Changes in Byggmax Group's Management Team Due to Acquisitions

Regulatory News:

Byggmax (STO:BMAX):

The management team for Byggmax Group will consist of Magnus Agervald CEO, Pernilla Walfridsson CFO, Daniel Juhlin CEO Byggmax AB, Anders Johansson Eickhoff CEO of Skånska Byggvaror, Jonathan Schwamberg CEO Buildor, Per Haraldsson Purchasing manager Byggmax Group AB and Erik Börjesson IT manager for Byggmax Group AB.

About Byggmax

The Byggmax Group consists of Byggmax, Buildor and Skånska Byggvaror. Byggmax was launched in 1993 and currently has 77 stores in Sweden from Ystad to Luleå. The company had net sales of approximately SEK 3.5 billion in 2014 and is continuing to expand strongly. Byggmax also has 30 stores in Norway and 13 in Finland. The website sells the entire store assortment, as well as an extensive range of products available to order. From the very beginning, Byggmax’s business concept has been to be the best and most inexpensive alternative for consumers in need of high-quality construction materials. Byggmax has a drive-in system at all its stores, enabling customers to load their products into their vehicles directly. This makes life easy and efficient for customers, particularly when buying heavy construction materials. Buildor is a rapidly growing online retailer within building materials, with sales of almost SEK 50 million for the last 12 months, until September 2015), and with a growth rate of more than 150% over the same time period. Buildor and Skånska Byggvaror were acquired by the Byggmax Group in November 2015. The Byggmax Group was listed on the Nasdaq OMX Stockholm Exchange in June 2010.

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