Johan Halling, President of Atlas Copco’s Mining and Rock Excavation Technique business area, to retire

Regulatory News:

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

Johan Halling, President of Atlas Copco’s Mining and Rock Excavation Technique business area, has decided to retire. His last day in the position will be on December 31, 2016.

Johan Halling, born 1952, has been working at Atlas Copco since 1994. He has been a successful leader of Mining and Rock Excavation Technique since 2013.

"Johan is a dedicated leader who has successfully managed the mining and rock excavation business through some very challenging years,” said Ronnie Leten, Atlas Copco’s President and CEO. "We have today a profitable business area with a good foundation for the future. We thank Johan for this and for all his years in Atlas Copco.”

Johan Halling will remain employed in the Atlas Copco Group until June 30, 2017 in order to ensure a smooth transition for his successor. He will also work on current business area and Group projects.

The recruitment of his successor will start immediately.

This information is information that Atlas Copco AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact persons set out above, at 9.00 am CEST on October 3, 2016.

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 services 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 2015, Atlas Copco had revenues of BSEK 102 (BEUR 11) and more than 43 000 employees. Learn more at www.atlascopcogroup.com (http://www.atlascopco.com).

Atlas Copco’s Mining and Rock Excavation Technique business area provides equipment for drilling and rock excavation, a complete range of related consumables and service through a global network. The business area innovates for sustainable productivity in surface and underground mining, infrastructure, civil works, well drilling and geotechnical applications. Principal product development and manufacturing units are located in Sweden, the United States, Canada, China and India.

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