Håkan Lundstedt new President of Mekonomen AB

The Board of Directors of Mekonomen today appointed Håkan Lundstedt as President of Mekonomen
AB, commencing February 1, 2007.

Håkan Lundstedt, who is 40 years old, will join the company from the position of President of
Lantmännen Axa AB, formerly Cerealia Foods & Breads. Since 1997, he has been president of various
companies within the Lantmännen/Cerealia Group. He has extensive experience in building and
developing companies, concepts and brands, including the overall Axa concept, which is now one of
Sweden’s strongest brands. Håkan was also the initiator and developer of the new ready-meals chain,
Gooh!

“We are very pleased to appoint Håkan Lundstedt as President of Mekonomen. Håkan has extensive
experience in sales and marketing and is a skilful leader with a solid operational background,” says Marcus
Storch, Acting Chairman of Mekonomen AB.

”Mekonomen is a very exciting company with excellent development potential. I look forward to
continuing the development of the company in cooperation with its many skilled employees,” says Håkan
Lundstedt.

For further information, please contact:
Marcus Storch, Acting Chairman, Mekonomen, Tel: +46 (0)8-679 97 00
Håkan Lundstedt, Tel: +46 (0)70-566 87 40

About Us

Mekonomen group is the leading spare-part chains in the Nordic region and consists of three subgroups; Meca Scandinavia, Mekonomen Nordic and Sørensen og Balchen. We offer a broad and an easily accessible range of value-for-money and innovative solutions and products for consumers and companies. Within Mekonomen Group operates the leading. Mekonomen Group has approximately 400 stores and over 2,300 workshops.

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