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Systemair AB: Changes in the Systemair Group Management

Systemair AB (NASDAQ OMX Stockholm: SYSR) change the Group Management.

Mats Lund, Vice President Production, Market Director Asia and member of
Systemair Group Management has decided to leave the company at his own
request by the 31stof December 2015. Håkan Lenjesson has been appointed new
Market Director Asia and will join the Group Management. Håkan, who is 59
years, has been working with Systemair since 2012 as Business Development
Manager and Market Director Middle East. Håkan has vast experience from the
ventilation industry and has previously worked for Munters in Saudi Arabia,
Thailand and Australia. A search process has been initiated to find a new
Vice President Production.

"Mats has been working for Systemair since 1982 with IT, purchase and
production among other things. In recent years he has been responsible for
Systemairs establishment in Asia. Mats dedicated work has been of great
importance for Systemairs international success. I would like to thank Mats
for his efforts and give him my best wishes for the future.", says Roland
Kasper, CEO Systemair.

For further information, please contact:
Roland Kasper, CEO, + 46 73 094 40 13
Anders Ulff, CFO, + 46 70 577 40 09, +46 222 44 009
Gerald Engström, Chairman, + 46 222 44 001, + 46 70 519 00 01

Systemair AB, SE-739 30 Skinnskatteberg, Sweden, +46 222 440
Systemair in brief

Systemair is a leading ventilation company with operations in 47 countries in
Europe, North- and South America, the Middle East, Asia and South Africa. The
Company had sales of SEK 5.9 billion in financial year 2014/15 and currently
employs about 4,600 people. Systemair has reported an operating profit every
year since 1974, when the Company was founded. During the past 15 years, the
Company's growth rate has averaged about 13 percent.

Systemair has well-established operations in growth markets. The Group's
products are marketed under the Systemair, Frico, VEAB, Fantech, Menerga and
Holland Heating brands. Systemair shares have been quoted on the Mid Cap List
of the OMX Nordic Exchange in Stockholm since October 2007. The Group
comprises about 60 companies.

Press release (PDF)


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Systemair AB via Globenewswire


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