Coor Service Management Announces Proposed New Board of Directors

Regulatory News:

The Nomination Committee of Coor Service Management Holding AB (STO:COOR) has decided to propose the 2016 Annual General Meeting to elect Mats Granryd and Heidi Skaaret as new Board members of the company. Bernt Magnusson has declined re-election.

Ahead of the Annual General Meeting, Coor Service Management’s Nomination Committee proposes increasing the Board of Directors to include one additional Director. Bernt Magnusson, who has been member of the Board of Directors at Coor since 2005, has declined re-election. The new proposed Board members are Mats Granryd and Heidi Skaaret (for more information, see below). The following Board members are proposed for re-election: Søren Christensen, Mats Jönsson, Monica Lindstedt, Anders Narvinger, Kristina Schauman and Mikael Stöhr.

The Nomination Committee also proposes re-election of Anders Narvinger as the Chairman of the Board.

The Nomination Committee’s goal has been to provide the Board of Directors with the overall competence and experience required to continue to lead the company’s operations optimally. The proposal also takes into account versatility as well as breadth of experience and background, and complies with the stipulations of the Swedish Code of Corporate Governance regarding non-affiliation.

Mats Granryd (born in 1962) has been Chairman of GSMA, a global industry organization for mobile operators, since 2016. Mats was President and CEO of Tele 2 between 2010 - 2015, and previously held a number of senior positions in Ericsson, including President of the company’s UK operations. Mats Granryd is a Director of Envac.

Heidi Skaaret (born in 1961) has been COO of Norwegian finance group Storebrand since 2012. She was President of Lindorff Norway in 2008 - 2012 and IKANO Bank Norway in 2001 - 2008. Heidi Skaaret was a Director of Storebrand in 2010 – 2012.

The Annual General Meeting will be held in Kista, Stockholm, Sweden on 28 April 2016 at 15:00 CET.

The Nomination Committee of Coor Service Management consists of Pontus Pettersson (Cinven via Cinoor S.á.r.l), Jan Särlvik (Nordea Funds), Ulrika Danielson (Second AP Fund), Henrik Didner (Didner & Gerge Funds) and Anders Narvinger (Chairman Coor Service Management).

For more information, images etc., please visit www.coor.com

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

The information is disclosed pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication on January 15, 2016, at 13:00 CET.

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