Presentation of proposed board members

Re-election

Clas Åke Hedström, b. 1939. Chairman since 2002, Director of Sandvik AB since 1994.
Education and business experience: MSc. Eng. President and CEO of Sandvik AB 1994–2002. President of Sandvik Tooling business area 1980–1994 and various positions within Sandvik Coromant 1965–1980. Current Board assignments: Director of AB SKF.
Shareholding in Sandvik (own and closely related persons): 225,000.
Not independent in relation to the Company.

Lars Pettersson, b. 1954. Director of Sandvik AB since 2002.
Education and business experience: MSc. Eng., PhD Honorary. President and Chief Executive Officer of Sandvik AB since 2002. Group Executive Vice President and President of Sandvik Specialty Steels business area 2000–2002. Various positions within production and management in Sandvik 1978–1999.
Current Board assignments: Director of Skanska AB, Teknikföretagen and the Royal Institute of Technology in Stockholm.
Shareholding in Sandvik (own and closely related persons): 113,443.
Not independent in relation to the Company.

Georg Ehrnrooth, b. 1940. Director of Sandvik AB since 1997.
Education and business experience: Graduate engineer, D.Tech. Honorary. President of Metra Oyj (currently Wärtsilä Oyj Abp) 1991–2000, President of Lohja Oyj Abp 1979–1991, various positions in production and management within Wärtsilä Oyj Abp 1965–1979.
Current Board assignments: Chairman of the Board of Sampo plc, Director of Oy Karl Fazer Ab and Nokia Oyj.
Shareholding in Sandvik (own and closely related persons): 55,000.
Independent in relation to Sandvik and major shareholders.

Fredrik Lundberg, b. 1951. Director of Sandvik AB since 2006.
Education and business experience: MSc. Eng., B.Sc. (Econ.), D.Econ Honorary, D.Tech. Honorary. Active in L E Lundbergföretagen AB since 1977 and Chief Executive Officer since 1981.
Current Board assignments: Chairman of the Board of Cardo AB, Holmen AB, Hufvudstaden AB, Director of Svenska Handelsbanken AB, AB Industrivärden, LE Lundbergföretagen AB and NCC AB.
Shareholding in Sandvik (own and closely related persons): 3,800,000, via L E Lundbergföretagen AB 14,000,000 and via AB Industrivärden 136,431,200.
Not independent in relation to major shareholders.

Anders Nyrén, b. 1954. Director of Sandvik AB since 2002. Vice Chairman of the Board.
Education and business experience: B.Sc. (Econ.), MBA. President and Chief Executive Officer of AB Industrivärden since 2001, Executive Vice President and CFO of Skanska AB 1997–2001, various executive positions within AB Wilhelm Becker, STC Scandinavian Trading Co AB, STC Venture AB, OM International, Securum AB and Nordbanken 1979–1997.
Current Board assignments: Chairman of Association of Exchange-listed Companies and the Association for Good Practices on the Securities Market, Vice Chairman of Svenska Handelsbanken AB, Director of Ericsson, Industri värden, SCA, SSAB, and Ernström gruppen.
Shareholding in Sandvik (own and closely related persons): 4,500.
Not independent in relation to major shareholders.

Egil Myklebust, b. 1942. Director of Sandvik AB since 2003.
Education and business experience: LLB. Chief Executive Offi cer of Norsk Hydro 1991–2001, President of Næringslivets hovedorganisajon 1989–1990, President of Norsk Arbeidsgivareforening 1987–1988, various positions within Norsk Hydro 1971–1987. Consultant to the National Insurance Administration 1968–1971.
Current Board assignments: Chairman of the Board of SAS, Director of University Board (University of Oslo).
Shareholding in Sandvik (own and closely related persons): 5,000.
Independent in relation to Sandvik and major shareholders.

Hanne de Mora, b. 1960. Director of Sandvik AB since 2006.
Education and business experience: B.Sc. (Econ.), Bachelor's degree of Business Administration IESE, Barcelona. One of the founders and owners, also Chairman of the Board of the management company a-connect (group) ag since 2002, partner in McKinsey & Company, Inc. 1989–2002, various positions within brand management and controlling within Procter & Gamble 1986–1989.
Current Board Asignments: Director of Tomra Systems ASA.
Shareholdings in Sandvik (own and closely related persons): 0.
Independent in relation to Sandvik and major shareholders.

Proposed new Board member

Simon Thompson, born 1959.
Education and business experience: M.Sc. Geology. Senior positions within Anglo American plc 1999-2007. Various positions within Minorco SA 1995-1999. Various positions within Lloyds Bank, NM Rothschild & Sons Ltd and SG Warburg 1981-1995.
Current Board assignments: UC Rusal (since 2007) and Anglo Gold Ashanti Ltd (since 2004).
Shareholding in Sandvik (own and closely related persons): 0
Independent in relation to Sandvik and major shareholders.

Auditor

Caj Nackstad, b. 1945. Auditor in charge, Authorized Public Accountant, KMPG.
Other auditing assignments: Bilia, Billerud, Skanska, LKAB, Axel Johnson AB and Wallenius. Current Board assignments: – .
Shareholding in Sandvik (own and closely related persons): 0.