English

Transcom appoints Ulrik Englund as CFO

Stockholm, February 27, 2015

Transcom today announced that it has appointed Ulrik Englund as its Chief Financial Officer (CFO). Since 2009, Mr Englund serves as CFO of Mobile Climate Control (MCC), a wholly-owned subsidiary of Ratos AB that develops, manufactures and sells customized climate control systems for commercial vehicles. Prior to this role, Mr Englund held a number of senior finance positions at ASSA ABLOY, the largest global supplier of lock and security solutions, most recently as Group Controller. Ulrik Englund holds a Bachelor of Science degree in Finance and Accounting from Umeå University in Sweden.

Ulrik Englund will take up his position as CFO of Transcom no later than August 2015. As previously announced, Pär Christiansen, the company’s current CFO, has been appointed as Transcom’s Chief Operating Officer (COO). Mr Christiansen will remain in his current position as CFO until Mr Englund begins his position as Transcom’s new CFO.

“I am very pleased to announce the appointment of Ulrik Englund as Transcom’s new CFO. He has a strong background as a leader in the finance area, and I am convinced that he will make a strong addition to Transcom’s leadership team”, commented Johan Eriksson, Transcom’s President & CEO.

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Transcom WorldWide AB (publ) discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on February 27, 2015 at 09:00 AM CET.

For further information, please contact:

Johan Eriksson, President and CEO
Telephone +46 70 776 80 22

Pär Christiansen, CFO
Telephone +46 70 776 80 16

Stefan Pettersson, Head of Group Communications
Telephone +46 70 776 80 88