The Board has decided to appoint Markus Granlund, the current deputy CEO
of Semcon (STO:SEMC), as its new CEO from the time of the AGM on 26
April 2012. The nominations committee, unanimous in its proposal, also
suggests that the current CEO, Kjell Nilsson, is appointed Chairman of
the Board at the AGM.

“With Markus Granlund, Semcon gets a CEO who is very familiar with the
company, from his positions as Chief Legal Officer since 2008 and as
deputy CEO since the autumn. He’s shown an ability to take action,
negotiate, has a vast commercial understanding and is respected
throughout the organization. We pleased that we have managed to recruit
in-house and would like to wish him a warm welcome to the post of CEO,”
says Chairman of the board Hans-Erik Andersson.

“I’m looking forward, together with my colleagues, to get the
opportunity to continue developing Semcon’s global business,” says
Markus Granlund.

Hans-Erik Andersson, Semcon’s Chairman since 2008, has notified the
nominations committee that he will not be standing for re-election and
will therefore be leaving his professional undertakings in the company
in conjunction with 2012’s AGM.

Shareholders representing 46.9 per cent of the company’s shares and
votes are behind the nominations committee’s decision for 2012’s AGM to
propose that Kjell Nilsson reverts to the post of Semcon’s Chairman of
the Board.

“Semcon’s long-term development is very exciting and I would very much
like to continue contributing if the AGM unanimously decides with the
nominations committee’s proposal,” says Kjell.

The notification to attend the AGM in its entirety, including the
nominations committee’s and Board’s other proposals will be published no
later than four weeks prior to the AGM on 26 April on the company’s
website and by advertising in the Swedish Official Gazette and through
adverts in Dagens Industri.

Semcon is a global company active in the areas of engineering services
and product information. The Group has nearly 3,000 employees with
extensive experience from many different industries. We develop
technologies, products, plants and information solutions along the
entire development chain and also provide many services including
quality control, training and methodology development. Semcon boosts
customers’ sales and competitive strength by providing them with
innovative solutions, design and solid engineering solutions. The Group
has sales of SEK 2.5 billion and activities at more than 45 sites in
Sweden, Germany, the UK, Brazil, Hungary, India, China, Spain and Russia

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