Nils Ringborg new CEO of Holmen Paper

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| Source: Holmen AB
Nils Ringborg has been appointed as the new CEO of the business area Holmen
Paper and so joins Holmen’s Group management.
Nils Ringborg will succeed Henrik Sjölund when he takes up his new role as
President and CEO of Holmen on 9 April. Nils Ringborg is currently sales and
marketing director at Holmen Paper.

“Nils and his team in the sales and marketing department have done a fantastic
job of developing sales during a difficult period. Holmen Paper is gaining a
leader with an extensive network and a good sense of our business. And the move
also sees another experienced and strategic force joining the Group management
team,” says Henrik Sjölund.

“We have a clear strategy where the Swedish business will be further focussed on
speciality paper based on virgin fibre and the Madrid business will continue to
produce newsprint with recovered fibre as its raw material,” says Nils Ringborg.

Work is under way to recruit a new sales and marketing director for Holmen
Paper.

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For further information please contact:
Jonas Lindell, communications manager Holmen Paper, tel. +46 70-323 20 13