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2016-10-18

Haldex: Haldex' CEO resigns for new position

Haldex' CEO, Bo Annvik, has informed the Board of directors that he is
resigning, as he has been appointed CEO of Indutrade.

"The board greatly appreciates Bo Annvik's contribution to Haldex.
When he joined in 2012, the company needed a new strategy and
improved profitability. Under his management the agreed plan was
delivered which has resulted in significantly increased profitability
and a strengthened market position. We wish him further success in
his new role at Indutrade.", says Göran Carlson, chairman of the
Haldex board of directors.

"I've been privileged to lead one of Sweden's greatest companies." Bo
Annvik said. "I will miss the dedicated and skilled people at Haldex.
I truly have enjoyed my time at Haldex but has now got the
opportunity to move into another new exciting and challenging role."

Bo Annvik will stay as President and CEO until further notice, at the
most six months under his resignation period. The Board will
immediately initiate a process to recruit a successor.

For further information visit http://corporate.haldex.com or contact:

Göran Carlson, Chairman of the board, +46 707-58 79 97
Bo Annvik, President & CEO, +46 418 476000
Catharina Paulcén, SVP Corporate Communications,
catharina.paulcen@haldex.com or +46 418-476157

Haldex AB (publ) is required to publish the above information under
the EU Market Abuse Regulation. The information was submitted for
publication by the Haldex media contact stated in the release on
October 18, 2016 at 7.30 CEST.

About Haldex

With more than 100 years of intensely focused innovation, Haldex holds
unrivaled expertise in brake systems and air suspension systems for
heavy trucks, trailers and buses. We live and breathe our business
delivering robust, technically superior solutions born from deep
insight into our customers' reality. By concentrating on our core
competencies and following our strengths and passions, we combine
both the operating speed and flexibility required by the market.
Collaborative innovation is not only the essence of our products - it
is also our philosophy. Our 2,100 employees, spread on four
continents, are constantly challenging the conventional and strive to
ensure that the products we deliver create unique value for our
customers and all end-users. We are listed on the Nasdaq Stockholm
Stock Exchange and have net sales of approximately 4.8 billion SEK.

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http://news.cision.com/haldex/r/haldex--ceo-resigns-for-new-position,c21...
http://mb.cision.com/Main/1432/2102925/576146.pdf

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