Anders Quist named Head of Business Development for Axfood AB

Anders Quist named Head of Business Development for Axfood AB

Anders Quist, Vice President of Willys AB, has been named as the new Head of
Business Development for Axfood AB. He will assume his new position on 1
September.

Quist, 54, has a long record of experience in both the Axfood Group and the
Swedish retail food industry. At Axfood he participated from the start in 2000
in the development of the Willys chain, while in the retail food industry he
started discount retailing in Stenungsund and participated in the development of
the Billhäll chain, which eventually became part of Axfood. Anders Quist also
has seven years of experience as a grocer with three of his own stores. 

“I have worked by entire adult life in food retailing, and business development
is a natural part of my professional aspiration. It is also important for a
group like Axfood to have someone outside of the line operations who can focus
full-time on product-line strategy, pricing and concept changes. I am truly
looking forward to this,” says Quist. 

Anders Strålman, President and CEO of Axfood comments: “With the current rapid
pace of development in the retail food industry, we need someone with Anders
Quist's experience, know-how and contact network in our strategic work.”

Anders Quist will assume his position as Head of Business Development on 1
September and will be a member of the Executive Committee, which will be
increased to eleven persons. 

Anders Quist, Head of Business Development, Axfood AB, +46-31 733 31 02, 
or +46-70 828 42 82
Cecilia Giertta, Head of Corporate Communications, Axfood AB, +46-70 593 64 08 
Ingmar Kroon, Press Manager, Axfood AB, +46-70 255 22 72

Axfood AB conducts retail trade through the wholly owned store chains Hemköp,
Willys and Willys hemma, comprising slightly more than 220 stores, and wholesale
trade through Dagab and Axfood Närlivs. In addition, Axfood collaborates with a
number of proprietor-run stores that are tied to Axfood through agreements.
These include stores within the Hemköp chain as well as stores run under the
Handlar'n and Tempo profiles. In all, Axfood collaborates with over 500
proprietor-run stores. Axfood is listed on the Nordic Large Cap list of the OMX
Nordic Exchange. Axel Johnson AB is the principal owner, with approximately 46%
of the shares.