Changes in Holmen’s Group management

Group management at Holmen is in the midst of a regrouping process after the
company’s technology director Staffan Jonsson passed away after a period of
illness. Ola Schultz-Eklund will succeed Staffan Jonsson as technology director
and Fredrik Nordqvist will become CEO of the Holmen Energi business area.
Ola Schultz-Eklund will be taking over the role of technology director. He is
currently director of business development and innovation and was previously
managing director at the mill in Workington. The technology director is a member
of Group management, reporting directly to the Group President.

Fredrik Nordqvist will become CEO of the Holmen Energi business area. Fredrik’s
current position is head of wind power at Holmen Energi, and he will remain in
that role. The CEO of Holmen Energi will from now on report to the Executive
Vice President and is not part of Group management.

Ola and Fredrik will be taking up their new posts immediately.

“With his knowledge and experience, Staffan Jonsson was a fantastic asset and a
highly valued colleague. During his many years at Iggesund Mill, his efforts
were invaluable in the work on cementing the mill’s position as a world-class
forest industry facility, most recently manifested in the investment in a new
recovery boiler in 2012,” says Henrik Sjölund, Group President and CEO of
Holmen.

Following the changes the Group management of Holmen consists of the following
people:

Henrik Sjölund, Group President and CEO
Anders Jernhall, Executive Vice President and CFO
Annica Bresky, CEO, Iggesund Paperboard
Nils Ringborg, CEO, Holmen Paper
Johan Padel, CEO, Holmen Timber
Sören Petersson, CEO, Holmen Skog
Lars Ericson, Director of Legal Affairs
Ola Schultz-Eklund, Technology Director
Ingela Carlsson, Communications Director

For more information, please contact:
Ingela Carlsson, Communications Director, Holmen, tel. 46 702 12 97 12
Holmen is a forest industry group that manufactures paperboard, printing paper
and sawn timber and runs forestry and energy production operations. In 2014
Holmen’s net sales were SEK 16 billion and the group has approx. 3,400
employees. Holmen’s shares are listed on Nasdaq Stockholm, Large Cap. For more
information, visit www.holmen.com