Bulten awarded new FSP contract from new customer within the Chinese automotive industry with a total value of approximately SEK 60 million

Bulten has been awarded a new FSP (Full Service Provider) contract for supply of
fasteners to a Chinese automotive manufacturer. The total order value is of
approximately SEK 60 million over two years initially. The deliveries will start
and ramp up during 2017 and are expected to reach full volumes in 2018.
“An important part of our strategy for organic growth is to expand on growth
markets. The fact that we have signed a contract with a new customer in China is
very pleasing and means that we are advancing our position on the Chinese
market,” says Tommy Andersson, President and CEO of Bulten.

The technical competences within Bulten, along with many years of experience of
successfully supplying complex and critical fasteners to the automotive
industry, were the main contributors in winning this contract.

For further information, please contact:

Tommy Andersson, President and CEO
Tel: +46 (0)31-734 59 00, e-mail:media@bulten.com

Bulten discloses the information provided herein pursuant to the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 08:30 CET on January 14, 2016.

Bulten AB (publ) is one of the leading suppliers of fasteners to the
international automotive industry. The company’s product range includes
everything from customer-specific standard products to specialist, customized
fasteners. The company also provides technical development, line-feeding,
logistics, material and production expertise. Bulten offers a Full Service
Provider concept or parts thereof. Bulten AB (publ):s share is listed on Nasdaq
Stockholm. Read more at www.bulten.com.