AAK Annual Report 2016

Board of Directors Melker Schörling Chairman of the Board of Directors Elected in: 2005 (Karlshamns AB 2001) Born: 1947 Nationality: Swedish Main occupation: Chairman of the Board of Directors of Melker Schörling AB Qualifications: BSc. in Economics and Business Administration Professional background: CEO of a number of companies, including Securitas AB 1987–1992 and Skanska AB 1993–1997 Other directorships: Chairman of the Board of Directors of Hexagon AB and HEXPOL AB. Member of the Board of Directors of Hennes & Mauritz AB Holdings in AAK: Melker Schörling AB holds 13,899,301 shares in AAK Arne Frank Elected in: 2010 Born: 1958 Nationality: Swedish Main occupation: President and CEO AAK AB Qualifications: MSc. Industrial Engineering and Management Professional background: Chairman, CEO and President of TAC, Executive VP of Building Automation Business Unit at Schneider Electric SA, Chairman and CEO of Carl Zeiss Vision Holding GmbH Other directorships: Member of the Board of Directors of Alfa Laval AB, Chairman of the Board of Directors of Inwido AB Holdings in AAK: 346,550 shares (together with family through own company) Ulrik Svensson* Elected in: 2007 Born: 1961 Nationality: Swedish Main occupation: CEO Melker Schörling AB until December 31, 2016 Qualifications: BSc. in Economics and Business Administration Professional background: CFO of several listed companies, including Swiss International Airlines and Esselte Other directorships: Member of the Board of Directors of Assa Abloy AB, HEXPOL AB, Loomis AB, Hexagon AB and Flughafen Zürich AG Holdings in AAK: None *Resigned from the Board of Directors on December 31, 2016. Members of the Board of Directors appointed by the employees Leif Håkansson AAK Sweden AB Appointed by IF-Metall Elected in: 2005 Born: 1957 Nationality: Swedish Main occupation: Senior positions in trade unions and local and regional government and board work Qualifications: Electrical engineering Holdings in AAK: None Annika Westerlund AAK Sweden AB Appointed by PTK-L Elected in: 2005 Born: 1956 Nationality: Swedish Main occupation: Laboratory Assistant Qualifications: Technical College Holdings in AAK: None 30