Nomination Committee’s proposal for Board of Directors of AB SKF

<p style="text-align: center;"><img src="/ueditor/php/upload/image/20230213/1676275796120523.png" title="1676275796120523.png" alt="2.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">SKF’s Nomination Committee proposes Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén as new Board members of AB SKF.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Beth Ferreira is Divisional Managing Director, Precision Engineering at IMI plc. She has previously held several senior positions, including as group president for several different business areas for Illinois Tool Works (ITW).</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Therese Friberg is Group CFO and Executive Vice President of Electrolux. She has held several senior positions within the Electrolux Group, including as CFO and managing controller for different business areas.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Richard Nilsson is Investment Director at FAM AB and board member of Stora Enso Oyj, IPCO AB, GROPYUS AG and Cinder Invest AB. He was previously equity research analyst at SEB Enskilda, Alfred Berg and Handelsbanken.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Niko Pakalén is partner at Cevian Capital and board member of TietoEvry Oyj. He has previously held leading positions within Cevian Capital and worked at Danske Bank.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Colleen Repplier has declined re-election at the Annual General Meeting 2023.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">The Nomination Committee proposes that the Board of Directors shall consist of ten members and no deputy members. In addition to the proposed four new elections the Nomination Committee proposes re-election of the Board members Hans Str?berg, Hock Goh, Geert Follens, H?kan Buskhe, Susanna Schneeberger and Rickard Gustafson.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Hans Str?berg is proposed to be the Chair of the Board of Directors.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">The Nomination Committee&#39;s additional proposals will be published in conjunction with the notice of the Annual General Meeting 2023.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">The Nomination Committee for the Annual General Meeting 2023 consists of Marcus Wallenberg, FAM, Christer Gardell, Cevian Capital, Anders Algotsson, AFA F?rs?kring and Anders Jonsson, Skandia, together with the Chair of the Board of Directors Hans Str?berg.</span></p><p><br/></p>