New Vice President Group Communications at Sandvik AB

New Vice President Group Communications at Sandvik AB

Jan Lissåker has been appointed Executive Vice President Group
Communications and member of Group Executive Management at Sandvik AB.
The appointment becomes effective from 5 March 2012. He replaces Anders
Wallin in the role as head of Group Communications when Anders retires
after a long and successful career within the Sandvik Group. However,
Anders Wallin will remain at the company for a period to, among other
activities, lead a number of projects related to Sandvik’s 150th
anniversary in 2012. The position is based in Stockholm, although part
of the time will be spent in Sandviken. Jan Lissåker is currently Vice
President Investor Relations at Sandvik AB, a position he will retain
until a successor has been appointed. He has a solid background from
several senior financial positions primarily at Sandvik Coromant and
Sandvik Tooling, and has been in charge of the Group’s financial
communication in recent years.

“I am pleased that we have secured the succession within Group
Communications now that Anders Wallin is retiring. Competence and
genuine business knowledge are key attributes and our evaluation shows
that Jan Lissåker is a good match for our demands. Since Group
Communications is such an important function, we have decided that the
Vice President will hereafter serve as a member of Group Executive
Management,” says Olof Faxander, Sandvik’s President and CEO.

Sandviken, 30 November 2011
Sandvik Aktiebolag (publ)

Sandvik AB discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 09:00 CET on 30 November
2011.

For additional information, please call Olof Faxander, President and CEO
of Sandvik AB on tel +46 26 26 10 02.