Sami Eronen Appointed Head of Ruukki Construction at SSAB

Regulatory News:

Sami Eronen has been appointed Head of Ruukki Construction, a subsidiary of SSAB (STO:SSABA) (STO:SSABB) (HEX:SSABAH) (HEX:SSABBH), as of December 1, 2016. Sami Eronen will report to the Board of Directors of Ruukki Construction Oy and to the President and CEO of SSAB, Martin Lindqvist.

Sami Eronen joins Ruukki Construction from SSAB Europe division, where he is currently Head of Supply Chain Management and IT. Sami has a sound track record in the steel construction business. Before working for SSAB Europe he worked many years for Rautaruukki Corporation, where his responsibilities included the building projects business, building construction in Northern Europe and infrastructure construction. The interim head of Ruukki Construction, Jarmo Tonteri, will leave the company as of November 30, 2016.

"Jarmo has successfully led Ruukki Construction through restructuring and I want to thank him for a job well done. I’m convinced that Sami, with his thorough background in the industry, is the right person to lead and develop Ruukki Construction going forward,” said Martin Lindqvist.

Ruukki Construction is a European provider of energy-efficient building and construction solutions serving the construction industry and is part of the SSAB Group.

SSAB AB is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on September 27, 2016 at 8.00am CEST.

SSAB is a Nordic and US-based steel company. SSAB offers value added products and services developed in close cooperation with its customers to create a stronger, lighter and more sustainable world. SSAB has employees in over 50 countries. SSAB has production facilities in Sweden, Finland and the US. SSAB is listed on the Nasdaq OMX Nordic Exchange in Stockholm and has a secondary listing on the Nasdaq OMX in Helsinki. www.ssab.com.

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