Magnus Johansson new CEO of Mekonomen

The Board of Directors of Mekonomen has appointed Magnus Johansson as new
President and CEO, with effect from 15 June 2015. Magnus has extensive
experience of developing operations in senior positions and is currently
President of Mekonomen Nordic.

“I am very pleased that we have recruited Magnus to serve as President and CEO.
In addition to his experience of the fast-moving consumer goods and retail
sectors Magnus is recognised as a skilled leader who, with his broad expertise,
will be a major asset to Mekonomen’s continued growth”, says Kenneth Bengtsson,
Chairman of Mekonomen.

Magnus has previously held several senior positions with such companies as
Lantmännen and Coop. Since 2014, he has been a member of Mekonomen Group’s
management team as President of Mekonomen Nordic, with responsibility for
Mekonomen’s combined operations in Sweden, Norway, Finland and Iceland.

“For me, it is very inspiring and, at the same time, an exciting challenge to
assume the role of President and CEO. There are major opportunities to further
strengthen our position in the market by continuing to create innovative
customer offerings and new concepts in the Mekonomen Group”, says Magnus
Johansson, designated President and CEO, Mekonomen

Magnus succeeds Håkan Lundstedt, who announced earlier this year that he would
leave Mekonomen to become President and CEO of Synsam.

For further information, please contact:

Kenneth Bengtsson, Chairman Mekonomen
Tel: +46 (0)8-464 00 00

Magnus Johansson, designated President and CEO Mekonomen
Tel: +46 (0)8-464 00 00