Kai Wärn appointed new President and CEO of Husqvarna Group

The Board of Directors of Husqvarna AB has decided to appoint Kai Wärn as
President and CEO of Husqvarna Group effective as of July 1, 2013. Hans
Linnarson, who was appointed President and CEO in 2011, will continue to work
for the Group until he retires early 2014.
Kai Wärn has solid industry background. He worked for the power and automation
technologies company ABB between 1985 and 2004, where he held various senior
international positions including roles in Belgium, Germany and the U.K. His
last assignment at ABB was as President of the Business Unit ABB Robotics
Products. Between 2004 and 2010, Kai Wärn was President and CEO at Seco Tools
AB, a leading global metal cutting tools company, at that time listed at NASDAQ
OMX Nordic stock exchange. Thereafter, Kai Wärn has held the position as
Operations Partner at the private equity firm IK Investment Partners.

Kai Wärn was born in 1959 and is a graduate from the Royal Institute of
Technology in Stockholm, Sweden.

“On behalf of the Board, I want to welcome Kai to the position as President and
CEO of Husqvarna AB. In Kai Wärn, Husqvarna finds a President and CEO who in his
previous positions has demonstrated strong leadership and strategic skills and
who is well acquainted with global businesses. At the same time, we would like
to thank Hans Linnarson for his great contributions as President and CEO during
a couple of challenging years,” says Lars Westerberg, Chairman of the Board of
Husqvarna AB.
For additional information, please contact
Tobias Norrby, Investor Relations Manager at +46 (0)8 738 93 35 or
ir@husqvarnagroup.com

The above information has been made public in accordance with the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
published at 8.00 on March 27, 2013.
Husqvarna Group
Husqvarna Group is the world’s largest producer of outdoor power products
including robotic lawn mowers, garden tractors, chainsaws and trimmers. The
Group is also the European leader in consumer watering products and one of the
world leaders in cutting equipment and diamond tools for the construction and
stone industries. The Group’s products and solutions are sold via dealers and
retailers to both consumers and professional users in more than 100 countries.
Net sales in 2012 amounted to SEK 31 billion, and the Group had 15,400 employees
on average in more than 40 countries.