Lars Josefsson proposed as new Holmen Board member

Holmen’s nomination committee proposes to the AGM the re-election of the current
Board members: Fredrik Lundberg (who is also proposed for re-election as
chairman of the Board), Carl Bennet, Lars G Josefsson, Carl Kempe, Louise Lindh,
Ulf Lundahl, Henrik Sjölund and Henriette Zeuchner. Göran Lundin has declined re
-election.

The committee also proposes that Lars Josefsson be elected as a new Board
member. Lars Josefsson was born in 1953 and holds an MSc in Engineering. He has
extensive experience of management posts at various industrial companies,
including Sandvik, and over the course of more than 20 years has also held
various positions at ABB. Lars now works as an independent consultant and is
Deputy Chairman of Vestas, Chairman of Driconeq, Ouman and TimeZynk, and is also
a Board member of Metso.

The nomination committee’s other proposals will be presented in the notice
convening Holmen’s AGM 2016, held in Stockholm on 13 April at 15:00 CET.

Prior to the 2016 AGM, Holmen’s nomination committee is made up of Mats
Guldbrand, L E Lundbergföretagen, Alice Kempe, Kempe Foundations, Hans Hedström,
Carnegie funds and Fredrik Lundberg, Chairman of the Board. The chairman of the
nomination committee is Mats Guldbrand.

For more information, please contact:
Mats Guldbrand, chairman of the nomination committee, tel. +46 (0)768 321 515

This is information that Holmen AB is obliged to disclose under the Swedish
Securities Market Act and the Swedish Financial Instruments Trading Act. The
information was submitted for publication on 5 February 2016 at 08.05 CET.
Holmen is a forest industry group that manufactures paperboard, printing paper
and sawn timber and runs forestry and energy production operations. In 2015
Holmen’s net sales were SEK 16 billion and the group has approx. 3,300
employees. Holmen’s shares are listed on Nasdaq Stockholm, Large Cap. For more
information, visit www.holmen.com