Görgen Johansson appointed Head of Saab's Dynamics Business Area

Regulatory News:

Defence and security company Saab (STO:SAABB) has appointed Görgen Johansson as Head of its Dynamics business area. He takes up his position on 1 January 2013 and will be part of the Group Management Team (GMT).

Görgen Johansson has had a long career at Saab and has broad financial and industrial competence. Since 1 March 2012, Görgen has held the position of acting CFO at Saab and been part of the GMT. He is 48 years old and has an MBA.

"During his time as acting CFO in Saab’s GMT Görgen has demonstrated a good understanding of Saab's business. In a situation where Saab is focusing on increasing sales globally, in a highly competitive market, Görgen will with his experience play an important role. Not least by contributing to an increased business mindset", says Håkan Buskhe, President and CEO of Saab.

As Head of business area Dynamics Görgen be working from Karlskoga, Sweden.

Görgen Johansson formally left the position as acting CFO on 1 November 2012 when Magnus Örnberg took over as CFO. Saab's GMT will from 1 January 2013 consist of 13 members when Jonas Hjelm takes up his position as Head of Market Area Americas, leaving the position as Chief Marketing Officer in Saab’s GMT. In connection with the transition to the new organisational structure, with six market areas, Saab has chosen not to replace the position of Chief Marketing Officer.

Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers’ changing needs.

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The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on November 8 at 11.00.

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