Changes in Ferronordic’s Management

Ceren Wende resigns as Marketing and Communications Director.

Ceren Wende, Director of Marketing and Communication and Member of Ferronordic’s Executive Management, has decided to leave Ferronordic to pursue a new opportunity with the Volvo Group. Ceren joined Ferronordic in August 2020.

Lars Corneliusson comments: ”I want to thank Ceren for her great efforts and contribution to strengthen the marketing and communication function in Ferronordic. We wish her all the best in her new position. As Ceren returns to our main partner, I am sure we will remain in contact.”

About Ferronordic

Ferronordic is a service and sales company in the areas of construction equipment and trucks. It is the dealer of Volvo Construction Equipment, Sandvik Rock Processing Solutions and certain other brands in all of Russia and Kazakhstan, aftermarket partner of Volvo Trucks and Renault Trucks in part of Russia, and dealer of Volvo Trucks and Renault Trucks in part of Germany. The company also offers contracting services where it owns and operates equipment to carry out works for customers. Ferronordic began its operations in 2010 and now has approx. 100 outlets and approx. 1,800 employees. Ferronordic’s vision is to be regarded as the leading service and sales company in its markets. The shares in Ferronordic AB (publ) are listed on Nasdaq Stockholm. www.ferronordic.com

For investors, analysts and media:

Erik Danemar, Group CFO and Head of Investor Relations, Tel: +46 73 660 72 31, or email: ir@ferronordic.com

This information was submitted for publication on 20 May 2022, 12:00 CET.