Keith McLoughlin to retire from Electrolux and will be succeeded by Jonas Samuelson as President and CEO

Keith McLoughlin has notified the Board of Directors of Electrolux that he
wishes to retire from Electrolux. The Board has appointed Jonas Samuelson as new
President and CEO of Electrolux as of February 1, 2016.
Mr. Samuelson is currently head of the business area Electrolux Major Appliances
Europe, Middle East and Africa. He has previously been the head of Electrolux
Global Operations and prior also held the role as Group Chief Financial Officer.
Jonas Samuelson joined Electrolux in 2008.

“With the dedication of the entire Electrolux team, we have strengthened this
great company by substantially increasing our investments in consumer-led
innovation, focusing on profitable growth areas and leveraging the scale of the
company through global integration," says Keith McLoughlin, President and CEO of
Electrolux. “With this strong foundation in place, and having a well prepared
internal successor in Jonas, it is now time for me to pass the baton and return
to my family in the U.S."

Ronnie Leten, Chairman of the Board of Directors of Electrolux says ”Keith has
made significant contributions strengthening the company during his time as CEO.
Under his leadership, Electrolux has successfully enhanced its position as an
innovative, globally integrated company, while strengthening its balance sheet.
His personal integrity, commitment and loyalty to this company have been well
appreciated. I enjoy our relationship and I am looking forward to continuing
it."

“The Board is pleased that Jonas Samuelson will take on the role as President
and CEO for the Group,” continues Mr. Leten. “His focus will be to continue
executing the Electrolux strategy of becoming a truly consumer driven company
leveraging our global scale. With his background and proven results, I am
certain he is the right next leader for Electrolux.”

Keith McLoughlin will continue to support Electrolux in the North American
market on consultancy basis.

Media conference today

The media conference will begin at 9.30 am CET on Monday, January 11. The
conference will be led by Ronne Leten, Chairman of the Board of Directors of
Electrolux accompanied by Keith McLoughlin and Jonas Samuelson.

Details for the call are as follows:

Participants in Sweden should call +46(0)8 5033 6539

Participants in the UK/Europe should call +44(0)20 3427 1903

Participants in the U.S. should call +1212 444 0412

Conference code: 7325254
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 January 11, 2016.
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.