New President and CEO of Rottneros AB (publ) appointed

The Board of Rottneros AB has appointed Lennart Eberleh new President and CEO of Rottneros AB.

Lennart Eberleh most recently comes from BillerudKorsnäs where he is head of the business area Corrugated Solutions, one of BillerudKorsnäs’ three business areas. Lennart has more than 20 years of experience in various management positions within the paper industry, including in Stora, Billerud and BillerudKorsnäs. Lennart has a M.Sc. in Engineering from the Technical University of Braunschweig.

Many of us have followed Lennart's success over the years, and we are very pleased to have recruited a person who has both substantial expertise in the paper industry as well as solid experience of business acumen, says Rune Ingvarsson, Chairman of the Board of Rottneros AB.

Lennart is definitely the right person to continue the work with our long-term industrial plan, Agenda 500, and to develop Rottneros' strategy further. It feels very good to hand over to him, says Per Lundeen, acting President and CEO.

Lennart Eberleh will take office no later than October 1, 2016. Until then, Per Lundeen will continue as CEO. Per took office as CEO in November 2014 after serving on the Board of Rottneros AB since 2013.

We are very grateful for the work that Per has performed. Under his leadership, Rottneros has developed into a very profitable and financially strong company. We are also delighted that Per will make himself available for further work as a member of the Board of Rottneros AB, says Rune Ingvarsson.

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For further information, please contact:

Rune Ingvarsson, Chairman of the Board of Rottneros AB (publ), +46 70 288 79 76

Per Lundeen, President and CEO of Rottneros AB (publ), +46 70 518 33 47

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Rottneros discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The Information was submitted for publication on 21 March 2016 at 08:30 CET.