SSAB AB (publ) announced that Matti Lievonen has declined re-election at the Annual General Meeting to be held on April 1, 2020.

The Board proposed a dividend of SEK 1.50 per share. April 3, 2020, is proposed as the record date for payment of the dividend. Provided that the Meeting resolves in accordance with the
proposal, dividends are expected to be distributed by Euroclear Sweden AB on April 8, 2020.