Presentation of proposed board members

Nomination proposal to Board to the 2012 Annual General Meeting

Election of new board members


Jürgen M Geissinger
, b 1959
Education and business experience: PhD in Mechanical Engineer. President and Chief Executive Officer in Schaeffler AG since 1998 and various senior positions at ITT Automotive 1992-1998.
Current Board assignments: Board member of INA-Holding Schaeffler KG and member of the Supervisory Board of MTU Aero Engines Holding AB and Continental AG.
Shareholding in Sandvik (own and closely related persons): 0

Re-election

Anders Nyrén, b. 1954.
Chairman of the Board since 2010. Director 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 AB, Securum AB and Nordbanken 1979–1997.
Current Board assignments: Vice Chairman of Svenska Handelsbanken AB, Director of Telefonaktiebolaget LM Ericsson, AB Industrivärden, SCA, SSAB AB, AB Volvo, Ernströmgruppen, Stockholm School of Economics and Stockholm School of Economics Association.
Shareholding in Sandvik (own and closely related persons): 4,500.
Not independent in relation to major shareholders in the company.

Olof Faxander, b. 1970.
Director since 2011.
Education and business experience: M.Sc. (Materials Science) and B.Sc. (Business Administration). President and CEO of SSAB 2006-2010, Executive Vice President of Outokumpu Oy.
Current Board assignments: Director of Confederation of Swedish Enterprise and the Steel and Metal Employers Association.
Shareholding in Sandvik (own and closely related persons): 9,639.
Not independent in relation to the company and Group Executive Management.

Johan Karlström, b 1957.
Director since 2011.
Education and business experience: M.Sc. Eng. CEO and President of Skanska AB since 2008, various senior positions at BPA (currently Bravida) 1995-2000.
Current Board assignments: Director of Skanska AB.
Shareholding in Sandvik (own and closely related persons): 5,000.

Fredrik Lundberg, b. 1951.
Director since 2006.
Education and business experience: M.Sc. 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 Holmen AB and Hufvudstaden AB, Vice Chairman of Svenska Handelsbanken AB, Director of LE Lundbergföretagen AB, AB Industrivärden and Skanska AB.
Shareholding in Sandvik (own and closely related persons): 6,040,000, via L E Lundbergföretagen AB 27,500,000 and via AB Industrivärden 144,577,252.
Not independent in relation to major shareholders in the company.

Hanne de Mora, b. 1960.
Director since 2006.
Education and business experience: B.Sc. (Econ.), MBA, 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 assignments: Director of AB Volvo.
Shareholding in Sandvik (own and closely related persons): 0.

Simon Thompson, b. 1959.
Director since 2008.
Education and business experience: M.A. (Geology). Various positions with Anglo American Group 1995–2007 including director of Anglo American plc 2005–2007, Director of AngloGold Ashanti 2004–2008, Chairman of Tarmac 2004–2007, Director of SG Warburg
1994–1995, NM Rothschild & Sons Ltd. 1984–1995.
Current Board assignments: Chairman of Tullow Oil plc., Director of Newmont Mining Corporation and AMEC plc.
Shareholding in Sandvik (own and closely related persons): 0.

Lars Westerberg, b. 1948.
Director since 2010.
Education and business experience: M.Sc. and B.Sc., CEO and President of Autoliv Inc. 1999-2007, Gränges AB 1994-1999 and ESAB 1991-1994. Various positions in ESAB and ASEA from 1972.
Current board assignments: Chairman of Husqvarna AB, Director of SSAB AB, AB Volvo and Stena AB.
Shareholding in Sandvik (own and closely related persons): 12,000.