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Non Regulatory

Alimak announces new Head of Communications & IR

Alimak Group (Nasdaq: ALIG), the vertical access solution company, is pleased to announce the appointment of Sofia Wretman as new Head of Communications & Investor Relations.

Sofia has more than ten years of experience from strategic communications. Prior to joining Alimak, she held a position as a senior consultant at one of the largest communication agencies in Sweden; Hallvarsson & Halvarsson, where she worked with communications and IR for more than eight years. Sofia has also worked as communications manager at SAS Institute Sweden; a global leader in analytics and business intelligence.

Commenting on the appointment, Tormod Gunleiksrud, CEO of Alimak said; I am happy to welcome Sofia to Alimak Group. She will assume the overall responsibility for communication within the Group and she will also be a member of the executive management team. We see the recruitment of Sofia as a natural step in enhancing the communication with all our stakeholders, especially following our IPO on Nasdaq Stockholm last year.

Sofia will assume her position on February 1, 2016 and will replace John Womack who has held the position on an interim basis since March 2015.

For more information, please contact:

Tormod Gunleiksrud, CEO, Phone: +46 8 402 14 42

About Alimak Group

Alimak is a global market leader and pioneer in designing, developing, manufacturing, distributing and servicing industrial vertical access solutions. The company provide high quality hoists, elevators and platforms primarily for the industrial and construction sectors. Alimak has a global sales, services and distribution platform across more than 60 countries with strong market positions. The company has a well-established and highly resilient aftersales business and its large global installed base of ca. 21,000 units provides unique know-how into its customer's needs. Alimak was founded in 1948, is headquartered in Stockholm and employ over 1,100 people across the world. The Group had revenues of SEK 1.8 billion in 2014.