Mikael Johansson appointed VP Strategy in Eltel Group

Mikael Johansson has been appointed as VP Strategy in Eltel Group. He will also
become a member of Eltel’s management team. Johansson joined Eltel in 2010 and
moves to the new position from the position of Director, Strategic Development
Projects.
This new group role and appointment is aimed at strengthening Eltel’s management
team by enhancing capacity to drive group-wide strategy processes, further
implementation of Eltel Way and processing of strategic M&A opportunities.

Mikael Johansson is a graduate of Uppsala University in Sweden where he has
received a Bachelor’s degree in Computer Science in 2001 and Master’s degree in
Business and Economics in 2003. After his graduation he joined Bredbandsbolaget
(part of Telenor Group) as Manager DSL Delivery in years 2003 to 2005. In 2005
-2010 he was a management consultant with BearingPoint and later Deloitte,
leading large finance transformation projects and performance management
engagements.

Mikael Johansson will start in the new position on September 1, 2015. In his new
position he will report to Eltel Group CEO, Axel Hjärne.

For more information, please contact
Gunilla Wikman, Investor Relations Manager at Eltel AB
Tel: +46 725 843 630, gunilla.wikman@eltelnetworks.se

Hannu Tynkkynen, Senior Vice President, Group Communications at Eltel AB
Tel: +358 40 3114503, hannu.tynkkynen@eltelnetworks.com

About Eltel
Eltel is a leading European provider of technical services for critical
infrastructure networks – Infranets – in the segments of Power, Communication
and Transport & Security, with operations throughout the Nordic and Baltic
regions, Poland, Germany, the United Kingdom and Africa. Eltel provides a broad
and integrated range of services, spanning from maintenance and upgrade services
to project deliveries. Eltel has a diverse contract portfolio and a loyal and
growing customer base of large network owners. The number of employees is
approximately 8,600 and in 2014, Eltel net sales amounted to EUR 1,242 million.
Eltel’s share is listed on Nasdaq Stockholm since February 2015.