Investor: CEO change at Aleris

Regulatory News:

Investor AB: (STO:INVEA)(STO:INVEB)(LSE:INU)

The board of directors at Aleris has appointed Alexander Wennergren Helm as new CEO for the Group. Alexander is currently CEO of Hultafors Group, and has a proven track record of developing high-quality offerings for demanding customers. He will assume his new position no later than February, 2017.

Alexander will succeed Liselott Kilaas, who has been the CEO of Aleris for three years. Liselott will remain as CEO until her successor is in place, and she will continue to work in different capacities for Patricia Industries and Investor AB.

"During Liselott’s tenure as CEO, Aleris has strengthened the quality of its offering and achieved annual double digit growth and a significant margin improvement. We now have a strong platform to take the next step in building Aleris into a leading care and healthcare company. We believe Alexander will bring new perspectives for this journey. We would like to thank Liselott for her valuable contribution to Aleris and Patricia Industries, and look forward to continue working together”, comments Christian Cederholm, acting Chairman of Aleris and Head of Nordics, Patricia Industries.

"I am truly humbled and very grateful to have worked in Aleris over ten years, and the last three years as group CEO. It has been incredibly rewarding to work closely with so many competent and talented colleagues in the largest and most innovative healthcare and care enterprise in Scandinavia. I am very proud of the journey my team and I have been through, and the position we achieved over these ten years”, comments Liselott Kilaas.

Patricia Industries manages the wholly-owned subsidiaries of Investor AB and is a long-term owner that engages in companies to help make them best-in-class.

Aleris is one of Scandinavia’s leading private care and healthcare service providers, and its wide offering include primary- and specialist care, diagnostics, elderly care and psychiatric care for youth and adults.

Our press releases can be accessed at www.investorab.com Investor, founded by the Wallenberg family a hundred years ago, is the leading owner of high quality Nordic-based international companies. Through board participation, our industrial experience, network and financial strength, we strive to make our companies best-in-class. Our holdings include, among others, Atlas Copco, SEB, ABB, Ericsson and Mölnlycke Health Care.

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