SSAB’s Chairman of the Board leaves his assignment in 2015

SSAB’s Chairman of the Board, Sverker Martin-Löf, has informed the company's
principal owner, Industrivärden, that he is not available for re-election at the
annual general meetings during the spring 2015 in the listed companies, where he
currently holds board assignment. Sverker Martin-Löf has been Chairman of the
Board in SSAB since 2003.

Industrivärden and its principal owner will propose for the Nomination Committee
in SSAB, to nominate Bengt Kjell as the new Chairman of the Board for SSAB at
the upcoming annual general meeting. Bengt Kjell is CEO for “AB Handel och
Industri”, a fully-owned subsidiary of Handelsbanken, and he was also previously
Executive Vice President of Industrivärden during 2002-2010.

This information is published by SSAB pursuant to the requirements of the
Finnish Securities Market Act and the Swedish Securities Market Act. Submitted
for publication at 08.00 am CET, January 22, 2015.
For further information, please contact:

Andreas Koch, Head of Investor Relations, andreas.koch@ssab.com, 46 8 45 45 729
SSAB is a Nordic and US-based steel company. SSAB offers value added products
and services developed in close cooperation with its customers to create a
stronger, lighter and more sustainable world. SSAB has employees in over 50
countries. SSAB has production facilities in Sweden, Finland and the US. SSAB is
listed on the NASDAQ OMX Nordic Exchange in Stockholm and has a secondary
listing on the NASDAQ OMX in Helsinki. www.ssab.com.