New President Appointed to Sandvik Construction

  New President Appointed to Sandvik Construction

Business Wire

SANDVIKEN, Sweden -- May 31, 2013

Regulatory News:

Sandvik (STO:SAND):

Dinggui Gao has been appointed President of Business Area Sandvik Construction
and member of the company’s Group Executive Management. He has experience from
leading positions in global industrial companies.

Sandvik Construction is specialized in equipment, tools and service for niche
applications in the construction industries. In 2012 Sandvik Construction was
designated a core business area within Sandvik. Sales reached 9,7 BSEK and it
introduced more than 30 new products for the business area’s different
customer segments and markets.

Dinggui Gao is 49 years of age. He was previously at MAN Group as its
executive representative at one of its invested companies, Sinotruk Hong Kong
Ltd. Prior to this, he was employed by Honeywell, Eagle Ottawa and also for
more than a decade held progressive leading positions in the Bosch group.

“I look forward to Dinggui Gao joining us at Sandvik. His experience and
background are valuable for us, particularly his background within
international business environments which are of great significance for
Sandvik, being a corporation with a strong global position,” says Sandvik’s
President and CEO, Olof Faxander.

Dinggui Gao takes on his new position at a date that will be announced later.

Stockholm, 31 May 2013

Sandvik AB

The information was submitted for publication at 10:00 CET on 31 May 2013.

The Sandvik Group Sandvik is a global industrial group with advanced products
and world-leading positions in selected areas – tools for metal cutting,
equipment and tools for the mining and construction industries, stainless
materials, special alloys, metallic and ceramic resistance materials as well
as process systems. In 2012 the Group had about 49,000 employees and
representation in 130 countries, with annual sales of about 99,000 million

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Sandvik AB
Pär Altan
Vice President Group External Communications
tel: +46 8456 12 37
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