Board of Directors

Report on the work of the Board of Directors

Lennart Evrell

Born 1954
Master of Science Mechanical Engineering from the Royal Institute of Technology and a degree in business administration from Uppsala University
Board member and Chairman of the Board since 2021
Nationality: Swedish

Current appointments:
Board member at Svenska Cellulosa Aktiebolaget SCA

Previous appointments:
Director: Epiroc AB, ICA Gruppen Aktiebolag, Confederation of Swedish Enterprise and Swedish Association of Industrial Employers
CEO: Boliden, Sapa and Munters.

Independent in relation to the Company and its major shareholders.

Magnus Groth

Born 1963
Master of Science in Economics and Business Administration from the Stockholm School of Economics as well as a Master of Science in Avionics and Naval Sciences from the Royal Institute of Technology (KTH)
Board member since 2026
Nationality: Swedish

Current appointments:
Director and member of the audit committee: Wallenius Wilhelmsen

Previous appointments:
Director: Essity AB, Vinda International Holdings Limited, Acando AB and Svenska Cellulosa Aktiebolaget SCA
CEO: Essity AB, Svenska Cellulosa Aktiebolaget SCA, Studsvik AB and Enron Nordic Energy

Independent in relation to the Company and its major shareholders.

Holding: 0

Heikki Malinen

Born 1962
Master of Business Administration from Harvard Business School as well as a Master of Science in International Economics from Aalto University
Board member since 2026
Nationality: Finnish

Current appointments:
President and CEO: Neste

Previous appointments:
Director: Neste, Outokumpu and Realia
CEO: Outokumpu, Posti Group and Pöyry Group (now AFRY Group)

Independent in relation to the Company and its major shareholders.

Holding: 0

Petra Einarsson

Born 1967
BSc (Business Administration and Economics)
Board member since 2014
Nationality: Swedish

Current appointments:
Director: Alimak Group AB, Biokraft International AB and Norsk Hydro

Previous appointments:
President and CEO: BillerudKorsnäs AB
EVP: Sandvik Group
Senior positions: Sandvik Materials Technology
Member of the Executive Board: Confederation of Swedish Enterprise
Chairman of the Board: Swedish Steel Producers’ Association

Independent in relation to the Company and its major owners.

Marie Grönborg

Born 1970
MSc (Eng.) Chemical Engineering
Board member since 2019
Nationality: Swedish

Current appointments:
Director: Permascand Top Holding AB, Eolus Vind AB and Anduro Clean Technologies Inc

Previous appointments:
President and CEO: TreeToTextile AB and Purac AB
EVP: Perstorp Group, Business Area Specialties & Solutions
Senior positions: Perstorp Group and Formox AB

Independent in relation to the Company and its major shareholders.

Maija Strandberg

Born: 1969
MSc, Economics from Turku School of Economics, Finland
Board member since 2021
Nationality: Finnish

Current appointments:
Director General at the Finnish Prime Minister's office, Government Ownership Steering Department
Chair of nomination committee: Neste Oyi, Finnair Oyj and Fortum Oyj
Member of nomination committee: Municipality Finance Plc

Previous appointments:
Senior Financial Counsellor at the Finnish Prime Minister’s office, Government Ownership Steering Department
Director: Neova Oy, Nordic Morning Group, Exel Composites, VR Group, Dustin Group, Danske Bank Oyj Finnair Oyj and Fortum Oyj
CFO: Uponor Oyj
Vice President: Finance at Valmet
Several senior positions: ALSO, John Deere, Timberjack, Huhtamäki

Independent in relation to the Company as well as in relation to the Company’s major shareholders.

Kerstin Enochsson

Born 1975
Master of Laws from Freie Universität Berlin, Germany, and an MBA from ESCP Business School, Paris, France
Board member since 2024
Nationality: German and Swedish

Current appointments:
President, Automotive at AB SKF

Previous appointments:
Head of Procurement and Supply Chain, as well as Vice President Corporate Strategy & Project Office at Volvo Car Group
Global Director Parts at Volvo Construction Equipment

Independent in relation to the Company and its major shareholders.

Pierre Heeroma

Born 1957
Bachelor of Science in Geology Mineralogy and Tectonics, Uppsala University
Board member since 2024
Nationality: Dutch

Current appointments:
CEO of Scandinavian Ferrous and Non-Ferrous Metal Discovery AB

Previous appointments:
Senior Vice President, Business Development, Exploration and Strategic Projects at LKAB
Senior Vice President, Strategy and Business Development at Boliden AB

Independent in relation to the Company and its major shareholders.