Coor Service Management extends and expands collaboration with Saab

Defense and security group Saab has chosen to extend and expand its
collaboration with Coor Service Management for a further five years. The
agreement means that Coor will continue to deliver and develop several services
for Saab at most of its sites in Sweden. The new contract also includes Saab’s
plant in Karlskrona.
The defense and security group Saab is a leading global manufacturer in multiple
areas of military defense with manufacturing facilities at a number of sites
across Sweden. The agreement relates to integrated facility management
comprising fixed subscription services with the potential for additional project
volumes worth some SEK 260 m annually. The agreement is being extended for five
years.

“We’re incredibly proud of extending our collaboration with Saab, a customer
with high demands on quality and efficiency. We take every assignment as a proof
of confidence, and our ambition now is to deepen and develop the collaboration
in close partnership with Saab,” commented Mikael Stöhr, President and CEO of
Coor Service Management.

The agreement means that Coor will continue to develop and deliver a number of
high-quality, cost-effective services, mainly comprising property services and
cleaning, but also for example mail handling, conference services, waste
management as well as project management and refurbishment. The extended
agreement also implies an increased focus on development projects and energy
optimization. The new assignment also includes service delivery to Saab’s
Karlskrona site, which means that a further 13 members of staff will be joining
Coor Service Management.

“Our objective is to create solid, cost-effective operational solutions. We’ve
worked on harmonizing service levels across our sites and offices for some years
now, and this work is set to continue,” commented Torbjörn Nibelius, Head of
Property at Saab.

For more
information,
images etc.,
please visit
www.coor.com
or contact:
Mikael Stöhr  CEO and President,    +46     mikael.stohr@coor.com
              Coor Service          10 559
              Management            59 35
Magnus        Business Unit         +46     magnus.wikstrom@coor.com
Wikström      Manager,              10 559
              Coor Service          50 95
              Management in Sweden
Åsvor         Head of               +46 10  asvor.brynnel@coor.com
Brynnel       Communications- and   559 59
              Sustainability,       83
              Coor Service
              Management

The information is disclosed pursuant to the Swedish Financial Instruments
Trading Act. The information was submitted for publication on December 14, 2015
at 08:30 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