Patrik Andersson Appointed as New President and CEO for Loomis AB

Regulatory News:

The Board of Directors of Loomis AB (STO:LOOMB) has appointed Patrik Andersson as new President and CEO for Loomis AB. Patrik is 52 years old and currently President of Orkla Foods Sweden. He will join Loomis on May 9, 2016, at the latest. Lars Blecko will remain as CEO until Patrik Andersson has started in his position.

Patrik Andersson has a degree in international business and economics from the University of Lund and he has long experience in Swedish and international sales. Patrik has, among other things, worked in senior management positions within the Unilever group for 12 years, as President for Wasabröd globally within the Barilla group and also as President and CEO for the Norwegian listed food company Rieber&Son during 2008 to 2012. Patrik is also a board member of Spendrups Bryggeri AB.

"Patrik Andersson has a solid background within marketing, sales and corporate management and he has extended experience of international business within the, for Loomis, important retail segment. With Patrik as a new President and CEO Loomis will have an excellent successor of Lars Blecko. Patrik will lead and prioritize Loomis increased focus on growth” says Alf Göransson, Chairman of the Board of Loomis.

November 9, 2015

Loomis offers secure and effective comprehensive solutions for the distribution, handling, storage and recycling of cash and other valuables. Loomis’ customers are banks, retailers and other companies. Loomis operates through an international network of around 400 branches in more than 20 countries. Loomis employs around 21,000 people and had revenue in 2014 of SEK 13.5 billion. Loomis is listed on NASDAQ OMX Stockholm Large-Cap list.

Loomis AB discloses the information provided herein pursuant to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 8.00am CET on November 9th, 2015.

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