Nomination Committee proposes new Chairman

The Nomination Committee of Skanska AB has today proposed that Hans Biörck be elected new Chairman at the Annual General Meeting to be held on April 6, 2016. Skanska’s current Chairman, Stuart Graham, has already notified the Nomination Committee that he will not stand for re-election at the 2016 AGM.

The Nomination Committee has decided on a proposal for the election of a new Chairman of Skanska, the committee therefore publish this information. The Nomination Committee’s work will continue and a complete proposal will be published at a later date in connection with Notice of the Annual General Meeting.

Hans Biörck is 64, and served as CFO at Skanska from 2001-2011. He is currently a Board member of Trelleborg AB, LKAB AB and Bure Equity AB. Hans Biörck holds a Bachelor of Science in Economics and prior to joining Skanska, he served as CFO at Autoliv and Esselte.

For further information, contact:

Helena Stjernholm, Chairman of the Nomination Committee of Skanska AB, tel: +46 (0)8 666 64 00

Edvard Lind, Head of Media Relations, Skanska AB, tel: +46 (0)10-448 88 08

This and previous releases can be found at www.skanska.com

Skanska AB may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential premises, and public-private partnership projects. Based on its global green experience, Skanska aims to be the client’s first choice for Green Projects. The Group currently has 58,000 employees in selected home markets in Europe and the US. In 2014, Skanska’s sales totaled SEK 145 billion.

About Us

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.