Nomination Committee proposes Mats Granryd as Coor’s new Chairman

Regulatory News:

Coor’s (STO:COOR) Nomination Committee has decided to propose Board member Mats Granryd as Chairman of Coor’s Board at the Annual General Meeting (AGM) 2017. Coor’s current Chairman Anders Narvinger has notified the Nomination Committee that after nine years as Chairman, he will be declining re-election at the forthcoming AGM.

Mats Granryd, born in 1962, was elected to Coor’s Board in 2016. He serves as Director General of GSMA, a global industry organization for mobile operators. Mr. Granryd was formerly CEO of Tele2 in 2010-2015, and prior to that, held executive positions in the Ericsson group.

"Mats Granryd has documented experience of leading large corporations in the technology and service sectors. I’m convinced that with Mr. Granryd as Chairman, Coor will continue to grow in the same profitable way as under Anders Narvinger’s commendable Chairmanship,” commented Nomination Committee Chairman Jan Andersson.

The Nomination Committee’s other proposals will be stated in the invitation to the AGM, published in good time prior to the AGM, which will be held at 3:00 p.m. at Kista Entré, Kista, Stockholm, Sweden on 4 May 2017.

The Members of the Nomination Committee are: Jan Andersson (Chairman of the Committee, Swedbank Robur Fonder), Jan Särlvik (Nordea Funds), Ulrika Danielson (Andra AP-fonden, Second AP Fund), Malin Björkmo (Handelsbanken Funds) and Chairman of the Board Anders Narvinger.

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, NCC, Politiet (Danish Police), Saab, Sandvik, SAS, Skanska, Statoil, Telia, Swedish Transport Administration, Vasakronan and Volvo Cars.

Coor was founded in 1998 and is listed on Nasdaq Stockholm since 2015. At 30 June, 2016, the company had 6,300 employees (FTE) based mainly in Sweden, Denmark, Norway and Finland, and annual sales of SEK 7,600 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

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

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