In preparation for the Electrolux Annual General Meeting on March 31, 2020, the Electrolux Nomination Committee proposes the election of Henrik Henriksson and Karin Overbeck as new members of the Board of Directors of AB Electrolux. The committee also proposes re-election of Staffan Bohman (chairman), Petra Hedengran, Ulla Litzén, Fredrik Persson, David Porter, Jonas Samuelson and Kai Wärn as Board Members. Hasse Johansson and Ulrika Saxon have declined re-election.

Henrik Henriksson is President and CEO of Scania AB. He is also a Board Member of Scania AB and Hexagon AB. He has previously held various senior positions within Scania including four years as Export Director in Scania South Africa Pty Ltd in Johannesburg, South Africa. He holds a Bachelor of Science in Business Administration. Henrik Henriksson, born 1970, is a Swedish citizen.

Karin Overbeck is CEO of Freudenberg Home and Cleaning Solutions GmbH. She has previously held various senior positions within the KAO Corporation as well as in L'Oréal, Tchibo and Unilever. She holds a master's degree in Economics, Marketing and Finance. Karin Overbeck, born 1966, is a German citizen.

The Electrolux Nomination Committee comprises Johan Forssell (Chairman), Investor AB, Kaj Thorén, Alecta, Marianne Nilsson, Swedbank Robur Funds and Anders Oscarsson, AMF - Försäkring och Fonder. The Nomination Committee also includes Staffan Bohman and Fredrik Persson, Chairman and Director, respectively, of the Board of Electrolux.

For further information, please contact:

Sophie Arnius, Head of Investor Relations, +46 70 590 80 72

Electrolux Press Hotline, +46 8 657 65 07

Electrolux is a leading global appliance company that has shaped living for the better for more than 100 years. We reinvent taste, care and wellbeing experiences for millions of people, always striving to be at the forefront of sustainability in society through our solutions and operations. Under our brands, including Electrolux, AEG and Frigidaire, we sell approximately 60 million household products in approximately 120 markets every year. In 2019 Electrolux had sales of SEK 119 billion and employed 51,000 people around the world. For more information go to www.electroluxgroup.com

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