Management change in AB Electrolux

Gunilla Nordström, Head of Major Appliances Asia Pacific and Executive Vice
President of AB Electrolux, will leave Electrolux in order to pursue other
interests. Electrolux has recruited Kenneth L. Ng, currently CEO of Lixil
Corporation in Greater China, as new head of the business area. He will join
Electrolux April 1st.
“Under Gunilla’s strong leadership, Electrolux has gone through tremendous
changes in Asia Pacific, with significant improvements in all parts of the
region,” said Keith McLoughlin, President and CEO. “I want to thank Gunilla for
her successful work in establishing such a strong foundation from which we can
continue to drive the profitable growth of Electrolux in Asia Pacific. I am also
grateful to Gunilla remaining with the company until we found her successor. We
wish Gunilla and her family all the best for the future.”

Kenneth L. Ng has been with Lixil Corp of Japan since 2009, when he as CEO of
American Standard in the Asia Pacific region led the divestment of the business
to Lixil. His previous career includes senior management positions for Imperial
Chemical Industries in China, and for Philips Electronics in China and
Australia/New Zealand. Born in the United States, he holds MBA and B.S. degrees
in marketing from New York University.

Gunilla Nordström joined Electrolux in 2007 after a long career with Ericsson
and Sony Ericsson in Asia, Europe and Latin America. She is a board member in
Atlas Copco AB since 2010 and Wärtsilä Corporation since 2012.
For further information, contact Electrolux Press Hotline, +46 8 657 65 07.

Electrolux discloses the information provided herein pursuant to the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 08.00 CET on March 2, 2015.
Electrolux is a global leader in home appliances, based on deep consumer insight
and developed in close collaboration with professional users. We offer
thoughtfully designed, innovative solutions for households and businesses, with
products such as refrigerators, dishwashers, washing machines, cookers, vacuum
cleaners, air conditioners and small domestic appliances. Under esteemed brands
including Electrolux, AEG, Zanussi, Frigidaire and Electrolux Grand Cuisine, the
Group sells more than 50 million products to customers in more than 150 markets
every year. In 2014, Electrolux had sales of SEK 112 billion and 60,000
employees. For more information go to www.electroluxgroup.com.