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Non Regulatory

Alimak Group appoints Charlotte Brogren as Chief Technology Officer, CTO

We are pleased to announce that Charlotte Brogren (age 54) has been appointed Chief Technology Officer for Alimak Group. Charlotte Brogren will start in her new position during October 2017.

Charlotte Brogren is currently holding the position as Director General VINNOVA, The Swedish Governmental Agency for Innovation Systems. Before joining VINNOVA, she worked 15 years for ABB in various management positions within research & development, most recently, as Technology Manager for ABB's Robotics Division. She has a PhD in Chemical Engineering from the University of Lund, hold several board positions and is a member of the Royal Academy of Engineering Sciences.

Charlotte Brogren will be part of Alimak Group Management Team, with responsibility for technology, innovation and product management within the Group. She will succeed Frank Klessens in the Group Management. Frank Klessens will continue in his capacity as Head of Product Management for the Alimak Hek brand.

"We are very pleased to welcome Charlotte Brogren to Alimak Group. Charlotte has a broad, in-depth industrial experience within technology and innovation, and she will be of great benefit to Alimak Group. We are moving towards being more of an engineering company, where the combination of safety, mechanical design, automation and digitalisation are key enablers for fulfilling our customer needs in the future. Charlotte's knowledge and experience within these areas will be important for the Group moving forward", says CEO, Tormod Gunleiksrud.

For more information, please contact:

Tormod Gunleiksrud, CEO and President, Phone: +46 8 402 14 40

About Alimak Group

Alimak Group is a world-leading provider of vertical access solutions for industrial and construction industries. With presence in more than 100 countries, Alimak develops, manufactures, sells and provides service to vertical access solutions with focus on adding customer value through greater safety, higher productivity and improved cost efficiency. The Group's products and solutions are sold under the brands Alimak Hek, CoxGomyl, Manntech and Avanti. Alimak has an installed base of more than 60,000 elevators, hoists, platforms, service lifts and building maintenance units around the world. Founded in Sweden 1948 Alimak has its headquarters in Stockholm, 12 manufacturing facilities in 8 countries and 2,400 employees around the world. www.alimakgroup.com