Management changes at Coor Service Management

AnnaCarin Grandin has been appointed as Coor Sweden’s new President, effective
from 1 January 2016. Nikolai Utheim has been appointed as new President of Coor
in Norway, effective from 1 March 2016, and will be replacing Klas Elmberg, who
is taking up a new position as Executive Vice President of Coor in Sweden.
AnnaCarin Grandin has been appointed new President of Coor in Sweden, effective
from 1 January 2016. She is currently Senior Vice President in the Swedish
operations and is replacing Ulf Wretskog, who has chosen to leave the company.
AnnaCarin Grandin has held a range of management positions in Coor since 2001.
This means she has solid experience of Coor’s operations and that she is well
known by many of Coor’s customers and employees. Her operational result-oriented
focus and strong customer relations profile give her the required
characteristics to continue to develop the SwedishKlas Elmberg has been
appointed as new Executive Vice President of Coor in Sweden, effective from 1
March 2016. Klas began his career with Coor in Operations Development in 2008,
but passed quickly on to the operations and has held various operational
management positions since then. Klas’ strong leadership skills and his
understanding of Coor’s key profit drivers led to his appointment as President
of Coor in Norway in 2014, and from 1 March 2016 as Executive Vice President of
Coor in Sweden.

Klas Elmberg is being replaced by Nikolai Utheim, currently CFO of Coor in
Norway. Nikolai joined Coor in sales of major IFM contracts, and has been CFO of
Coor in Norway since 2011. Coor’s Norwegian operations have grown substantially
in recent years and Nikolai’s sales experience, coupled with his profit focus,
make him a strong replacement for Klas. The process of recruiting a new CFO of
Coor in Norway is underway.

“I’m delighted with the new arrangement. AnnaCarin Grandin and Klas Elmberg make
a strong leadership team in Sweden, and they have the required experience and
operational strengths. At the same time, we’ve achieved an excellent solution in
Norway, where growth in recent years has been strong and where we will now
benefit from having a Norwegian at the helm”, commented Mikael Stöhr, President
and CEO of Coor Service Management. “It’s also particularly pleasing to
recognize and promote internal talent. This shows that Coor has excellent
leaders, which is a key factor in our success. I would also like to thank Ulf
Wretskog for the substantial commitment and effort he’s contributed during his
fourteen years at Coor.”

As a result of the appointments, AnnaCarin Grandin and Nikolai Utheim will be
joining the Executive Management Team (EMT). Klas Elmberg will remain in EMT.
Although Ulf Wretskog is leaving EMT, he will remain at the disposal of group
management for a period after year-end.

More
information,
press images
etc. are
available on
www.coor.com.
For further
information,
please
contact:
Mikael Stöhr   President and   +46        mikael.stohr@coor.com
               CEO,            10 559 59
               Coor Service    35
               Management
Åsvor Brynnel  Comms. and      + 46       asvor.brynnel@coor.com
               Sustainability  8 553 954
               Manager,        04
               Coor Service
               Management

The information is disclosed pursuant to the Swedish Financial Instruments
Trading Act. The information was submitted for publication on 1 December, 2015,
8:30 CET.
Coor Service Management (Coor) is a leading provider of facility management
services in the Nordics, focusing on integrated and complex service undertakings
(IFM). Coor offers specialist expertise in workplace services (soft FM),
property services (hard FM) and strategic advisory services for development of
customers’ service activities. Coor creates value by executing, leading,
developing and streamlining its customers’ service activities, ensuring that
they provide optimal support to the core business over time. Coor’s customer
base includes many large and small companies and public-sector organisations
across the Nordic region, including AB Volvo, Aibel, Det Norske Veritas, E.ON,
Ericsson, EY, ICA, NCC, Politiet (Danish Police), Saab, Sandvik, SAS, Skanska,
Statoil, TeliaSonera, Swedish Transport Administration, Vasakronan and Volvo
Cars.

Coor was founded in 1998 and is listed on Nasdaq Stockholm since 2015. At 30
June 2015 the company had 6,800 employees based mainly in Sweden, Denmark,
Norway and Finland, and annual sales of SEK 7,400 million (rolling twelve-month
basis). Coor takes responsibility for the operations it conducts, in relation to
its customers, employees and shareholders, as well as for its wider impact on
society and the environment. Read more at www.coor.com