Hans Stråberg Nominated Chair of Atlas Copco

  Hans Stråberg Nominated Chair of Atlas Copco

Business Wire

STOCKHOLM -- March 21, 2014

Regulatory News:

Atlas Copco AB (STO:ATCOA) (STO:ATCOB)

Hans Stråberg, Vice Chair of Atlas Copco AB, has been proposed by the
Nomination Committee to serve as the next Chair of the Board. Shareholders
will vote on the matter at the Annual General Meeting on April 29.

Hans Stråberg, a Swedish citizen born 1957, has broad experience in leading a
multinational company. He was President and CEO of AB Electrolux between 2002
and 2010, and held various leading positions within Electrolux, both in Sweden
and the United States, since joining that company in 1983. He serves as Chair
of Roxtec AB, CTEK AB and Orchid Orthopedics Inc., and is a member of the
Board of Investor AB, N Holding AB, Mellby Gård AB and Stora Enso Oyj.
Stråberg is a member of the Atlas Copco AB Board since 2013 when he was also
elected Vice Chair.

“Atlas Copco is a fantastic company built on an innovative spirit and with an
outstanding commitment to its customers," said Hans Stråberg. “I am proud of
the nomination and hope to contribute to a continuous development with
profitable growth in the years to come if I am elected."

Stråberg has a Master of Science in mechanical engineering from Chalmers
University of Technology in Gothenburg, Sweden.

On December 18, 2013, Atlas Copco announced that Sune Carlsson, present Chair
of the Board of Atlas Copco AB, has declined reelection at the Annual General
Meeting 2014.

Photos: To view and download pictures of Hans Stråberg, please visit Atlas
Copco’s photo gallery(http://multimedia.atlascopco.com/#1395045969781_0).

Atlas Copco discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act. Atlas
Copco is a world-leading provider of sustainable productivity solutions. The
Group serves customers with innovative compressors, vacuum solutions and air
treatment systems, construction and mining equipment, power tools and assembly
systems. Atlas Copco develops products and service focused on productivity,
energy efficiency, safety and ergonomics. The company was founded in 1873, is
based in Stockholm, Sweden, and has a global reach spanning more than 180
countries. In 2013, Atlas Copco had revenues of BSEK 84 (BEUR 9.7) and more
than 40 000 employees. Learn more at www.atlascopco.com.

This information was brought to you by Cision http://news.cision.com

Contact:

Atlas Copco
Ola Kinnander
Media Relations Manager
+46 (0)8743 8060 or +46 (0)70 347 2455
 
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