Husqvarna AB: Changes in Husqvarna Group Management

  Husqvarna AB: Changes in Husqvarna Group Management

Business Wire

STOCKHOLM -- January 23, 2013

Regulatory News:

Husqvarna Group (STO:HUSQB) has made two changes in Group Management as of
January 23, 2013. Michael Jones, EVP and Head of business unit Americas, has
decided to leave the Group. Nicolas Lanus has been appointed EVP and Head of
business unit Sales and Service Asia/Pacific and will become new member of
Group Management.

Earl Bennett, Vice President and General Counsel for Americas, has been
appointed Acting Head of Americas, effective as of January 23, 2013. He will
become member of Group Management until a replacement has been recruited.

Michael Jones joined Husqvarna in 2009. “I thank Michael Jones for his
valuable contributions to the Group and wish him all the best with his future
endeavors”, says Hans Linnarson, President and CEO of Husqvarna Group.

Nicolas Lanus, the new Head of Sales and Service Asia/Pacific, joined
Husqvarna in 2001 and has held numerous leadership roles within sales,
marketing, product management and business development across Europe, Latin
America and Asia/Pacific. Most recently he has held the position as Vice
President Sales and Service for the Asia/Pacific region.

“Nicolas has broad experience within sales and business leadership. His
knowledge of the various markets in the region Asia/Pacific will be of great
importance for driving sales,” says Hans Linnarson, President and CEO of
Husqvarna Group.

The above information has been made public in accordance with the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
published at 19.30 on January 23, 2013.

Husqvarna Group

The Husqvarna Group is the world’s largest producer of outdoor power products
including chainsaws, trimmers, lawn mowers and garden tractors. The Group is
also the European leader in consumer watering products and one of the world
leaders in cutting equipment and diamond tools for the construction and stone
industries. The product offering includes products for both consumers and
professional users. The Group’s products are sold via dealers and retailers in
more than 100 countries. Net sales in 2011 amounted to SEK 30 billion, and the
average number of employees was approximately 15,700.

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Contact:

Husqvarna AB
Cathrine Stjärnekull, Corporate Communications Manager
+46 8 738 90 80
press@husqvarnagroup.com
or
Tobias Norrby, Investor Relations Manager
+46 8 738 93 35