Ramirent Plc              Stock Exchange Release      December 5, 2019 at 09:30 EET


Ramirent Plc’s Board of Directors has appointed Erik Bengtsson as Chief Executive Officer, CEO, of Ramirent Plc effective January 1, 2020. Erik Bengtsson has since September 1, 2018 held the position Executive Vice President of Sweden, Group Fleet and Sourcing. Erik Bengtsson has a strong track record in the equipment rental industry, having previously been member of the Ramirent Board of Directors from March 2017 to August 2018, and having held various senior managerial roles in the industry since 2005. Erik Bengtsson will also become a member of the Loxam Group’s Executive Committee.

Until the appointment of a successor, Erik Bengtsson will continue in his current position in parallel to his new role.

Jukka Havia has been appointed Deputy CEO of Ramirent Plc effective also January 1, 2020. He will report to Erik Bengtsson. In light of the autonomy of the Ramirent Group, Jukka Havia’s role will consist of assisting Ramirent’s CEO and supervising Group support functions. Jukka Havia joined Ramirent as Chief Financial Officer in April 2019.

The Ramirent head office will remain in Helsinki, Finland.

"We are pleased to announce the appointments of Erik and Jukka into their new roles within Ramirent's and Loxam’s executive management teams. Both of them are highly experienced, and together with the talented executive management team of Ramirent and its skilled employees, will continue to develop Ramirent in its markets. On behalf of the Loxam Group, I wish them both success in their new roles," says Ramirent’s Chairman of the Board Gérard Déprez.

For further information, please contact:
Franciska Janzon, SVP, Marketing, Communications, IR, Ramirent Plc, tel. +358 207 502 859

Images available in Ramirent Media bank.

Ramirent is a leading service company offering equipment rental for construction and other industries. Our mission is to help our customers gear up on safety and efficiency by delivering great equipment and smooth service with a smile. We have around 3,200 co-workers and 300 customer centers across nine countries in Northern and Eastern Europe. In 2018, Ramirent Group sales reached a total of EUR 712 million. Ramirent is listed on Nasdaq Helsinki Ltd (RAMI). Loxam S.A.S. has acquired more than 90 percent of all the Ramirent shares and will delist the company from Nasdaq Helsinki Ltd. as soon as permitted under applicable laws.

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