Board of Directors

Born 1959. Swedish. Chairman of the Board of Directors and board member since 2019. Member of the Remuneration Committee.

Education: M.Sc. in Mechanical Engineering, KTH Royal Institute of Technology, Stockholm, Sweden.

Other board assignments: Board member of Sandvik AB, Sunstreet Energy AB, and Comparsio AB.

Current and previous positions: Previously CEO and President Husqvarna AB,Operations Partner at IK Investment Partners Norden AB, President and CEO of Seco Tools AB, various positions within ABB.

Independent in relation to the company and the Executive Management Team as well as the company’s major shareholders.

Born 1979. British. Board member since 2020.

Education: B.Sc. (Hons) Business Information Systems Management, Bournemouth University, United Kingdom. Professional Diploma in Marketing, Charted Institute of Marketing, United Kingdom.

Other board assignments: Sweden-India Business Council (SIBC).

Current and previous positions:  President at Apollo Fire Detection Group. Previously VP BD, Innovation and Sustainability at Gunnebo, VP Commercial Development/CCO, ASSA ABLOY Opening Solutions EMEIA.

Independent in relation to the Company and the Executive Management Team as well as the Company’s major shareholders.

Born 1971. American. Board member since 2023. Member of the Audit Committee.

Education: B.Sc. in Mechanical Engineering from Bayerische Julius-Maximilian’s Universität in Würzburg, Germany.

Other board assignments: –

Current and previous assignments/positions: Managing Director of Revolent Capital Solutions. Previously President and CEO, Helios Technologies, Executive Vice President and Chief Operating Officer and interim President and CEO of Welbilt, Inc., Executive Vice President of Global Operations at The Manitowoc Company, Inc., Executive Vice President of Global Operations Oshkosh Corporation, as well as various executive positions with Wynnchurch Capital.

Independent in relation to the company and the Executive Management Team as well as the company’s major shareholders.

Born 1955. Swedish. Board member since 2019. Chairman of the Audit Committee.

Education: B.Sc. in Economics and Business Administration, Stockholm School of Economics, Sweden.

Other board assignments: –

Current and previous positions: Previously CFO, Senior Vice President Controlling and Finance, Atlas Copco AB.

Independent in relation to the company and the Executive Management Team as well as the company’s major shareholders.

Born 1978. Swedish. Board member since 2019. Member of the Remuneration Committee and the Audit Committee.

Education: M.Sc. in Economics and Business Administration, Stockholm School of Economics, Sweden.

Other board assignments: Board member of Husqvarna AB and AB Electrolux.

Current and previous positions: Head of Listed Companies at Investor AB.

Independent in relation to the company and the Executive Management Team, but not in relation to the company’s major shareholders.

Born 1969. Belgian. Board member since 2019. Chairman of the Remuneration Committee.

Education: M.Sc., Industrial engineering, K.U. Leuven, campus Geel, Belgium. Studies in mathematics, Universiteit Antwerpen, Belgium. Advanced Finance, London Business School, England. Finance for non-financials, Singapore Institute of Management, Singapore. B2B Marketing, Vlerick Business School, Belgium.

Other board assignments: Board member of SIG Group AG., member of the Audit Committee and member of the Nomination and Governance Committee, Board member of Prodrive Technologies Group B.V.

Current and previous positions: CEO and owner of L’Advance B.V. Previous Non-Executive Director of Resilux NV and Member of the Supervisory Board of Vion Food Group NV. Previous Board member of Urus Group LLC. Previous member of the Executive Board of GEA Group AG and various positions within FrieslandCampina NV, including Chief Operating Officer in the Board and Executive Director Ingredients.

Independent in relation to the company and the Executive Management Team as well as the company’s major shareholders.

Born 1963. German. Board member since 2019.

Education: Degree in Mechanical Engineering, Technical University of Braunschweig, Germany. Doctoral Degree/Dr.-Ing., Process Engineering, Technical University of Braunschweig, Germany. Advanced Management Programme, INSEAD.

Other board assignments: Board member of Arbonia AG and BBC Group AG. Non-Executive Director of INNIO Group, OIKOS International and STULZ GmbH. Member of the Foundation Board of Friedhelm Loh Stifung. Member of the Supervisory Board of Testo Management SE.

Current and previous positions: CEO and owner of Voiglaender Board Advisory. CEO of Vaillant Group.

Independent in relation to the company and the Executive Management Team as well as the company’s major shareholders.

Born 1980. American. Board member since 2025.

Education: Studies in communication at Campbell University and in business administration at Medaille College.

Other board assignments: Executive Committee of the Women’s Foodservice Forum (non-profit).

Current and previous positions: President Global Markets & Global Chief Operations Officer of Pizza Hut, Yum! Brands. Former President, Siren Retail & SVP, U.S. and other senior positions within Starbucks Corporation and Senior Vice President, U.S. Business Olive Garden as well as various senior positions within Darden Restaurants Inc.

Independent in relation to the company and the Executive Management Team as well as the company’s major shareholders.

Holdings: –

Born 1966. Swedish. Board member since 2019. Employee representative of the Council for Negotiation and Cooperation (PTK).

Holdings: 130 shares shares of class B

Born 1968. Swedish. Board member since 2023. Employee representative of Swedish Confederation of Trade Unions (LO).

Holdings: –