Coor Service Management extends collaboration with Gjensidige

Insurance group Gjensidige has chosen to extend and expand its collaboration
with Coor Service Management. For Coor’s part, the agreement relates to delivery
of damage services (decontamination) totaling an estimated contract value of
some NOK 110 m annually.
Gjensidige is a leading Nordic non-life insurance group. In connection with a
review of contracted damage service companies active in the management and
decontamination of damages affecting insurance company customers, Skadegruppen
(which includes Coor) has been allocated increased damage services volumes. Coor
estimates the total contract value at some NOK 110 m annually, corresponding
approximately to a 30% increase compared to previous volumes. The new agreement
is effective from January 2016 and spans three years.

“Coor is one of the leading damage services players in Norway, and we are
delighted that Gjensidige has decided to renew their agreement with us.
Gjensidige is a customer with high demands on quality and delivery accuracy, and
we look forward to continue developing our delivery together with them,”
commented Mikael Stöhr, President and CEO of Coor Service Management.

More
information,
press images
etc are
available on
www.coor.com.
For
additional
information,
contact:
Klas Elmberg   President, Coor     +47 452  klas.elmberg@coor.com
               Service Management  38 125
               in Norway
Mikael Stöhr   President and CEO,  +46      mikael.stohr@coor.com
               Coor Service        10 559
               Management          59 35
Åsvor Brynnel  Communications and  +46 10   asvor.brynnel@coor.com
               Sustainability      559 59
               Manager,            83
               Coor Service
               Management

The information is disclosed pursuant to the Swedish Financial Instruments
Trading Act. The information was submitted for publication on January 18, 2016,
at 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