred acquisitions and divestments, Håkan has gained valuable
strategic as well as operational knowledge and I look forward to his
contributions to the Group in his new role.”

For further information please contact:
Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060