Coor Service Management and Borealis extend collaboration

Borealis has chosen to extend its agreement with Coor Service Management for
delivery of integrated support services. The contract is worth some SEK 115 m
annually and is being extended for another two years from April 1, 2016.
Borealis manufactures products including plastic raw materials for sanitation
distribution pipes, energy and communications cables and complex packaging
solutions. The agreement means that Coor will continue to develop and deliver
integrated workplace and property service to Borealis 1,300 staff across 140
sites at the plant in Stenungsund, Sweden.

“We’re extremely proud of the continued confidence Borealis has shown us by
extending the agreement, which confirms that we satisfy Borealis’ high
expectations. Our task now is to continue to develop our services alongside
Borealis to deliver optimum operations support. Our joint aim is to set a new
standard for the facility management services we provide,” commented Mikael
Stöhr, President and CEO of Coor Service Management.

The service delivery includes property maintenance, refurbishment and extension,
snow clearance, recycling, reception, switchboard, mail management, restaurants,
cleaning and security and surveillance. Coor will also be introducing its new
smart services Coor SmartDisplay, SmartResponse and SmartFlow.

“Our collaboration with Coor has worked very well over the years, and our KPIs
continue to improve. We’re currently at an exciting stage where several of
Coor’s innovative, smart solution are about to be implemented, with the aim of
adapting our workplace environment to the latest progress. The partnership with
Coor enables us to continuously improve our service delivery,” commented Lars
Wiberg, Plant Availability & Engineering Manager at Borealis.

For more
information,
images etc.,
please visit
www.coor.com
or contact:
Jim Rendahl   Business Unit     +46 10 559 61 52  jim.rendahl@coor.com
              Manager,
              Coor Service
              Management in
              Sweden
Mikael Stöhr  VD och            +46 10 559 59 35  mikael.stohr@coor.com
              Koncernchef,
              Coor Service
              Management
Åsvor         Kommunikations-   +46 10 559 59 83  asvor.brynnel@coor.com
Brynnel       och
              Hållbarhetschef,
              Coor Service
              Management

The information is disclosed pursuant to the Swedish Financial Instruments
Trading Act. The information was submitted for publication on December 7, 2015
at 08:30 CET.